News

• November 3, 2014

  Bank of Canada Policy Appropriate in the Face of Uncertainty, Says Governor Stephen S. Poloz

  Media Relations Toronto, Ontario

  The Bank of Canada’s monetary policy is appropriate to return Canadian inflation to its 2 per cent target as worldwide economic uncertainty lingers, Governor Stephen S. Poloz said today in Toronto. The global economy is facing significant headwinds that could restrain growth for a prolonged period, including efforts by households and financial institutions to reduce their debt and those by governments to […]

  Content Type(s): Press, Press releases
• November 3, 2014

  The Legacy of the Financial Crisis: What we know, and what we don’t

  Remarks Stephen S. Poloz The Canadian Council for Public-Private Partnerships (CCPPP) Toronto, Ontario

  Bank of Canada Governor Stephen S. Poloz discusses the legacy of the financial crisis, what we know and what we don’t.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 29, 2014

  Opening Statement before the Senate Standing Committee on Banking, Trade and Commerce

  Opening statement Stephen S. Poloz Senate Standing Committee on Banking, Trade and Commerce Ottawa, Ontario

  Good afternoon, 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
• October 24, 2014

  Notice: Senate Committee Appearance Rescheduled

  Bank of Canada Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins will appear before the Senate Standing Committee on Banking, Trade and Commerce on Wednesday, 29 October 2014 at 16:15 (ET).

  Content Type(s): Press, Announcements
• October 22, 2014

  Notice: Senate committee appearance cancelled

  Bank of Canada Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins will not appear on Thursday before the Senate Committee on Banking, Trade and Commerce, as previously scheduled.

  Content Type(s): Press, Announcements
• October 22, 2014

  Notice: Parliamentary Appearance Cancelled

  Bank of Canada Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins will not appear today before the House of Commons Standing Committee on Finance, as previously scheduled.

  Content Type(s): Press, Announcements
• October 22, 2014

  Release of the Monetary Policy Report

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Opening statement of Press conference that was to follow the release of the Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 22, 2014

  Notice: Press Conference Cancelled

  In light of this morning’s incident in downtown Ottawa, the Bank of Canada is cancelling its press conference on the October Monetary Policy Report. The Governor’s Opening Statement will be published on the Bank’s website at 11:15 AM today. We will provide more details as soon as they become available.

  Content Type(s): Press, Announcements
• October 22, 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
• October 22, 2014

  Monetary Policy Report – October 2014

  

  Real GDP growth is projected to average around 2 1/2 per cent over the next year before slowing to around 2 per cent in 2016.

  Content Type(s): Publications, Monetary Policy Report