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4 May 2017 Canada and Mexico both set to capitalize on current opportunities, Bank of Canada Governor Poloz says

Canada and Mexico share economic traits that leave both well placed to face global challenges and capitalize on opportunities, Bank of Canada Governor Stephen S. Poloz said today.
Content Type(s): Press, Press Releases

18 April 2017 Embrace automation and manage its side effects, says Senior Deputy Governor Wilkins

Automation, artificial intelligence and other innovations will benefit the Canadian economy by boosting productivity and living standards, but they could also have less desirable side effects on the labour market and income distribution that will have to be managed, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins said today.
Content Type(s): Press, Press Releases

12 April 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.
Content Type(s): Press, Press Releases

7 April 2017 Bank of Canada unveils commemorative bank note to celebrate Canada’s 150th anniversary of Confederation

Bank of Canada Governor Stephen S. Poloz and Parliamentary Secretary to the Minister of Finance Ginette Petitpas Taylor today unveiled a commemorative $10 bank note celebrating the 150th anniversary of Confederation.
Content Type(s): Press, Press Releases

30 March 2017 Bank of Canada announces recipients of 2017 Fellowship and Governor’s awards

The Bank of Canada is pleased to announce that Professor Francisco Ruge-Murcia from McGill University is the 2017 recipient of the Bank’s Fellowship Award.
Content Type(s): Press, Press Releases

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