June 4, 2016
News
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The Doug Purvis Memorial Lecture—Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message
In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability. -
June 2, 2016
Two-Track Adjustment: The Outlook for the Canadian Economy
Deputy Governor Lawrence Schembri discusses the Bank of Canada’s mandate and responsibilities and the outlook for the Canadian economy -
May 26, 2016
Bank of Canada announces appointment of Advisor in New York Office
The Bank of Canada today announced the appointment of Sheryl King as Advisor to the Governor, effective 5 July 2016. Ms. King will represent the Bank in its New York Office. -
May 25, 2016
Bank of Canada maintains overnight rate target at 1/2 per cent
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. -
May 16, 2016
Bank of Canada Review - Spring 2016
This issue focuses on the upcoming renewal of Canada’s inflation-control target. Bank researchers discuss the estimate of the lower bound to policy interest rates in Canada. They also discuss downward nominal wage rigidity and whether its presence warrants considering a higher inflation target. The third article highlights the experience some international central banks have had with unconventional monetary policies. The final article describes monetary policy frameworks in 10 advanced economies. -
May 6, 2016
Stress Prevention: Central Banks and Financial Stability
Deputy Governor Lawrence Schembri discusses central banks and the maintenance of financial stability. -
May 2, 2016
Bank of Canada designates Automated Clearing Settlement System under the Payment Clearing and Settlement Act
The Governor of the Bank of Canada has designated, effective 2 May 2016, the Automated Clearing Settlement System (ACSS) for oversight under the Payment Clearing and Settlement Act (PCSA) as a clearing and settlement system that has the potential to pose payments system risk. -
April 29, 2016
Independent Advisory Council announces candidates for the 2018 bank note featuring an iconic Canadian woman
The Bank of Canada today announced that the 2018 bank note independent Advisory Council has narrowed to 12 names the list of iconic Canadian women who could be featured on the first bank note of the next series. -
April 26, 2016
Slowing global trade growth signals new balance point, Governor Poloz says
The slowdown in international trade growth seen over the past few years suggests that global exports have reached a new balance point and this weakness is not a sign of impending trouble, Bank of Canada Governor Stephen S. Poloz said today. In a speech to a meeting of Canadian and US securities industry associations in […]