News

• December 5, 2014

  Bank of Canada invites Canadians to propose design ideas for a bank note marking Canada’s 150th anniversary

  Media Relations Ottawa, Ontario

  The Bank of Canada is inviting Canadians to propose ideas for the design of a new bank note to celebrate the 150th anniversary of Confederation in 2017.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• December 3, 2014

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

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

  Content Type(s): Press, Press releases
• November 18, 2014

  Inflation Targeting in the Post-Crisis Era

  Remarks Agathe Côté Calgary CFA Society Calgary, Alberta

  Deputy Governor Agathe Côté discusses the inflation-targeting framework and issues the Bank is researching in the run-up to the renewal of the framework in 2016.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 13, 2014

  Bank of Canada is Keeping a Close Eye on E-Money, Says Senior Deputy Governor Carolyn Wilkins

  Media Relations Waterloo, Ontario

  The Bank of Canada is keeping a close eye on the risks posed by new forms of electronic money, given that the Bank’s job is to issue currency, promote financial stability and oversee Canada’s payment systems, Senior Deputy Governor Carolyn Wilkins said today in Waterloo, Ontario. E-money is electronically-stored value that is not linked to […]

  Content Type(s): Press, Press releases
• November 13, 2014

  Money in a Digital World

  Remarks Carolyn A. Wilkins Wilfrid Laurier University Waterloo, Ontario

  Senior Deputy Governor Carolyn Wilkins discusses the benefits and risks of e-money - including cryptocurrencies - and the Bank of Canada’s role.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Digital currencies and fintech
• November 13, 2014

  Bank of Canada Review - Autumn 2014

  

  In this issue, Bank staff discuss recent developments in experimental macroeconomics, research results on price-level and unemployment thresholds in forward guidance, and the spillover effects of quantitative easing in advance economies. Articles also explore the competitiveness strategies of Canadian firms as well as their use of financial derivatives.

  Content Type(s): Publications, Bank of Canada Review
• November 12, 2014

  Promoting Canada’s Economic and Financial Well-being

  Presentation Lawrence L. Schembri Greater Summerside Chamber of Commerce Summerside, Prince Edward Island

  Deputy Governor Lawrence Schembri discusses the core responsibilities of the Bank and the economic outlook.

  Content Type(s): Press, Speeches and appearances, Presentations
• November 8, 2014

  Bank of Canada announces signing of reciprocal 3-year Canadian- dollar/renminbi bilateral swap arrangement

  Ottawa, Ontario

  The reciprocal currency swap arrangement is part of the initiative announced today by the Government of Canada to promote increased trade and investment between Canada and China.

  Content Type(s): Press, Press releases
• November 4, 2014

  Article by Bank of Canada Deputy Governor Lawrence Schembri

  Lawrence Schembri, Deputy Governor of the Bank of Canada contributed an article entitled “Housing Finance in Canada: Looking Back to Move Forward” to the National Institute Economic Review.

  Content Type(s): Press, Announcements
• November 4, 2014

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Good morning, Mr. Chairman and committee members. I am pleased to introduce you to Carolyn Wilkins, who assumed the post of Senior Deputy Governor of the Bank of Canada on 2 May of this year. Before we take your questions, let me give you some of the highlights of the economic outlook. I’ll draw mainly […]

  Content Type(s): Press, Speeches and appearances, Opening statements