News

• May 14, 2020

  Release of the Financial System Review

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Financial System Review.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Credit and credit aggregates, Financial markets, Financial stability, Financial system regulation and policies, Recent economic and financial developments
• May 14, 2020

  Financial System Review Summary—2020

  

  Stephen S. Poloz, Carolyn A. Wilkins, Timothy Lane, Lawrence L. Schembri, Paul Beaudry, Toni Gravelle

  This issue of the Financial System Review focuses on the impact of COVID 19. The pandemic presents an unprecedented shock to the Canadian economy. This report identifies the effects on the Canadian financial system and explains how recent actions by the Bank and other policy-makers are helping to manage them. It further describes how a resilient financial system can help households and businesses smooth the effects of the COVID-19 shock and prepare for a robust recovery.

  Content Type(s): Publications, Financial Stability Report
• May 11, 2020

  The Bank of Canada launches application period for 2020 scholarship awards

  The application period is open until August 1. These awards are designed to assist students with disabilities, Indigenous students and those who identify as a member of a visible minority group in furthering their education.

  Content Type(s): Press, Announcements
• May 6, 2020

  Annual Report 2019

  

  The Annual Report outlines the Bank’s activities and achievements in 2019. It includes the financial statements and a message from Governor Stephen S. Poloz.

  Content Type(s): Publications, Annual Report
• May 6, 2020

  The Bank of Canada Releases Its Annual Report for 2019

  Media Relations

  The Bank of Canada’s Annual Report for 2019 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• May 4, 2020

  Bridge to Recovery: The Bank’s COVID-19 Pandemic Response

  Remarks (delivered virtually) Carolyn A. Wilkins C.D. Howe Institute Toronto, Ontario

  Senior Deputy Governor Carolyn A. Wilkins discusses measures the Bank has taken to address the COVID-19 pandemic and set the stage for recovery.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Coronavirus disease (COVID-19), Financial institutions, Financial markets, Monetary policy and uncertainty, Monetary policy transmission, Recent economic and financial developments
• May 1, 2020

  Tiff Macklem Appointed Governor of the Bank of Canada

  Media Relations Ottawa, Ontario

  The Directors of the Bank of Canada, appointed under Section 9 of the Bank of Canada Act, today announced that they have appointed Tiff Macklem as Governor of the Bank of Canada for a seven-year term, effective 3 June 2020.

  Content Type(s): Press, Press releases
• May 1, 2020

  Statement by Governor Poloz on Announcement of New Governor

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Governor Stephen S. Poloz offers sincere best wishes to new Governor Tiff Macklem on a successful term

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 1, 2020

  Statement by Claire Kennedy on Announcement of New Governor

  Opening statement Claire M. C. Kennedy Ottawa, Ontario

  Lead Director Claire Kennedy congratulates Tiff Macklem on being selected as the 10th Governor of the Bank of Canada and thanks Stephen Poloz for his service.

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 1, 2020

  Statement by Tiff Macklem on his announcement as New Governor

  Opening statement Tiff Macklem Ottawa, Ontario

  Governor-designate Tiff Macklem applauds Stephen Poloz’s leadership of the Bank and explains how much he looks forward to returning to the Bank as its next Governor.

  Content Type(s): Press, Speeches and appearances, Opening statements