Press releases

Some Canadian sectors and regions are hot and some are not, but all will ultimately reap the benefits of the country’s rich resource endowment, even as some difficult adjustments take place, Bank of Canada Governor Stephen S. Poloz said today in Saskatoon. Canada has been adjusting to two major economic shocks in recent years, Governor […]

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 the recipient of the Bank’s Fellowship Award and Governor's Award for 2014.

The Bank of Canada’s Annual Report for 2013 was tabled in the House of Commons.

Demographic forces and the hangover from the global financial crisis together are putting limits on economic growth, Bank of Canada Governor Stephen S. Poloz said today in Halifax. “A period of subdued growth after a financial crisis can still be regarded as cyclical, in the sense that it will eventually prove to be temporary,” Governor […]

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.