Monetary Policy Report - April 2014

Available as: PDF

Economic growth in Canada is expected to average about 2 1/2 per cent in 2014 and 2015 before easing to around the 2 per cent growth rate of the economy’s potential in 2016. 

MPR Summary - April 2014

Release of the Monetary Policy Report

Press conference following the release of the Monetary Policy Report.

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.

Monetary Policy Report - Press Conference (Video) - April 2014

Release of the Monetary Policy Report - (Videocast) Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Tiff Macklem.

Monetary Policy Report - Press Conference (Audio) - April 2014

Release of the Monetary Policy Report - (Audiocast) Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Tiff Macklem.