May 30, 2018 The Bank of Canada today maintained its target for the overnight rate at 1¼ per cent. The Bank Rate is correspondingly 1½ per cent and the deposit rate is 1 per cent.
May 11, 2018
Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 Demonstrate Feasibility of Instantaneous Equity Settlement through Distributed Ledger TechnologyThis joint press release describes the preliminary findings of the third phase of the Project Jasper research initiative.
May 1, 2018 Elevated household debts make the Canadian economy more vulnerable to events that could affect growth and financial stability, and the Bank of Canada’s cautious approach to monetary policy is helping manage the risks, Governor Stephen S. Poloz said today. In a speech to the Yellowknife Chamber of Commerce, Governor Poloz said that high household debt […]