Press releases

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

The Board of Directors of the Bank of Canada today announced the appointment of Lynn K. Patterson as Deputy Governor effective 5 May 2014.

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

The Board of Directors of the Bank of Canada today announced that Carolyn Wilkins has been appointed Senior Deputy Governor for a term of seven years beginning 2 May 2014.

The Bank of Canada today announced that Filipe Dinis has been appointed Chief Operating Officer (COO), effective 5 May 2014.

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent.

The Bank of Canada’s flexible inflation target has served Canada well in both tranquil and turbulent times and remains the right policy framework to address the current economic environment of persistently weak inflation, Senior Deputy Governor Tiff Macklem said today in a lecture at Concordia University’s John Molson School of Business in Montréal. “Inflation targeting […]

The Bank of Canada today announced the appointment of Line Rivard as Special Adviser to the Governor on Financial System.

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

Senior Deputy Governor Tiff Macklem has announced that he will resign from the Bank of Canada next spring to become Dean of University of Toronto’s Rotman School of Management.