November 3, 2008 Bank of Canada announces senior appointments in new internal structure Media Relations Ottawa, Ontario In order to hone its focus on a safe and sound financial system, reinforce research, and streamline management processes, the Bank of Canada has realigned responsibilities and made a series of senior appointments to lead its work in monetary policy, financial stability, management of the Government of Canada's funds, and Canadian bank notes. Content Type(s): Press, Press releases
April 16, 2002 Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 1/2 per cent. Content Type(s): Press, Press releases
February 20, 2002 Bank of Canada Governor reviews Canada's experience with inflation targets and a flexible exchange rate Media Relations New York, New York In a speech to the Canadian Society of New York, Bank of Canada Governor David Dodge said today that Canada's monetary policy framework, based on an explicit inflation-control target and a flexible exchange rate, "has contributed importantly to putting the Canadian economy back on the right path to longer-term prosperity." Content Type(s): Press, Press releases
October 31, 2016 Research Update - October 2016 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
March 31, 2015 Release of the 2014 Annual Report on Bank of Canada Oversight Activities The Bank of Canada today published the 2014 annual report on its oversight of payment, clearing and settlement systems, which are also known as financial market infrastructures or FMIs. Content Type(s): Press, Market notices
February 21, 2019 Monetary policy brings benefits—but has limits Speech summary Stephen S. Poloz Montréal, Quebec In his first speech of 2019, Governor Stephen S. Poloz explains that monetary policy is a powerful tool to promote our economic welfare. But he also notes that it has some key limits that need to be better understood in the face of uncertainty. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Inflation, Inflation targeting framework
June 7, 2023 Bank of Canada raises policy rate 25 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. Content Type(s): Press, Press releases
November 23, 2015 Process for selecting a Deputy Governor of the Bank of Canada Further to the 26 October 2015 announcement that Deputy Governor Agathe Côté will retire at the end of January 2016, the process to appoint her successor has been initiated. The Board of Directors has formed a selection committee to conduct the search and selection process, with the assistance of global executive recruiting firm Boyden. Content Type(s): Press, Announcements