News

• April 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, Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments
• April 15, 2015

  Bank of Canada maintains overnight rate target at 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 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
• April 15, 2015

  Monetary Policy Report – April 2015

  

  Real GDP in Canada is expected to grow by 1.9 per cent in 2015 and 2.5 per cent in 2016 and by 2.0 per cent in 2017.

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

  Business Outlook Survey - Spring 2015

  In the spring Business Outlook Survey, lower oil prices continue to dampen the overall sales outlook of firms, weighing on investment and hiring intentions. However, a majority of businesses are benefiting from the strong economic outlook in the United States and the boost in competitiveness from the weaker Canadian dollar.

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

  Senior Loan Officer Survey - First-Quarter 2015

  The survey results indicate that, overall, business-lending conditions were broadly unchanged during the first quarter of 2015, but tightened for the oil and gas sector.”

  Content Type(s): Publications, Senior Loan Officer Survey
• March 30, 2015

  Bank of Canada Announces Recipient of 2015 Governor’s Award

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that Professor Matilde Bombardini of the University of British Columbia’s Vancouver School of Economics is the recipient of the Governor’s Award for 2015.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• March 27, 2015

  Annual Report 2014

  

  In 2014, inflation remained very close to target, the economy grew at a reasonable pace and there was no material increase in financial stability risks. Nonetheless, the economy still struggled against significant global headwinds. The 2014 Annual Report highlights the Bank of Canada’s key activities and achievements over the year, including a message from Governor Stephen S. Poloz, Management’s Discussion and Analysis, and the 2014 Financial Statements.

  Content Type(s): Publications, Annual Report
• March 27, 2015

  The Bank of Canada Releases Its Annual Report for 2014

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2014 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• March 26, 2015

  Financial volatility a natural consequence of monetary policy normalization, says Bank of Canada Governor Stephen S. Poloz

  Media Relations London, United Kingdom

  The recent rise in financial market volatility reflects a global economy that is beginning the process of getting back to normal, Bank of Canada Governor Stephen S. Poloz said on Thursday. In a speech to the Canada-United Kingdom Chamber of Commerce, Governor Poloz discussed the recent rise in financial market volatility and low long-term bond […]

  Content Type(s): Press, Press releases
• March 26, 2015

  Central Bank Credibility and Policy Normalization

  Remarks Stephen S. Poloz Canada-United Kingdom Chamber of Commerce London, United Kingdom

  Governor Poloz discusses the recent rise in financial market volatility and low long-term borrowing costs, and what they both mean for central bank credibility.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Credibility, Financial stability, Inflation targets, Interest rates, Monetary policy, Monetary policy implementation