News

• 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
• June 27, 2018

  Transparency strengthens public trust and makes monetary policy more effective, Governor Poloz says

  Media Relations Victoria, British Columbia

  Transparency in monetary policy can help build trust with the public and financial markets and promote a more resilient economy, Governor Stephen S. Poloz said in a speech today.

  Content Type(s): Press, Press releases
• June 27, 2018

  Let Me Be Clear: From Transparency to Trust and Understanding

  Remarks Stephen S. Poloz Greater Victoria Chamber of Commerce Victoria, British Columbia

  Governor Poloz talks about how the Bank is improving communications with the public and helping financial markets understand its monetary policy approach.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Credibility, Financial markets, Inflation targets, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments
• June 18, 2018

  Rebooting Reference Rates

  Remarks Lynn Patterson Investment Industry Association of Canada and Institute of International Finance Toronto, Ontario

  Deputy Governor Lynn Patterson discusses the efforts in multiple jurisdictions to strengthen LIBOR and similar benchmarks and work underway in Canada to consider a new risk-free benchmark for the Canadian dollar market.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Financial institutions, Financial markets, Financial system regulation and policies, Market structure and pricing
• June 13, 2018

  Bank of Canada partners with Creative Destruction Lab to deepen knowledge of new technologies

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that it will partner with the Creative Destruction Lab to deepen its knowledge of leading technologies.

  Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
• June 13, 2018

  Deputy Governor Sylvain Leduc to leave the Bank of Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Deputy Governor Sylvain Leduc will leave the Bank in late July 2018. Mr. Leduc will return to San Francisco with his family to resume working at the Federal Reserve Bank of San Francisco.

  Content Type(s): Press, Press releases