Press Releases

Bank of Canada Announces Appointment of Special Adviser

The Bank of Canada today announced the appointment of Evan W. Siddall as Special Adviser to the Governor.

Prolonged Period of Deleveraging Ahead, Says Bank of Canada Governor Mark Carney

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining 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.

Canada’s Inflation-Targeting Regime Enhances Economic Well-Being of Canadians, Says Bank of Canada Governor Mark Carney

Bank of Canada Issues $100 Bill – First Canadian Polymer Bank Note

Bank of Canada Releases Background Information on Renewal of the Inflation-Control Target

The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which summarizes the key elements of Canada's inflation-targeting framework.

Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target

The primary objective of Canada's monetary policy is to enhance the well-being of Canadians by contributing to sustained economic growth, rising levels of employment and improved living standards.

Global Liquidity Is Having a Major Impact on Financial Stability and Economic Growth, Says Bank of Canada Governor Mark Carney

Bank of Canada Governor Mark Carney Appointed Chairman of Financial Stability Board

Bank of Canada Governor Mark Carney has been named Chairman of the Financial Stability Board (FSB).

Bank of Canada Announces Appointment of Special Adviser

The Bank of Canada today announced the appointment of David T. Beers as Special Adviser to the Governor. Mr. Beers, who is currently Global Head, Sovereign and International Public Finance Ratings at Standard & Poor’s, will serve for an 18-month term, beginning on 1 February 2012.

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining 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.

Financial System Reform Initiatives Mark Real Progress, Says Mark Carney, Governor of the Bank of Canada

Global Economic Environment Presents Significant Challenges and Opportunities for Canada

Recent changes in the global economic environment present both significant challenges and opportunities for Canada, Governor Mark Carney said in a speech to the Saint John Board of Trade.

Bank of Canada Calls for Nominations for the 2012 Fellowship and Governor’s Awards

The Bank of Canada calls for nominations for the 2012 Fellowship and Governor’s Awards.

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining 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.

Bank of Canada Announces the Recipient of Its 2011 Law Enforcement Award of Excellence for Counterfeit Deterrence

The Bank of Canada announces that the recipient of its 2011 Law Enforcement Award of Excellence for Counterfeit Deterrence is the RCMP Integrated Counterfeit Enforcement Team in Surrey, British Columbia.

Bank of Canada Releases 2012 Schedule for Policy Interest Rate Announcements and Monetary Policy Report Releases

The Bank of Canada today released its 2012 schedule of eight dates for announcing decisions on its key policy interest rate and four dates for the release of its Monetary Policy Report. The Bank also confirmed the announcement dates for the remainder of this year.

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining 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.

Bank of Canada Unveils Polymer Bank Note Series: Celebrating Canada’s Achievements at the Frontiers of Innovation

The Bank of Canada unveiled a new polymer bank note series today at its head office in Ottawa. Information on the polymer material and advanced new security features was released, along with the images and designs of the soon-to-be-issued $100 and $50 bank notes.

Moderation Expected in Housing Market, Says Bank of Canada Governor Mark Carney

The Bank of Canada anticipates moderation in the Canadian housing market, says Governor Mark Carney in a speech to the Vancouver Board of Trade.

The Bank of Canada Releases Its Annual Report for 2010

The Bank of Canada’s Annual Report for 2010 was tabled in the House of Commons today.

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining 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.

Canada Is Adjusting to Global Economic Transformation, Says Bank of Canada Governor Mark Carney

While Canada’s economy remains relatively well positioned, it is being buffeted by a significant transformation of the global economy, which is driven by a combination of secular trends and cyclical forces, Bank of Canada Governor Mark Carney said.

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining 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.

Bank of Canada Announces Recipients of 2011 Fellowship and Governor’s Awards

The Bank of Canada today announced that Professors Randall K. Morck of the University of Alberta and Gregor W. Smith of Queen’s University are the recipients of the Bank’s Fellowship Award for 2011.

Bank of Canada Governor Mark Carney discusses Challenges Posed by Globalization, Proposes Global Code of Conduct for Capital Flows

Speaking at the Annual Meeting of the Inter-American Development Bank, Bank of Canada Governor Mark Carney called on global policymakers to work towards renewing the “rules of the game” of the international monetary system, while implementing short-term measures, such as a code of conduct for capital flows, to improve the functioning of the current system.

Statement of G7 Finance Ministers and Central Bank Governors

We, the G7 Finance Ministers and central bank governors, discussed the recent dramatic events in Japan and were briefed by our Japanese colleagues on the current situation and the economic and financial response put in place by the authorities.

Bank of Canada Announces Further Details on New Series of Polymer Bank Notes

The Bank of Canada today announced that it will begin circulating a new $100 polymer bank note in November 2011, with a polymer $50 note to follow in March 2012. The Bank also provided further technical and background information about the new bank notes.

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining 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.

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining 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.