October 17, 2006 Bank of Canada keeps target for the overnight rate at 4 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. Content Type(s): Press, Press releases
May 11, 2000 Release of the Monetary Policy Report Opening statement Gordon Thiessen This morning we released our latest Monetary Policy Report. The outlook that we see for Canadian economic growth and inflation is very positive. The economy has outperformed expectations since our November Report and the underlying trend of inflation has been lower than expected. With the global economy gaining momentum and greater demand at home, we […] Content Type(s): Press, Speeches and appearances, Opening statements
Why asking rents have surged in Canada since 2021 Sparks at Bank article Benjamin Straus Renting has become significantly more expensive in Canada in recent years. Asking rents—those advertised for vacant units—rose sharply as demand grew faster than supply. As tenants move and sign new leases, changes in asking rents gradually spread to the average rents captured in the consumer price index. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting, Structural challenges, Demographics and labour supply
October 20, 2005 Release of the Monetary Policy Report Opening statement David Dodge In the report, we said that the global and Canadian economies have continued to grow at a solid pace, and our economy now appears to be operating at full production capacity. Past and recent movements in energy prices and in the exchange rate for the Canadian dollar, along with competitive pressures from China and other newly industrialized economies, are giving rise to significant ongoing adjustments in the Canadian economy. Content Type(s): Press, Speeches and appearances, Opening statements
March 12, 2003 Sound Economic Policies Help Meet Global Challenges, Governor Says Media Relations London, United Kingdom The best way to promote sustained economic growth is to stick to an economic policy framework that has proven its worth, Bank of Canada Governor David Dodge said today. Content Type(s): Press, Press releases
September 23, 2009 Promoting Canada's economic and financial well-being Remarks David Longworth Greater Summerside Chamber of Commerce Summerside, Prince Edward Island The Bank's mandate is to promote Canada's economic and financial well-being. Clearly, this is an important mandate, and we are determined to demonstrate excellence as we work to fulfill it. Content Type(s): Press, Speeches and appearances, Remarks
January 16, 2006 Business Outlook Survey - Winter 2005-06 The results of this survey are broadly similar to those of the autumn survey, with firms in aggregate remaining optimistic about the economic outlook. Content Type(s): Publications, Business Outlook Survey
December 5, 2000 Bank of Canada keeps Bank Rate at 6 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining the Bank Rate at 6 per cent. The operating band for the overnight rate is unchanged, and the Bank’s target for the overnight rate remains at 5 3/4 per cent. Content Type(s): Press, Press releases
July 15, 2015 Bank of Canada lowers overnight rate target to 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 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
July 30, 2013 Research Update - July 2013 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters