Press Releases

• December 12, 2019

  Inflation-target renewal, impact of technology highlight Bank of Canada’s 2020 work plan, Governor Poloz says

  Media Relations Toronto, Ontario

  Work 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.

  Content Type(s): Press, Press releases
• December 6, 2019

  Bank of Canada Governor Stephen S. Poloz to step down in June 2020

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• December 4, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• November 28, 2019

  Bank of Canada announces finalists for the fifth annual Governor’s Challenge

  Media Relations Ottawa, Ontario

  The Bank of Canada has announced the five finalist teams in the 2019-20 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• November 19, 2019

  Canada’s financial system is resilient amid global uncertainty, Senior Deputy Governor Wilkins says

  Media Relations Montréal, Quebec

  The Canadian financial system and economy are in good shape to deal with whatever storms might arise from a weakening global context, Senior Deputy Governor Carolyn A. Wilkins said today.

  Content Type(s): Press, Press releases
• October 30, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• October 24, 2019

  New exhibition, Luck and Lore, opens at the Bank of Canada Museum

  Media Relations Ottawa, Ontario

  The Bank of Canada Museum is inviting Ottawa residents and visitors to come see its new exhibition.

  Content Type(s): Press, Press releases
• September 19, 2019

  Bank of Canada announces Deputy Governor and Special Advisor appointments

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Toni Gravelle as Deputy Governor, effective October 1, 2019. The Bank also today announced that Mark Hardisty will join the Bank as Special Advisor to the Governor for a two-year term beginning November 6, 2019.

  Content Type(s): Press, Press releases
• September 16, 2019

  Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in Canada during April 2019

  Media Relations Ottawa, Ontario

  During the month of April, the Bank of Canada and 51 other central banks and monetary authorities conducted the latest survey of turnover activity in the foreign exchange and over-the-counter (OTC) derivatives markets in their respective countries. This worldwide effort was coordinated by the Bank for International Settlements (BIS) and is undertaken every three years.

  Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
• September 4, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases