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Monetary Policy Report – July 2016

Monetary Policy Report - July 2016
Available as: PDF

Canadian economic growth is projected to accelerate from 1.3 per cent this year to 2.2 per cent in 2017.

Monetary Policy Report - Press Conference (Webcast) - July 2016

Release of the Monetary Policy Report - Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins. (11:15 (ET) approx.).

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

Senior Deputy Governor Carolyn Wilkins discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.