June 8, 2017 Household vulnerabilities have moved higher, but the financial system remains resilient Media Relations Ottawa, Ontario Household indebtedness and housing market imbalances—the most important vulnerabilities for the Canadian financial system—have moved higher over the past six months, the Bank of Canada said today in its Financial System Review (FSR). Content Type(s): Press, Press releases
June 1, 2017 Bank of Canada issues commemorative $10 bank note to mark the 150th anniversary of Confederation Media Relations Ottawa, Ontario The Bank of Canada today began circulating the $10 commemorative bank note that celebrates the 150th anniversary of Confederation. Canadians can now obtain this special note at financial institutions. Only 40 million notes are being issued—roughly one for every Canadian. Content Type(s): Press, Press releases
May 24, 2017 Bank of Canada maintains overnight rate target at 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
May 4, 2017 Canada and Mexico both set to capitalize on current opportunities, Bank of Canada Governor Poloz says Media Relations Mexico City, Mexico Canada and Mexico share economic traits that leave both well placed to face global challenges and capitalize on opportunities, Bank of Canada Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases
April 18, 2017 Embrace automation and manage its side effects, says Senior Deputy Governor Wilkins Media Relations Toronto, Ontario Automation, artificial intelligence and other innovations will benefit the Canadian economy by boosting productivity and living standards, but they could also have less desirable side effects on the labour market and income distribution that will have to be managed, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins said today. Content Type(s): Press, Press releases
April 12, 2017 Bank of Canada maintains overnight rate target at 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
April 7, 2017 Bank of Canada unveils commemorative bank note to celebrate Canada’s 150th anniversary of Confederation Media Relations Ottawa, Ontario Bank of Canada Governor Stephen S. Poloz and Parliamentary Secretary to the Minister of Finance Ginette Petitpas Taylor today unveiled a commemorative $10 bank note celebrating the 150th anniversary of Confederation. Content Type(s): Press, Press releases Research Topic(s): Bank notes
March 30, 2017 Bank of Canada announces recipients of 2017 Fellowship and Governor’s awards Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce that Professor Francisco Ruge-Murcia from McGill University is the 2017 recipient of the Bank’s Fellowship Award. Content Type(s): Press, Press releases Source(s): Fellowship Program
March 28, 2017 Progress and openness go hand in hand, Bank of Canada Governor Poloz says Media Relations Oshawa, Ontario Canada’s economic progress has been driven by its historical preference for openness to people, capital and trade, Bank of Canada Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases
March 23, 2017 The Bank of Canada Releases Its Annual Report for 2016 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2016 was tabled in the House of Commons today. Content Type(s): Press, Press releases