December 12, 2019
Inflation-target renewal, impact of technology highlight Bank of Canada’s 2020 work plan, Governor Poloz saysWork toward renewing Canada’s inflation-targeting framework and understanding the impact of digital technology highlight a packed agenda for the Bank of Canada in 2020, Governor Stephen S. Poloz said today.
December 6, 2019 The Board of Directors of the Bank of Canada announced today that Governor Stephen S. Poloz has informed them that he will not seek a second term as Governor when his seven-year term expires on June 2, 2020.
December 4, 2019 The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.