July 11, 2018 Bank of Canada raises overnight rate target to 1 ½ per cent Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent. Content Type(s): Press, Press releases
June 27, 2018 Transparency strengthens public trust and makes monetary policy more effective, Governor Poloz says Media Relations Victoria, British Columbia Transparency in monetary policy can help build trust with the public and financial markets and promote a more resilient economy, Governor Stephen S. Poloz said in a speech today. Content Type(s): Press, Press releases
June 13, 2018 Bank of Canada partners with Creative Destruction Lab to deepen knowledge of new technologies Media Relations Ottawa, Ontario The Bank of Canada announced today that it will partner with the Creative Destruction Lab to deepen its knowledge of leading technologies. Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
June 13, 2018 Deputy Governor Sylvain Leduc to leave the Bank of Canada Media Relations Ottawa, Ontario The Bank of Canada announced today that Deputy Governor Sylvain Leduc will leave the Bank in late July 2018. Mr. Leduc will return to San Francisco with his family to resume working at the Federal Reserve Bank of San Francisco. Content Type(s): Press, Press releases
June 7, 2018 Canada’s financial system remains resilient as vulnerabilities show further signs of easing Media Relations Ottawa, Ontario High household indebtedness and housing market imbalances remain the most important vulnerabilities identified by the Bank of Canada in its Financial System Review (FSR), published today. While these vulnerabilities remain elevated, policy measures continue to improve the resilience of the financial system. Content Type(s): Press, Press releases
May 30, 2018 Bank of Canada maintains overnight rate target at 1¼ per cent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1¼ per cent. The Bank Rate is correspondingly 1½ per cent and the deposit rate is 1 per cent. Content Type(s): Press, Press releases
May 11, 2018 Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 Demonstrate Feasibility of Instantaneous Equity Settlement through Distributed Ledger Technology This joint press release describes the preliminary findings of the third phase of the Project Jasper research initiative. Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
May 1, 2018 Bank of Canada policy helps manage risks from debt, Governor Poloz says Media Relations Yellowknife, Northwest Territories Elevated household debts make the Canadian economy more vulnerable to events that could affect growth and financial stability, and the Bank of Canada’s cautious approach to monetary policy is helping manage the risks, Governor Stephen S. Poloz said today. In a speech to the Yellowknife Chamber of Commerce, Governor Poloz said that high household debt […] Content Type(s): Press, Press releases
April 18, 2018 Bank of Canada maintains overnight rate target at 1 ¼ per cent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1 ¼ per cent. The Bank Rate is correspondingly 1 ½ per cent and the deposit rate is 1 per cent. Content Type(s): Press, Press releases
March 26, 2018 The Bank of Canada releases its Annual Report for 2017 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2017 was tabled in the House of Commons today. Content Type(s): Press, Press releases