May 29, 2019 The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
May 8, 2019 The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019.
May 6, 2019
Canada’s mortgage market should evolve to offer more choice with less risk, Bank of Canada Governor Poloz saysCanada’s mortgage market should evolve in a way that gives Canadians more choice and helps the economy be more flexible, while lowering the level of risk in the system, Bank of Canada Governor Stephen S. Poloz said today.
May 2, 2019
Central Banks of Canada and Singapore conduct successful experiment for cross-border payments using Distributed Ledger TechnologyThis joint press release highlights the findings of the Jasper-Ubin experiment on cross-border, cross-currency payments using distributed ledger technology (DLT).