June 12, 2014 Release of the Financial System Review Opening statement Stephen S. Poloz Ottawa, Ontario Press conference following the release of the Financial System Review. Content Type(s): Press, Speeches and appearances, Opening statements
June 12, 2014 Bank of Canada’s enhanced financial stability framework shows system is robust, housing vulnerabilities remain Media Relations Ottawa, Ontario The Bank of Canada today unveiled an enhanced framework to gauge the evolving risks to financial stability in its semi-annual Financial System Review (FSR), finding that the Canadian financial system is robust but still faces significant vulnerabilities. “After weighing the risks to financial stability through our improved framework, our level of comfort as policy makers […] Content Type(s): Press, Press releases
June 9, 2014 Survey of Foreign Exchange Rates Published by the Bank of Canada As part of broader international official sector work to review the design of foreign exchange (FX) reference rates, and the way market participants use them, the Bank of Canada is undertaking a review of the market practices relating to the indicative FX rates published on the Bank of Canada’s website. Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
June 4, 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
May 15, 2014 Double Coincidence of Needs: Pension Funds and Financial Stability Remarks Lawrence L. Schembri Pension Investment Association of Canada Québec, Québec Deputy Governor Lawrence Schembri discusses pension funds and financial stability. Content Type(s): Press, Speeches and appearances, Remarks
April 30, 2014 Opening Statement before the Senate Standing Committee on Banking, Trade and Commerce Opening statement Stephen S. Poloz Senate Standing Committee on Banking, Trade and Commerce Ottawa, Ontario Thank you for the opportunity for Tiff and me to be here today to share with you highlights from the Bank of Canada’s recent economic outlook. The Bank aims to communicate openly and effectively so that Canadians know how we are achieving our mandate to promote the economic and financial welfare of this country. One […] Content Type(s): Press, Speeches and appearances, Opening statements
April 30, 2014 Bank of Canada announces appointment of Lynn Patterson as Deputy Governor Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced the appointment of Lynn K. Patterson as Deputy Governor effective 5 May 2014. Content Type(s): Press, Press releases
April 29, 2014 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Thank you for the opportunity for Tiff and me to be here today to share with you highlights from the Bank of Canada’s recent economic outlook. The Bank aims to communicate openly and effectively so that Canadians know how we are achieving our mandate to promote the economic and financial welfare of this country. One […] Content Type(s): Press, Speeches and appearances, Opening statements