July 21, 2010 Fact sheet: Bank of Canada Celebrates 75 years Born in the worst years of the Great Depression, and guiding Canada's economy ever since, the Bank of Canada celebrates its 75th year starting on 11 March 2010. The Bank of Canada was created by an Act of Parliament to foster the economic and financial well-being of all Canadians and is considered the country's pre-eminent […]
April 5, 2021 Understanding how monetary policy works It takes time for our policy decisions to filter—or be transmitted—through the economy and financial system. Content Type(s): Explainers Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
June 1, 2022 Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. Content Type(s): Press, Press releases
October 12, 2015 Bank of Canada Focusing Research on Integrating Monetary Policy and Financial Stability, says Governor Poloz Media Relations Washington, D.C. The Bank of Canada is exploring the links between financial stability considerations and traditional central bank approaches to inflation targeting as part of its risk-management approach to achieving its monetary policy goals, Governor Stephen S. Poloz said today. As the Bank of Canada works toward renewing its inflation-targeting agreement with the federal government next year, […] Content Type(s): Press, Press releases
October 16, 2007 Bank of Canada keeps target for the overnight rate at 4 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 4 1/2 per cent. Content Type(s): Press, Press releases
November 18, 2002 Promoting Canada's Economic and Financial Welfare Remarks David Dodge Calgary Chamber of Commerce Calgary, Alberta It's been a difficult year for many sectors of the Alberta economy. Certainly, the severe drought hurt many western farmers, and investment in the energy sector was held back by low oil and gas prices. In addition, the slump in the telecom sector has affected Calgary. Content Type(s): Press, Speeches and appearances, Remarks
Assessing risks to oil prices through options markets Sparks at Bank article Harshbir Kaur, Eugene Trostin, Rishi Vala After the war in the Middle East began, futures markets hinted at how long oil prices could stay above their pre-war levels. Options on those futures further reveal how investors see the range and balance of risks around future oil prices—which helps central banks assess risks to inflation. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Financial markets and funds management, Market functioning, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission
May 16, 2018 The (Mostly) Long and Short of Potential Output Remarks Lawrence L. Schembri Ottawa Economics Association and CFA Society Ottawa Ottawa, Ontario Deputy Governor Lawrence Schembri discusses the importance of potential output to monetary policy, as well as policy challenges and opportunities in a world of low potential output growth. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation targeting framework
June 10, 2026 Bank of Canada maintains the policy rate at 2¼% Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Content Type(s): Press, Press releases
August 26, 2020 Closing remarks Remarks (delivered virtually) Carolyn A. Wilkins Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework” Ottawa, Ontario Senior Deputy Governor Carolyn A. Wilkins concluded a day-long workshop on the renewal of the monetary policy framework with a summary of the discussions, and she outlined next steps on the path to the 2021 renewal. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Monetary policy, Economic models, Inflation, Inflation targeting framework