News

• February 12, 2020

  Law Enforcement Award of Excellence for Counterfeit Deterrence

  The call for nominations is open until April 16, 2020.

  Content Type(s): Press, Announcements
• February 10, 2020

  University of British Columbia crowned National Champion of The Governor’s Challenge

  Media Relations Ottawa, Ontario

  The University of British Columbia has won the Bank of Canada’s fifth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• February 5, 2020

  Securing prosperity is up to all of us

  Speech summary Carolyn A. Wilkins Economic Club of Canada Toronto, Ontario

  Senior Deputy Governor Carolyn A. Wilkins explains that Canada is well-positioned to secure prosperity and avoid a long period of slow growth if we take the right steps.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Business fluctuations and cycles, Fiscal policy, Interest rates, International topics, Monetary policy framework, Potential output, Productivity
• February 5, 2020

  Securing long-term prosperity is up to all of us, Senior Deputy Governor Wilkins says

  Media Relations Toronto, Ontario

  In remarks to the Economic Club of Canada, Senior Deputy Governor Carolyn A. Wilkins said aging populations and weak productivity gains are holding back prospects in many advanced economies, including Canada’s.

  Content Type(s): Press, Press releases
• January 30, 2020

  How vulnerabilities like debt can affect interest rates

  Speech summary Paul Beaudry Laval University Québec, Québec

  Deputy Governor Paul Beaudry explains to students at Laval University why financial vulnerabilities—such as household debt—are important for the Bank of Canada when it sets interest rates.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Central bank research, Credit risk management, Financial stability, Inflation targets, Interest rates, Monetary policy, Monetary policy framework, Monetary policy implementation
• January 29, 2020

  Bank of Canada launches public consultation for new $5 bank note

  Media Relations Ottawa, Ontario

  Minister of Finance Bill Morneau and Governor Stephen S. Poloz today announced that the Bank of Canada is launching public consultations to select an iconic Canadian to appear on the next $5 bank note.

  Content Type(s): Press, Press releases
• January 22, 2020

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 22, 2020

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.

  Content Type(s): Press, Press releases
• January 22, 2020

  Monetary Policy Report – January 2020

  

  The Bank projects that growth in the Canadian economy will accelerate from 1.6 percent this year to 2 percent in 2021.

  Content Type(s): Publications, Monetary Policy Report
• January 21, 2020

  Central bank group to assess potential cases for central bank digital currencies

  The Bank of Canada announces it is creating a working group with five other central banks and the Bank for International Settlements to assess the potential cases for central bank digital currencies.

  Content Type(s): Press, Announcements Topic(s): Digital currencies and fintech