December 15, 2016
Ottawa, Ontario
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December 15, 2016
Financial System Review - Press Conference (Webcasts) - December 2016
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins. (11:15 (ET) approx.).
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December 15, 2016
Risks to financial stability largely unchanged, household vulnerabilities remain key concern
The overall level of risk to Canada’s financial system remains largely unchanged from six months ago, the Bank of Canada said today in the Financial System Review (FSR). -
December 7, 2016
Bank of Canada maintains overnight rate target at 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. -
December 1, 2016
Bank of Canada announces details of forthcoming changes to its published foreign exchange rate data
The Bank of Canada today announced a final list of the 26 foreign currency exchange rates that it will continue to publish after 1 March 2017. -
November 25, 2016
Bank of Canada announces finalists for the second annual Governor’s Challenge
NOTE TO EDITORS: This press release has been revised to reflect the new date of the final round of The Governor’s Challenge, 4 February 2017.
The Bank of Canada announced the finalists for the 2016–17 edition of The Governor’s Challenge, a student competition in which teams simulate the role of advisor to the Bank’s Governing Council. -
November 24, 2016
#bankNOTEable Canadian woman will be revealed on 8 December, Bank of Canada publishes short list of five
On Thursday, 8 December 2016, the Minister of Finance and the Governor of the Bank of Canada will reveal which iconic Canadian woman will be featured on the next regularly circulating bank note, expected in 2018. -
October 24, 2016
Opening Statement before the House of Commons Standing Committee on Finance
Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today. It is our normal practice to appear before this committee twice a year to discuss the Bank’s Monetary Policy Report (MPR). We published our latest MPR last week and are happy to answer questions about […] -
October 24, 2016
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target
The Government of Canada and the Bank of Canada agreed that the inflation target will continue to be defined in terms of the 12-month rate of change in the total CPI, that it will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control range, and that the agreement will run for another five-year period, ending 31 December 2021. -
October 19, 2016
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published this morning. It has been six months almost to the day since we were last here, and several of the broad themes that […]