Press Releases

• September 22, 2014

  Underwhelming Recovery Poses Challenges for Monetary Policy, Says Bank of Canada Senior Deputy Governor Carolyn Wilkins

  Media Relations Toronto, Ontario

  The underwhelming recovery from the global financial crisis has challenged policy-makers to better understand the factors weighing on growth and to deal with greater uncertainty, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Toronto today. To conduct monetary policy, the Bank needs to assess how much of the slow growth is due to […]

  Content Type(s): Press, Press releases
• September 19, 2014

  Bank of Canada Calls for Nominations for the 2015 Fellowship and Governor’s Awards

  Media Relations Ottawa, Ontario

  This program fosters excellence in research in Canada, and develops partnerships with experts outside of the Bank.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• September 16, 2014

  Floating Loonie Essential to the Bank of Canada’s Inflation-Targeting Regime, Says Governor Stephen S. Poloz

  Media Relations Drummondville, Quebec

  The Bank of Canada's commitment to keep inflation low and stable requires that the value of the Canadian dollar be determined by markets, Bank of Canada Governor Stephen S. Poloz said today in Drummondville. The Bank of Canada fosters strong, sustainable economic growth by aiming to keep inflation at the 2 per cent midpoint of […]

  Content Type(s): Press, Press releases
• September 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