News

• July 15, 2015

  Release of the Monetary Policy Report

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Interest rates, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Regional economic developments
• July 15, 2015

  Bank of Canada lowers overnight rate target to 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 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 15, 2015

  Monetary Policy Report – July 2015

  

  Economic growth in Canada is projected to average just over 1 per cent in 2015 and about 2 1/2 per cent in 2016 and 2017.

  Content Type(s): Publications, Monetary Policy Report
• July 6, 2015

  Business Outlook Survey - Summer 2015

  The summer Business Outlook Survey points to a diverging outlook across regions. While there are some encouraging signs, owing in part to strengthening U.S. demand, weak oil prices continue to significantly dampen economic perspectives in affected sectors and regions.

  Content Type(s): Publications, Business Outlook Survey
• July 6, 2015

  Senior Loan Officer Survey - Second-Quarter 2015

  The survey results suggest that, overall, business-lending conditions were broadly unchanged during the second quarter of 2015.

  Content Type(s): Publications, Senior Loan Officer Survey
• June 25, 2015

  Building Trust, Not Walls: The Case for Cross-Border Financial Integration

  Remarks Lawrence L. Schembri Windsor–Essex Regional Chamber of Commerce Windsor, Ontario

  Deputy Governor Lawrence Schembri discusses the need to address cross-border obstacles to greater financial integration.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Financial institutions, Financial markets, Financial stability, Financial system regulation and policies, International financial markets, International topics
• June 11, 2015

  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 11, 2015

  Bank of Canada says risk to financial stability is slightly higher, but system is more resilient

  Media Relations Ottawa, Ontario

  The overall risk to financial stability in Canada has risen in the face of lower oil prices, but the resilience of the system continues to improve, the Bank of Canada said today as it released its biannualFinancial System Review (FSR). The FSR is intended to raise awareness of the key vulnerabilities, possible triggers and risks […]

  Content Type(s): Press, Press releases
• June 11, 2015

  Financial System Review - June 2015

  

  The Reports section of the Financial System Review examines selected issues of relevance to the Canadian and global financial systems. The June 2015 issue features two reports summarizing recent work by Bank of Canada staff on specific financial sector policies.

  Content Type(s): Publications, Financial Stability Report
• June 8, 2015

  Panel remarks for round table discussion at the 21st Conference of Montréal

  Remarks Carolyn A. Wilkins 21st Conference of Montréal: International Economic Forum of the Americas Montréal, Quebec

  Introduction Thank you for the invitation to be here today. I’m honoured to be part of this panel. It’s been more than seven years since the global financial crisis began, and we’re still coping with its aftermath. One of the consequences of the crisis has been a disruption of financial globalization. Global capital flows—to give […]

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Credit risk management, Financial markets, Financial stability, Financial system regulation and policies, International financial markets, International topics