News

• September 5, 2018

  Bank of Canada maintains overnight rate target at 1 ½ per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent.

  Content Type(s): Press, Press releases
• August 25, 2018

  The Fourth Industrial Revolution and Central Banking

  Remarks Stephen S. Poloz Federal Reserve Bank of Kansas City Jackson Hole, Wyoming

  Governor Poloz talks about the economic benefits expected from disruptive digital technologies and the implications for monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Domestic demand and components, Inflation and prices, Market structure and pricing, Monetary policy, Productivity
• August 15, 2018

  RCMP’s E Division wins Bank of Canada counterfeit prevention award

  The Bank of Canada congratulates the Integrated Counterfeit Enforcement Team from British Columbia’s Federal Serious and Organized Crime branch, E Division—Financial Integrity. They are the winners of the 2018 Law Enforcement Award of Excellence for Counterfeit Deterrence.

  Content Type(s): Press, Announcements
• July 31, 2018

  Bank of Canada publishes its 2019 schedule for policy interest rate announcements, the release of the Monetary Policy Report, the Business Outlook Survey and the Senior Loan Officer Survey

  Media Relations Ottawa, Ontario

  The Bank of Canada today published its 2019 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report, and reconfirmed the scheduled interest rate announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 13, 2018

  Process for selecting a Deputy Governor of the Bank of Canada

  Further to the announcement that Deputy Governor Sylvain Leduc will leave the Bank at the end of July, the process to appoint his successor has been initiated.

  Content Type(s): Press, Announcements
• July 11, 2018

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz, Carolyn A. Wilkins 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
• July 11, 2018

  Bank of Canada raises overnight rate target to 1 ½ per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent.

  Content Type(s): Press, Press releases
• July 11, 2018

  Monetary Policy Report – July 2018

  

  Real GDP in Canada is expected to grow by 2.0 per cent in 2018, 2.2 per cent in 2019 and 1.9 per cent in 2020.

  Content Type(s): Publications, Monetary Policy Report
• June 29, 2018

  Business Outlook Survey - Summer 2018

  Supported by expectations of sustained demand, responses to the summer Business Outlook Survey point to continued business optimism, particularly outside the energy-producing regions. In this context, firms reported increasing pressures on capacity and prices.

  Content Type(s): Publications, Business Outlook Survey
• June 29, 2018

  Senior Loan Officer Survey—Second Quarter of 2018

  Survey results for the second quarter of 2018 suggest that overall lending conditions eased somewhat, both for households and business, driven by competition for mortgage and corporate lending.

  Content Type(s): Publications, Senior Loan Officer Survey