News

• December 12, 2013

  Monetary Policy an Exercise in Risk Management, Says Bank of Canada Governor Stephen S. Poloz

  Media Relations Montréal, Quebec

  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 […]

  Content Type(s): Press, Press releases
• December 12, 2013

  Monetary Policy as Risk Management

  Remarks Stephen S. Poloz Canadian Club of Montreal Montréal, Quebec

  Governor Stephen S. Poloz discusses how recent experience is leading to a progressive redefinition of central banking.

  Content Type(s): Press, Speeches and appearances, Remarks
• December 10, 2013

  Financial System Review - December 2013

  

  There have been positive developments in the global financial system since the June Financial System Review, in part reflecting some encouraging signs about the global economy. At the same time, significant vulnerabilities remain. The Governing Council judges that the overall risk to the stability of Canada’s financial system has decreased from “high” to “elevated” over the past six months.

  Content Type(s): Publications, Financial Stability Report
• December 5, 2013

  Senior Deputy Governor Tiff Macklem will leave the Bank in May 2014

  Media Relations Ottawa, Ontario

  Senior Deputy Governor Tiff Macklem has announced that he will resign from the Bank of Canada next spring to become Dean of University of Toronto’s Rotman School of Management.

  Content Type(s): Press, Press releases
• December 4, 2013

  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 20, 2013

  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

  Thank you for the opportunity for Tiff and me to be with you today to discuss the October Monetary Policy Report, which the Bank published recently. The Bank aims to communicate our objectives openly and effectively and to stand accountable for our actions before Canadians. One of the best ways to do this is through […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• November 19, 2013

  Price Puzzles and the Exchange Rate

  Remarks John Murray Mount Allison University Sackville, New Brunswick

  In his speech, Price Puzzles and the Exchange Rate, Deputy Governor John Murray discusses the exchange rate pass-through and how it affects prices of goods and services in Canada.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 18, 2013

  Risk Management and Financial Reform

  Remarks Tiff Macklem Autorité des marchés financiers Montréal, Quebec

  Senior Deputy Governor Tiff Macklem discusses risk management and global financial reform.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 14, 2013

  Bank of Canada Review - Autumn 2013

  

  The three articles in this issue provide an overview of the monetary policy decision-making process at the Bank of Canada, a discussion of Bank research on the assessment of vulnerabilities in the financial system and a description of recent fragmentation in Canadian equity markets.

  Content Type(s): Publications, Bank of Canada Review
• November 7, 2013

  Bank of Canada Issues $5 and $10 Polymer Bank Notes

  Media Relations Ottawa, Ontario

  The Bank of Canada has announced the entry into circulation of the new $5 and $10 polymer bank notes. Starting today, these final two notes in the new polymer Frontiers series will be available at financial institutions across Canada.

  Content Type(s): Press, Press releases Topic(s): Bank notes