Monetary Policy Report – July 2018

Available as: PDF

Real GDP in Canada is expected to grow by 2.0 per cent in 2018, 2.2 per cent in 2019 and 1.9 per cent in 2020.

What you need to know about the Bank of Canada’s latest forecast in 60 seconds.

Bank of Canada raises overnight rate target to 1 ½ per cent

The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent.

Monetary Policy Report – Press Conference (Webcasts) – July 2018

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

Monetary Policy Report Press Conference Opening Statement

Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

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