News

• August 16, 2016

  Bank of Canada recognizes Saskatoon Police Service with Counterfeit Deterrence award

  Media Relations Ottawa, Ontario

  This award, which has been presented since 2004, recognizes the outstanding achievements of criminal justice professionals and educators involved in the prevention and deterrence of bank note counterfeiting in Canada.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• July 26, 2016

  Bank of Canada publishes 2017 schedule for policy interest rate announcements and release of the Monetary Policy Report

  Media Relations Ottawa, Ontario

  The Bank of Canada today published its 2017 schedule of the key dates for policy interest rate announcements and release of the quarterly Monetary Policy Report, and it reconfirmed the scheduled announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 13, 2016

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Carolyn A. Wilkins, Stephen S. Poloz Ottawa, Ontario

  Senior Deputy Governor Carolyn Wilkins 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 Topic(s): Exchange rates, Inflation and prices, Interest rates, Monetary policy, Recent economic and financial developments, Regional economic developments
• July 13, 2016

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

  Content Type(s): Press, Press releases
• July 13, 2016

  Monetary Policy Report – July 2016

  

  Canadian economic growth is projected to accelerate from 1.3 per cent this year to 2.2 per cent in 2017.

  Content Type(s): Publications, Monetary Policy Report
• July 4, 2016

  Business Outlook Survey - Summer 2016

  The summer Business Outlook Survey indicates that overall business sentiment is subdued. The boost from foreign demand remains insufficient to outweigh the continued drag from commodity-related activity combined with modest domestic demand.

  Content Type(s): Publications, Business Outlook Survey
• July 4, 2016

  Senior Loan Officer Survey - Second-Quarter 2016

  Survey results suggest that overall business-lending conditions continued to tighten during the second quarter of 2016 for both price and non-price conditions.

  Content Type(s): Publications, Senior Loan Officer Survey
• June 24, 2016

  Statement of G7 Finance Ministers and Central Bank Governors

  Media Relations

  We, G7 Ministers and Governors, respect the intention expressed today by the people of the United Kingdom to exit from the European Union. We are monitoring market developments following the outcome of the referendum on the UK’s membership of the EU.

  Content Type(s): Press, Press releases
• June 17, 2016

  Unlocking fintech’s promise requires collaboration, says Senior Deputy Governor Wilkins

  Media Relations Calgary, Alberta

  Technological innovation in financial services could transform the financial system, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today. But realizing the benefits of fintech, while guarding against the risks it could create, requires strong collaboration among actors in the financial system.

  Content Type(s): Press, Press releases
• June 17, 2016

  Fintech and the Financial Ecosystem: Evolution or Revolution?

  Remarks Carolyn A. Wilkins Payments Canada Calgary, Alberta

  Senior Deputy Governor Carolyn Wilkins calls for the public and private sectors to work closely together to realize fintech’s full benefits and minimize its risks.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Digital currencies and fintech, Financial institutions, Financial services, Financial stability, Financial system regulation and policies, Payment clearing and settlement systems