News

• March 14, 2019

  The Age of Leverage

  Remarks Carolyn A. Wilkins UBC Vancouver School of Economics and CFA Society Vancouver Vancouver, British Columbia

  Senior Deputy Governor Carolyn A. Wilkins discusses how high leverage is both a headwind to global growth and a vulnerability in the global financial system.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Balance of payments and components, Credit risk management, Financial institutions, Financial stability, Financial system regulation and policies, Fiscal policy
• March 8, 2019

  Bank of Canada names winners of women’s scholarship award

  Media Relations Ottawa, Ontario

  The Bank of Canada marked International Women’s Day by announcing the 2018-2019 recipients of its Master’s Scholarship Award for Women in Economics and Finance.

  Content Type(s): Press, Press releases
• March 7, 2019

  Spending shifts and consumer caution

  Speech summary Lynn Patterson Hamilton Chamber of Commerce Hamilton, Ontario

  Speaking a day after we decided to hold interest rates unchanged, Deputy Governor Lynn Patterson discussed the key points Governing Council considered in their decision.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Housing, Inflation and prices, Recent economic and financial developments
• March 6, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ per cent

  Media Relations Ottawa, Ontario

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

  Content Type(s): Press, Press releases
• February 21, 2019

  Monetary policy brings benefits—but has limits

  Speech summary Stephen S. Poloz Montréal, Quebec

  In his first speech of 2019, Governor Stephen S. Poloz explains that monetary policy is a powerful tool to promote our economic welfare. But he also notes that it has some key limits that need to be better understood in the face of uncertainty.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Inflation targets, Monetary policy framework
• February 19, 2019

  Wilfrid Laurier University crowned National Champion of The Governor’s Challenge

  Media Relations Ottawa, Ontario

  Wilfrid Laurier University has won the Bank of Canada’s fourth 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 6, 2019

  Taking Precautions: The Canadian Approach to Foreign Reserves Management

  Remarks Timothy Lane Peterson Institute for International Economics Washington, D.C.

  Deputy Governor Timothy Lane discusses how Canada manages its foreign exchange reserves.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Foreign reserves management
• January 31, 2019

  Canada’s job market is solid, but some key questions remain, Senior Deputy Governor Wilkins says

  Media Relations Toronto, Ontario

  While the labour market in Canada is in good shape overall, answers to some key questions will help provide insight into slower-than-expected wage growth, Senior Deputy Governor Carolyn A. Wilkins said today.

  Content Type(s): Press, Press releases
• January 31, 2019

  A Look Under the Hood of Canada’s Job Market

  Remarks Carolyn A. Wilkins Toronto Region Board of Trade Toronto, Ontario

  Senior Deputy Governor Carolyn A. Wilkins discusses developments in the Canadian labour market and factors that may help explain why wage growth is slower than expected.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Business fluctuations and cycles, Inflation and prices, Labour markets, Productivity, Regional economic developments, Service sector
• January 9, 2019

  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