December 12, 2016 FSB Regional Consultative Group for the Americas discusses fintech, correspondent banking and regional vulnerabilities This press release, issued by the Financial Stability Board, announces that a regional consultative group co-chaired by Bank of Canada Senior Deputy Governor Carolyn A. Wilkins discussed the benefits and risks of fintech developments, including the implications of distributed ledger technology and peer-to-peer lending. Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
December 8, 2016 Viola Desmond chosen as the Bank NOTE-able woman to be featured on new $10 bank note Media Relations Gatineau, Quebec Governor Stephen S. Poloz, Minister of Finance Bill Morneau and Minister of Status of Women Patty Hajdu today announced that Viola Desmond will be featured on a new $10 bank note, expected in late 2018. Content Type(s): Press, Press releases
December 8, 2016 Engaging Canadians: a #bankNOTEable process Remarks Stephen S. Poloz Canadian Museum of History Gatineau, Quebec Governor Poloz, with Ministers Morneau and Hadju, announces the #bankNOTEable woman. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Bank notes
December 7, 2016 Bank of Canada maintains overnight rate target at 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
December 1, 2016 Bank of Canada announces details of forthcoming changes to its published foreign exchange rate data Media Relations Ottawa, Ontario The Bank of Canada today announced a final list of the 26 foreign currency exchange rates that it will continue to publish after 1 March 2017. Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
November 28, 2016 Growth of the service sector is helping Canada’s economy return to full output, Governor Poloz says Media Relations Toronto, Ontario The rise of the service sector in the Canadian economy is a natural process that is leading to high-quality jobs and supporting the return of sustained economic growth, Bank of Canada Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases
November 28, 2016 From Hewers of Wood to Hewers of Code: Canada’s Expanding Service Economy Remarks Stephen S. Poloz C.D. Howe Institute Toronto, Ontario Governor Stephen S. Poloz discusses how growth in Canada’s service sector is leading to high-paying jobs and helping complete the economic recovery. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Central bank research, Economic models, Firm dynamics, Productivity, Recent economic and financial developments, Service sector