March 27, 2015
The Bank of Canada Releases Its Annual Report for 2014
The Bank of Canada’s Annual Report for 2014 was tabled in the House of Commons today.
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March 26, 2015
Financial volatility a natural consequence of monetary policy normalization, says Bank of Canada Governor Stephen S. Poloz
The recent rise in financial market volatility reflects a global economy that is beginning the process of getting back to normal, Bank of Canada Governor Stephen S. Poloz said on Thursday. In a speech to the Canada-United Kingdom Chamber of Commerce, Governor Poloz discussed the recent rise in financial market volatility and low long-term bond […]
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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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February 10, 2015
Economy Has Room to Grow, Says Senior Deputy Governor Carolyn Wilkins
The Canadian economy still has room to grow, and the sharp drop in oil prices is a setback, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Ottawa today, adding that monetary policy will support the needed adjustments. As the Bank assesses the underlying inflation pressures in the Canadian economy, it is critical that […]
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