June 4, 2016 Monetary/fiscal policy mix has implications for debt and financial stability, Governor Poloz says Media Relations Ottawa, Ontario In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability. Content Type(s): Press, Press releases
June 4, 2016 Monetary/Fiscal Policy Mix and Financial Stability: The Medium Term Is Still the Message Lecture Stephen S. Poloz Canadian Economics Association Ottawa, Ontario Governor Stephen S. Poloz discusses how the mix of monetary and fiscal policies in an economy has important implications for debt levels and financial stability over the medium term. Content Type(s): Press, Speeches and appearances, Lectures
June 3, 2016 Policy Guidance on the Bank of Canada’s Risk-Management Standards for Systemic Financial Market Infrastructures The Bank of Canada today published final supplementary guidance related to its Risk-Management Standards for Systemic Financial Market Infrastructures (FMIs) following a public consultation process. Content Type(s): Press, Market notices
June 2, 2016 Maturity Dates and Target Range Sizes for 3-Year Bonds Earlier this year, the Government of Canada announced the reintroduction of 3-year bonds as part of the Debt Management Strategy for 2016-17, with issuance details for this sector to be made public following consultation with market participants. Content Type(s): Press, Market notices
June 2, 2016 Two-Track Adjustment: The Outlook for the Canadian Economy Presentation Lawrence L. Schembri Tourism Industry Association of Nova Scotia and Cape Breton Partnership Sydney, Nova Scotia Deputy Governor Lawrence Schembri discusses the Bank of Canada’s mandate and responsibilities and the outlook for the Canadian economy Content Type(s): Press, Speeches and appearances, Presentations
May 26, 2016 Bank of Canada announces appointment of Advisor in New York Office Media Relations Ottawa, Ontario The Bank of Canada today announced the appointment of Sheryl King as Advisor to the Governor, effective 5 July 2016. Ms. King will represent the Bank in its New York Office. Content Type(s): Press, Press releases
May 25, 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
May 6, 2016 Stress Prevention: Central Banks and Financial Stability Remarks Lawrence L. Schembri Joint Workshop: Bank of Canada, International Monetary Fund, Centre for International Governance Innovation, and Peterson Institute for International Economics Ottawa, Ontario Deputy Governor Lawrence Schembri discusses central banks and the maintenance of financial stability. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth
May 5, 2016 Release of the 2015 Bank of Canada FMI Oversight Activities Annual Report The Bank of Canada today published the 2015 annual report on its oversight of payment, clearing and settlement systems, which are also known as financial market infrastructures or FMIs. Content Type(s): Press, Market notices
May 2, 2016 Bank of Canada designates Automated Clearing Settlement System under the Payment Clearing and Settlement Act Media Relations Ottawa, Ontario The Governor of the Bank of Canada has designated, effective 2 May 2016, the Automated Clearing Settlement System (ACSS) for oversight under the Payment Clearing and Settlement Act (PCSA) as a clearing and settlement system that has the potential to pose payments system risk. Content Type(s): Press, Press releases