Press Releases

• March 23, 2017

  The Bank of Canada Releases Its Annual Report for 2016

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2016 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• March 15, 2017

  IMF Managing Director Welcomes Establishment of High Level Advisory Group on FinTech

  This press release, issued by the International Monetary Fund, announces the creation of the High Level Advisory Group on FinTech. Bank of Canada Senior Deputy Governor Carolyn A. Wilkins is among the members of the new advisory group.

  Content Type(s): Press, Press releases
• March 14, 2017

  Bank of Canada announces 2016-2017 scholarship recipients

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the winners of its Scholarship and Work Placement Program, which is designed to assist Indigenous students and students with disabilities in furthering their education.

  Content Type(s): Press, Press releases Source(s): Scholarship awards
• March 1, 2017

  Bank of Canada begins publishing new foreign exchange rate data

  Media Relations Ottawa, Ontario

  The Bank of Canada today began publishing new data on the foreign exchange (FX) rate for 26 currencies, intended for statistical, analytical and informational purposes only.

  Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
• March 1, 2017

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

  Content Type(s): Press, Press releases
• February 6, 2017

  Bank of Canada announces winners of the second edition of The Governor’s Challenge

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that the team from McGill University won the second annual Governor’s Challenge, a student competition in which teams simulate the role of advisor to the Bank’s policy-makers.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• January 31, 2017

  Building the next generation of economic models is a priority for the Bank of Canada, Governor Poloz says

  Media Relations Edmonton, Alberta

  Building the next generation of models that incorporate advances in economic knowledge and technology is a priority for the Bank of Canada, Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• January 18, 2017

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

  Content Type(s): Press, Press releases
• December 15, 2016

  Risks to financial stability largely unchanged, household vulnerabilities remain key concern

  Media Relations Ottawa, Ontario

  The overall level of risk to Canada’s financial system remains largely unchanged from six months ago, the Bank of Canada said today in the Financial System Review (FSR).

  Content Type(s): Press, Press releases
• December 12, 2016

  FSB Regional Consultative Group for the Americas discusses fintech, correspondent banking and regional vulnerabilities

  This press release, issued by the Financial Stability Board, announces that a regional consultative group co-chaired by Bank of Canada Senior Deputy Governor Carolyn A. Wilkins discussed the benefits and risks of fintech developments, including the implications of distributed ledger technology and peer-to-peer lending.

  Content Type(s): Press, Press releases