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December 6, 2017 Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today maintained 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 29, 2017 Bank of Canada announces finalists for the third annual Governor’s Challenge

The Bank of Canada today announced the finalists for the 2017–18 edition of The Governor’s Challenge, a competition in which university students simulate the role of advisor to the Bank’s Governing Council.
Content Type(s): Press, Press Releases

November 28, 2017 Release of the Financial System Review

Opening Statement Stephen S. Poloz Ottawa, Ontario
Press conference following the release of the Financial System Review.
Content Type(s): Press, Speeches

November 28, 2017 Vulnerabilities in the Canadian financial system remain elevated, but elements for improvement are emerging

The high level of household indebtedness and housing market imbalances remain the most important vulnerabilities identified by the Bank of Canada in its Financial System Review (FSR), published today. While these vulnerabilities are still elevated, improving economic conditions and recent changes to housing policy should support an easing of these vulnerabilities over time.
Content Type(s): Press, Press Releases

November 28, 2017 Financial System Review - November 2017

Financial System Review - November 2017
This issue of the Financial System Review reflects the Bank’s judgment that the high level of household indebtedness and housing market imbalances remain the most important vulnerabilities. While these vulnerabilities are still elevated, improving economic conditions and recent changes to housing policy should support an easing of these vulnerabilities over time. A third vulnerability highlighted in the FSR concerns cyber threats and the interconnectedness of the financial system.

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Schedule of Key Interest Rate Announcements and Monetary Policy Report

Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.


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