March 26, 2015
Central Bank Credibility and Policy Normalization
Governor Poloz discusses the recent rise in financial market volatility and low long-term borrowing costs, and what they both mean for central bank credibility.
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March 25, 2015
Promoting Canada’s economic and financial well-being
Deputy Governor Timothy Lane discusses the core responsibilities of the Bank and the economic outlook.
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March 12, 2015
Opening Statement before the House of Commons Standing Committee on Finance
Rhys Mendes discusses the impact of lower oil prices on the Canadian economy, in general, and on the manufacturing industry, in particular.
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March 4, 2015
Bank of Canada maintains overnight rate target at 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.
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February 24, 2015
Inflation Control Must Consider Financial Stability Concerns, Says Governor Stephen S. Poloz
Policymakers should heed history’s lessons as they reinvent central banking in the aftermath of the Great Recession, Bank of Canada Governor Stephen S. Poloz said today. In the inaugural President’s Lecture at Western University, the Governor discussed the evolution of central bank policy and the need to promote both price and financial stability. Many central […]
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