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Monetary Policy Report – January 2016

Monetary Policy Report - January 2016
Available as: PDF

Growth in Canada’s economy is expected to reach 1.4 per cent this year and accelerate to 2.4 per cent in 2017.

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.

Monetary Policy Report Press Conference Opening Statement

Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

Monetary Policy Report - Press Conference (Video) - January 2016

Release of the Monetary Policy Report - (Videocast) Press conference by Governor Stephen S. Poloz. (11:15 (ET) approx.).

Monetary Policy Report - Press Conference (Audio) - January 2016

Release of the Monetary Policy Report - (Audiocast) Press conference by Governor Stephen S. Poloz. (11:15 (ET) approx.).