February 7, 2014
Flexible Inflation Targeting and “Good” and “Bad” Disinflation
Senior Deputy Governor Tiff Macklem discusses flexible inflation targeting and “good” and “bad” disinflation.
News
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February 7, 2014
Symmetrical, Flexible Inflation Target Continues to Serve Canadians Well, Says Bank of Canada Senior Deputy Governor Tiff Macklem
The Bank of Canada’s flexible inflation target has served Canada well in both tranquil and turbulent times and remains the right policy framework to address the current economic environment of persistently weak inflation, Senior Deputy Governor Tiff Macklem said today in a lecture at Concordia University’s John Molson School of Business in Montréal. “Inflation targeting […] -
February 4, 2014
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Line Rivard as Special Adviser to the Governor on Financial System. -
January 22, 2014
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
January 22, 2014
Bank of Canada maintains overnight rate target at 1 per cent
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. -
January 22, 2014
Monetary Policy Report – January 2014
The Canadian economy is estimated to have grown by 1.8 per cent in 2013, and is projected to grow by 2.5 per cent in both 2014 and 2015, gradually returning to its full production capacity over the next two years. -
January 13, 2014
Business Outlook Survey - Winter 2013-14
The winter Business Outlook Survey provides some positive signs for the economic outlook, notably for exports and investment, although responses do not yet appear to suggest a significant strengthening. For many businesses, weak demand and domestic uncertainty continue to temper sales expectations and expansion plans. -
January 13, 2014
Senior Loan Officer Survey - Fourth-Quarter 2013
The survey, conducted between 9 and 16 December, pointed to a continued slight easing in overall business-lending conditions during the fourth quarter of 2013. -
December 23, 2013
Deputy Governor John Murray to Retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor John Murray will retire on 30 April 2014. -
December 12, 2013
Monetary Policy an Exercise in Risk Management, Says Bank of Canada Governor Stephen S. Poloz
The financial crisis and the considerable uncertainty that has ensued are leading to a progressive redefinition of central banking, Bank of Canada Governor Stephen S. Poloz said today in a speech to the Canadian Club of Montréal. “We assess how risks could interact with each other. We gauge their potential impact. And we use judgment […]