March 1, 2017 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
February 21, 2017 The Potential for FinTech to Transform the Financial System in Canada Remarks Carolyn A. Wilkins Ottawa, Ontario Comments to the Competition Bureau of Canada. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Currency, Digital currency, Financial system, Financial markets, Financial stability, Fintech
February 9, 2017 Getting to the Core of Inflation Remarks Lawrence L. Schembri Department of Economics, Western University London, Ontario Deputy Governor Lawrence Schembri discusses the uses and measures of core inflation in the conduct of monetary policy. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economic models, Inflation, Inflation targeting framework
February 6, 2017 Bank of Canada announces winners of the second edition of The Governor’s Challenge Media Relations Ottawa, Ontario The Bank of Canada today announced that the team from McGill University won the second annual Governor’s Challenge, a student competition in which teams simulate the role of advisor to the Bank’s policy-makers. Content Type(s): Press, Press releases Source(s): The Governor's Challenge
February 3, 2017 Bank of Canada Announces a Reduction to the Minimum Amount of Government of Canada Nominal Bonds it Acquires at Auction The Bank of Canada announced today that it is decreasing its minimum purchase amount of nominal bonds at auctions to 14 per cent from the current 15 per cent level, effective immediately. Content Type(s): Press, Market notices
January 31, 2017 Building the next generation of economic models is a priority for the Bank of Canada, Governor Poloz says Media Relations Edmonton, Alberta Building the next generation of models that incorporate advances in economic knowledge and technology is a priority for the Bank of Canada, Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases
January 31, 2017 Models and the Art and Science of Making Monetary Policy Remarks Stephen S. Poloz University of Alberta School of Business Edmonton, Alberta Governor Stephen S. Poloz discusses the evolution of economic models and the need for central bankers to apply judgment in using them. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation targeting framework