June 27, 2014
A Dual Vision for the Canadian Payments System
Deputy Governor Lawrence Schembri calls for a collaborative approach to achieving a payments system that is innovative, safe, and efficient.
Upcoming events, Press
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June 12, 2014
Release of the Financial System Review
Press conference following the release of the Financial System Review. -
June 12, 2014
Bank of Canada’s enhanced financial stability framework shows system is robust, housing vulnerabilities remain
The Bank of Canada today unveiled an enhanced framework to gauge the evolving risks to financial stability in its semi-annual Financial System Review (FSR), finding that the Canadian financial system is robust but still faces significant vulnerabilities. “After weighing the risks to financial stability through our improved framework, our level of comfort as policy makers […] -
June 9, 2014
Survey of Foreign Exchange Rates Published by the Bank of Canada
As part of broader international official sector work to review the design of foreign exchange (FX) reference rates, and the way market participants use them, the Bank of Canada is undertaking a review of the market practices relating to the indicative FX rates published on the Bank of Canada’s website. -
June 4, 2014
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.