July 27, 2015 Bank of Canada Publishes 2016 Schedule for Policy Interest Rate Announcements and Release of the Monetary Policy Report Media Relations Ottawa, Ontario The Bank of Canada today published its 2016 schedule of the key dates for policy interest rate announcements and release of the quarterly Monetary Policy Report, and it reconfirmed the scheduled announcement dates for the remainder of this year. Content Type(s): Press, Press releases
July 15, 2015 Bank of Canada lowers overnight rate target to 1/2 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 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
June 11, 2015 Bank of Canada says risk to financial stability is slightly higher, but system is more resilient Media Relations Ottawa, Ontario The overall risk to financial stability in Canada has risen in the face of lower oil prices, but the resilience of the system continues to improve, the Bank of Canada said today as it released its biannualFinancial System Review (FSR). The FSR is intended to raise awareness of the key vulnerabilities, possible triggers and risks […] Content Type(s): Press, Press releases
May 27, 2015 Bank of Canada maintains overnight rate target at 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 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
May 19, 2015 Canadian economy rebuilding, though headwinds remain, says Governor Poloz Media Relations Charlottetown, Prince Edward Island Following a setback caused by the drop in oil prices, the Canadian economy is once again on a course toward sustainable balanced growth, although it continues to face headwinds, Bank of Canada Governor Stephen S. Poloz said today. The Governor’s speech to the Greater Charlottetown Area Chamber of Commerce outlined some key indicators the Bank […] Content Type(s): Press, Press releases
May 5, 2015 Canada’s Economy Counts on Reliable Liquidity Says Senior Deputy Governor Carolyn Wilkins Media Relations Montréal, Quebec The financial system needs reliable funding and market liquidity to support economic activity, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today in her speech to the Board of Trade of Metropolitan Montreal. “We learned from the crisis that liquidity can be a fickle friend, and its absence can amplify financial distress,” she said. […] Content Type(s): Press, Press releases
April 15, 2015 Bank of Canada maintains overnight rate target at 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 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
March 30, 2015 Bank of Canada Announces Recipient of 2015 Governor’s Award Media Relations Ottawa, Ontario The Bank of Canada today announced that Professor Matilde Bombardini of the University of British Columbia’s Vancouver School of Economics is the recipient of the Governor’s Award for 2015. Content Type(s): Press, Press releases Source(s): Fellowship Program
March 27, 2015 The Bank of Canada Releases Its Annual Report for 2014 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2014 was tabled in the House of Commons today. Content Type(s): Press, Press releases
March 26, 2015 Financial volatility a natural consequence of monetary policy normalization, says Bank of Canada Governor Stephen S. Poloz Media Relations London, United Kingdom The recent rise in financial market volatility reflects a global economy that is beginning the process of getting back to normal, Bank of Canada Governor Stephen S. Poloz said on Thursday. In a speech to the Canada-United Kingdom Chamber of Commerce, Governor Poloz discussed the recent rise in financial market volatility and low long-term bond […] Content Type(s): Press, Press releases