News

• July 12, 2017

  Bank of Canada increases overnight rate target to 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada is raising its target for the overnight rate to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.

  Content Type(s): Press, Press releases
• July 12, 2017

  Monetary Policy Report – July 2017

  

  Growth in the Canadian economy is projected to reach 2.8 per cent this year before slowing to 2.0 per cent next year and 1.6 per cent in 2019.

  Content Type(s): Publications, Monetary Policy Report
• June 30, 2017

  Business Outlook Survey - Summer 2017

  Responses to the summer Business Outlook Survey suggest that business activity is continuing to gain momentum, buoyed by indications that domestic demand will improve further. Positive business prospects are increasingly widespread across regions and sectors.

  Content Type(s): Publications, Business Outlook Survey
• June 30, 2017

  Senior Loan Officer Survey - Second Quarter of 2017

  Survey results for 2017Q2 suggest that overall business-lending conditions were essentially unchanged for the fourth consecutive quarter.

  Content Type(s): Publications, Senior Loan Officer Survey
• June 28, 2017

  Markets Calling: Intelligence Gathering at the Bank of Canada

  Remarks Lynn Patterson CFA Society Calgary Calgary, Alberta

  Deputy Governor Lynn Patterson discusses how the Bank gathers financial market intelligence and what it is learning.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Asset pricing, Credit and credit aggregates, Financial markets, Financial system regulation and policies, Monetary and financial indicators, Recent economic and financial developments
• June 20, 2017

  Governor Poloz unveils new Bank of Canada Museum ahead of public opening on July 1, 2017

  Media Relations Ottawa, Ontario

  Governor Stephen S. Poloz today welcomed special guests from the government, business and the tourism sectors for a preview of the Bank of Canada Museum, which is opening soon.

  Content Type(s): Press, Press releases
• June 12, 2017

  Canadian economy showing encouraging signs, says Senior Deputy Governor Wilkins

  Media Relations Winnipeg, Manitoba

  With the adjustment to lower oil prices largely behind us, there are encouraging signs that growth is broadening across regions and sectors, Senior Deputy Governor Carolyn A. Wilkins told the Associates of the Asper School of Business in a speech today.

  Content Type(s): Press, Press releases
• June 12, 2017

  Canadian Economic Update: Strength in Diversity

  Remarks Carolyn A. Wilkins The Associates of the Asper School of Business Winnipeg, Manitoba

  Senior Deputy Governor Carolyn A. Wilkins talks about encouraging signs that growth is broadening across Canada’s regions and sectors.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Inflation and prices, Labour markets, Monetary policy, Recent economic and financial developments, Regional economic developments, Sectoral balance sheet
• June 8, 2017

  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 stability, Financial system regulation and policies, Housing, Regional economic developments, Sectoral balance sheet
• June 8, 2017

  Household vulnerabilities have moved higher, but the financial system remains resilient

  Media Relations Ottawa, Ontario

  Household indebtedness and housing market imbalances—the most important vulnerabilities for the Canadian financial system—have moved higher over the past six months, the Bank of Canada said today in its Financial System Review (FSR).

  Content Type(s): Press, Press releases