December 13, 2012 Bank of Canada Announces Extension of Swap Facilities in coordination with other central banks The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing an extension of the existing temporary U.S. dollar liquidity swap arrangements to 1 February 2014. Previously, these swap arrangements had been authorized to 1 February 2013. Content Type(s): Press, Market notices
May 1, 2020 Statement by Tiff Macklem on his announcement as New Governor Opening statement Tiff Macklem Ottawa, Ontario Governor-designate Tiff Macklem applauds Stephen Poloz’s leadership of the Bank and explains how much he looks forward to returning to the Bank as its next Governor. Content Type(s): Press, Speeches and appearances, Opening statements
May 13, 2026 AI is knocking: Canada’s next productivity story Remarks Michelle Alexopoulos Ottawa Economics Association—Canadian Association for Business Economics Spring Policy Conference Ottawa, Ontario External Deputy Governor Michelle Alexopoulos discusses what we know so far about AI adoption, and what it could mean for productivity and labour markets in Canada. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation
April 4, 2023 Deputy Governor Paul Beaudry to leave the Bank of Canada Media Relations Ottawa, Ontario The Bank of Canada announced today that Deputy Governor Paul Beaudry will leave the Bank at the end of July 2023. Mr. Beaudry will return to his academic position at the University of British Columbia. Content Type(s): Press, Press releases
September 18, 2013 Bank of Canada Governor Stephen S. Poloz Discusses Canada’s Return to Natural Economic Growth Media Relations Vancouver, British Columbia Canada’s economy is moving toward the self-generating, self-sustaining growth it needs to normalize, and business investment will become increasingly solid as companies become more confident, Bank of Canada Governor Stephen S. Poloz said today in a speech in Vancouver. “Evidence suggests we are now close to the tipping point from improving confidence into expanding capacity,” […] Content Type(s): Press, Press releases
December 16, 2009 Current Issues in Household Finances Remarks Mark Carney The National Forum (Canadian Club of Toronto and Empire Club of Canada) As the holiday season approaches, our attention turns naturally to the home front. Accordingly, my comments this afternoon will focus on households. I would like to concentrate in particular on the implications of Canadian household finances for financial stability in our country. Content Type(s): Press, Speeches and appearances, Remarks
July 17, 2001 Bank of Canada lowers key policy interest rate by 1/4 percentage point to 4 1/4 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 4 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 4 1/2 per cent. Content Type(s): Press, Press releases
November 6, 2024 Finding balance in the mortgage market Speech summary Carolyn Rogers Economic Club of Canada Toronto, Ontario Senior Deputy Governor Carolyn Rogers talks about Canada’s mortgage market and how it has evolved over time. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
January 24, 2024 Bank of Canada maintains policy rate, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. Content Type(s): Press, Press releases