October 22, 2014 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario 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. Content Type(s): Press, Press releases
October 21, 2014 Operational Test of Standing Central Bank Swap Arrangements As part of an exercise to test the operational readiness of existing standing swap arrangements with other central banks, the Bank of Canada will conduct a small-value Canadian-dollar operation with the European Central Bank, drawing euros against Canadian dollars. Content Type(s): Press, Market notices
October 10, 2014 Bank of Canada publishes a discussion paper authored by Governor Stephen S. Poloz Stephen S. Poloz, Governor of the Bank of Canada, has authored a discussion paper entitled “Integrating Uncertainty and Monetary Policy-Making: A Practitioner’s Perspective.” The paper explains how central bankers are supplementing economic models and adopting a risk-management approach to integrate uncertainty in their policy decisions. Content Type(s): Press, Announcements
October 8, 2014 Bank of Canada invites Canadians to comment on bank note design principles Media Relations Ottawa, Ontario The Bank of Canada announced that it is inviting Canadians to comment on the principles that guide the design of the country’s bank notes. Content Type(s): Press, Press releases Research Topic(s): Bank notes
September 30, 2014 Promoting Canada’s economic and financial well-being Presentation Agathe Côté Chambre de commerce et de l’industrie de Saguenay Saguenay, Québec Deputy Governor Agathe Côté will discuss the four main responsibilities of the Bank and its economic outlook. Content Type(s): Press, Speeches and appearances, Presentations
September 24, 2014 Are We There Yet? The United States and Canada After the Global Financial Crisis Remarks Timothy Lane Carleton University Ottawa, Ontario Deputy Governor Timothy Lane discusses how the economic ties between Canada and the United States are evolving as the recovery from the 2008-09 financial crisis continues. Content Type(s): Press, Speeches and appearances, Remarks
September 22, 2014 Underwhelming Recovery Poses Challenges for Monetary Policy, Says Bank of Canada Senior Deputy Governor Carolyn Wilkins Media Relations Toronto, Ontario The underwhelming recovery from the global financial crisis has challenged policy-makers to better understand the factors weighing on growth and to deal with greater uncertainty, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Toronto today. To conduct monetary policy, the Bank needs to assess how much of the slow growth is due to […] Content Type(s): Press, Press releases
September 22, 2014 Monetary Policy and the Underwhelming Recovery Remarks Carolyn A. Wilkins CFA Society Toronto Toronto, Ontario Senior Deputy Governor Carolyn Wilkins discusses the structural and cyclical factors underlying the underwhelming economic recovery and the implications for monetary policy. Content Type(s): Press, Speeches and appearances, Remarks
September 19, 2014 Bank of Canada Calls for Nominations for the 2015 Fellowship and Governor’s Awards Media Relations Ottawa, Ontario This program fosters excellence in research in Canada, and develops partnerships with experts outside of the Bank. Content Type(s): Press, Press releases Source(s): Fellowship Program