February 10, 2015 Economy Has Room to Grow, Says Senior Deputy Governor Carolyn Wilkins Media Relations Ottawa, Ontario The Canadian economy still has room to grow, and the sharp drop in oil prices is a setback, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Ottawa today, adding that monetary policy will support the needed adjustments. As the Bank assesses the underlying inflation pressures in the Canadian economy, it is critical that […] Content Type(s): Press, Press releases
February 10, 2015 Minding the Labour Gap Remarks Carolyn A. Wilkins Ottawa Economics Association Ottawa, Ontario Senior Deputy Governor Carolyn Wilkins discusses the state of the labour market, the impact of lower oil prices on Canada’s economic outlook and the importance of both for monetary policy. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Inflation and prices, Inflation targets, Labour markets, Monetary policy, Potential output, Productivity
January 29, 2015 Planned Changes to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF) Following a regular review of the Bank’s policy in relation to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF), the Bank is planning to add certain Canadian-dollar denominated term asset-backed securities (ABS), including those backed by residential mortgages, to the list of eligible collateral, effective 31 March 2015. Content Type(s): Press, Market notices
January 21, 2015 Release of the Monetary Policy Report Opening statement Stephen S. Poloz Ottawa, Ontario Press conference following the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Interest rates, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Regional economic developments
January 21, 2015 Bank of Canada lowers overnight rate target to 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Content Type(s): Press, Press releases
January 13, 2015 Drilling Down - Understanding Oil Prices and Their Economic Impact Remarks Timothy Lane Madison International Trade Association (MITA) Madison, Wisconsin Deputy Governor Timothy Lane discusses the causes of the recent drop in oil prices and its effects on the global and Canadian economies. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Inflation and prices, International topics, Monetary policy, Recent economic and financial developments, Trade integration
January 9, 2015 Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF) - Exceptional Temporary Access to Non-Mortgage Loan Portfolio The Bank of Canada will continue, in exceptional circumstances, to allow participants in the Large Value Transfer System (LVTS) to submit, on a same-day basis, requests to lift the 20 per cent limit of total collateral value pledged that can be the non-mortgage loan portfolio (NMLP). Content Type(s): Press, Market notices
December 19, 2014 Results of the 19 December 2014 Term Repo Operation for Balance Sheet Management Purposes Results of today's term repo for balance sheet management purposes operation. Content Type(s): Press, Market notices