November 3, 2017 Statement on the Nomination of a New Federal Reserve ChairThe Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System.
October 25, 2017 Bank of Canada maintains overnight rate target at 1 per centThe Bank of Canada today maintained 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.
September 27, 2017 Monetary policy data dependent given unknowns in inflation outlook, Bank of Canada Governor Poloz saysThe Bank of Canada’s approach to monetary policy has become particularly data dependent, because of significant unknowns around the inflation outlook as the Canadian economy nears its potential, Governor Stephen S. Poloz said today.
The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2018 Fellowship and Governor’s awards.
September 6, 2017 Bank of Canada increases overnight rate target to 1 per centThe Bank of Canada is raising its target for the overnight rate to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
July 26, 2017 Bank of Canada publishes its 2018 schedule for policy interest rate announcements and the release of the Monetary Policy ReportThe Bank of Canada today published its 2018 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.
July 19, 2017 Bank of Canada recognizes RCMP’s Integrated Counterfeit Enforcement Team with Award of Excellence for Counterfeit DeterrenceThe Bank of Canada today presented the Royal Canadian Mounted Police’s Integrated Counterfeit Enforcement Team (ICET), C Division (Quebec), with the 2017 Law Enforcement Award of Excellence for Counterfeit Deterrence.
The Bank of Canada is raising its target for the overnight rate to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.
June 20, 2017 Governor Poloz unveils new Bank of Canada Museum ahead of public opening on July 1, 2017Governor Stephen S. Poloz today welcomed special guests from the government, business and the tourism sectors for a preview of the Bank of Canada Museum, which is opening soon.
With the adjustment to lower oil prices largely behind us, there are encouraging signs that growth is broadening across regions and sectors, Senior Deputy Governor Carolyn A. Wilkins told the Associates of the Asper School of Business in a speech today.