Monetary Policy Report - July 2015

Monetary Policy Report - July 2015
Available as: PDF

Economic growth in Canada is projected to average just over 1 per cent in 2015 and about 2 1/2 per cent in 2016 and 2017.

MPR Summary - July 2015 

Release of the Monetary Policy Report

Press conference following the release of the Monetary Policy Report.

Bank of Canada lowers overnight rate target to 1/2 per cent

The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

Monetary Policy Report - Press Conference (Video) - July 2015

Release of the Monetary Policy Report - (Videocast) Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins. (11:15 (ET) approx.).

Monetary Policy Report - Press Conference (Audio) - July 2015

Release of the Monetary Policy Report - (Audiocast) Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins. (11:15 (ET) approx.).