February 3, 2016
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Stephen Murchison discusses the causes and economic impact of movements in the Canadian dollar exchange rate.
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January 20, 2016
Monetary Policy Report Press Conference Opening Statement
Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
Research Topic(s):
Inflation and prices,
Interest rates,
Monetary policy,
Monetary policy implementation,
Recent economic and financial developments,
Regional economic developments
January 20, 2016
Bank of Canada maintains overnight rate target at 1/2 per cent
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
January 20, 2016
Monetary Policy Report – January 2016
Growth in Canada’s economy is expected to reach 1.4 per cent this year and accelerate to 2.4 per cent in 2017.
Content Type(s):
Publications,
Monetary Policy Report
January 11, 2016
Business Outlook Survey - Winter 2015-16
Overall, responses to the winter Business Outlook Survey indicate that business sentiment has deteriorated as the negative effects of the commodity price shock continue to unfold and spread beyond the resource sector. However, exporters not directly affected by lower commodity prices continue to benefit from strong U.S. demand and the weak Canadian dollar.
Content Type(s):
Publications,
Business Outlook Survey