May 31, 2019 In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government recently decided to remove legal tender status from some older bank notes as of January 1, 2021.
May 29, 2019 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.
May 8, 2019 The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019.
May 6, 2019
Canada’s mortgage market should evolve to offer more choice with less risk, Bank of Canada Governor Poloz saysCanada’s mortgage market should evolve in a way that gives Canadians more choice and helps the economy be more flexible, while lowering the level of risk in the system, Bank of Canada Governor Stephen S. Poloz said today.
May 2, 2019
Central Banks of Canada and Singapore conduct successful experiment for cross-border payments using Distributed Ledger TechnologyThis joint press release highlights the findings of the Jasper-Ubin experiment on cross-border, cross-currency payments using distributed ledger technology (DLT).
April 24, 2019 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.
April 4, 2019 The Bank of Canada’s Annual Report for 2018 was tabled in the House of Commons today.
April 1, 2019 Canada’s economy can build on its traditional strengths by taking advantage of export opportunities in rapidly growing service sectors to overcome the current challenging environment, Bank of Canada Governor Stephen S. Poloz said today.
March 27, 2019 The Bank of Canada today announced that it has joined the Central Banks’ and Supervisors’ Network for Greening the Financial System (NGFS).
March 14, 2019 Global debt is now US$100 trillion higher than just before the financial crisis and more than three times global gross domestic product (GDP), presenting a headwind to growth and making the financial system vulnerable, Senior Deputy Governor Carolyn A. Wilkins said today.