March 18, 2014 Demographics, Crisis Aftermath Pose Limits to Growth, Says Bank of Canada Governor Stephen S. Poloz Media Relations Halifax, Nova Scotia Demographic forces and the hangover from the global financial crisis together are putting limits on economic growth, Bank of Canada Governor Stephen S. Poloz said today in Halifax. “A period of subdued growth after a financial crisis can still be regarded as cyclical, in the sense that it will eventually prove to be temporary,” Governor […] Content Type(s): Press, Press releases
March 5, 2014 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. Content Type(s): Press, Press releases
February 7, 2014 Symmetrical, Flexible Inflation Target Continues to Serve Canadians Well, Says Bank of Canada Senior Deputy Governor Tiff Macklem Media Relations Montréal, Quebec The Bank of Canada’s flexible inflation target has served Canada well in both tranquil and turbulent times and remains the right policy framework to address the current economic environment of persistently weak inflation, Senior Deputy Governor Tiff Macklem said today in a lecture at Concordia University’s John Molson School of Business in Montréal. “Inflation targeting […] Content Type(s): Press, Press releases
February 4, 2014 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario The Bank of Canada today announced the appointment of Line Rivard as Special Adviser to the Governor on Financial System. Content Type(s): Press, Press releases
January 22, 2014 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Content Type(s): Press, Press releases
December 23, 2013 Deputy Governor John Murray to Retire from the Bank of Canada Media Relations Ottawa, Ontario The Bank of Canada announced today that Deputy Governor John Murray will retire on 30 April 2014. Content Type(s): Press, Press releases
December 12, 2013 Monetary Policy an Exercise in Risk Management, Says Bank of Canada Governor Stephen S. Poloz Media Relations Montréal, Quebec The financial crisis and the considerable uncertainty that has ensued are leading to a progressive redefinition of central banking, Bank of Canada Governor Stephen S. Poloz said today in a speech to the Canadian Club of Montréal. “We assess how risks could interact with each other. We gauge their potential impact. And we use judgment […] Content Type(s): Press, Press releases
December 5, 2013 Senior Deputy Governor Tiff Macklem will leave the Bank in May 2014 Media Relations Ottawa, Ontario Senior Deputy Governor Tiff Macklem has announced that he will resign from the Bank of Canada next spring to become Dean of University of Toronto’s Rotman School of Management. Content Type(s): Press, Press releases
December 4, 2013 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Content Type(s): Press, Press releases
November 7, 2013 Bank of Canada Issues $5 and $10 Polymer Bank Notes Media Relations Ottawa, Ontario The Bank of Canada has announced the entry into circulation of the new $5 and $10 polymer bank notes. Starting today, these final two notes in the new polymer Frontiers series will be available at financial institutions across Canada. Content Type(s): Press, Press releases Topic(s): Bank notes