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15 April 2015 Release of the Monetary Policy Report

Opening Statement Stephen S. Poloz Ottawa, Ontario
Press conference following the release of the Monetary Policy Report.
Content Type(s): Press, Speeches

15 April 2015 Bank of Canada maintains overnight rate target at 3/4 per cent

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.
Content Type(s): Press, Press Releases

15 April 2015 Monetary Policy Report - April 2015

Monetary Policy Report - April 2015
Real GDP in Canada is expected to grow by 1.9 per cent in 2015 and 2.5 per cent in 2016 and by 2.0 per cent in 2017.

6 April 2015 Business Outlook Survey - Spring 2015

In the spring Business Outlook Survey, lower oil prices continue to dampen the overall sales outlook of firms, weighing on investment and hiring intentions. However, a majority of businesses are benefiting from the strong economic outlook in the United States and the boost in competitiveness from the weaker Canadian dollar.

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CAD-USD Noon Rate

CAD-USD Noon Rate - Past 3 months

2015-04-24: 1 CAD = 0.8220 USD

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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