March 7, 2019
Spending shifts and consumer caution
Speaking a day after we decided to hold interest rates unchanged, Deputy Governor Lynn Patterson discussed the key points Governing Council considered in their decision.
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March 6, 2019
Bank of Canada maintains overnight rate target at 1 ¾ per cent
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.
Content Type(s):
Press,
Press releases
February 21, 2019
Monetary policy brings benefits—but has limits
In his first speech of 2019, Governor Stephen S. Poloz explains that monetary policy is a powerful tool to promote our economic welfare. But he also notes that it has some key limits that need to be better understood in the face of uncertainty.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Subject(s):
Financial system,
Financial stability,
Monetary policy,
Inflation,
Inflation targeting framework
February 19, 2019
Wilfrid Laurier University crowned National Champion of The Governor’s Challenge
Wilfrid Laurier University has won the Bank of Canada’s fourth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.
Content Type(s):
Press,
Press releases
Source(s):
The Governor's Challenge
February 6, 2019
Taking Precautions: The Canadian Approach to Foreign Reserves Management
Deputy Governor Timothy Lane discusses how Canada manages its foreign exchange reserves.
Content Type(s):
Press,
Speeches and appearances,
Remarks
Subject(s):
Financial system,
Financial markets,
Financial stability,
Funds management