February 18, 2020 Bank of Canada to begin publishing Canadian Overnight Repo Rate Average in June Media Relations Ottawa, Ontario The Bank of Canada will take over the responsibility for publishing the Canadian Overnight Repo Rate Average (CORRA), effective Monday, June 15, 2020. Content Type(s): Press, Press releases Source(s): Canadian Alternative Reference Rate Working Group
February 10, 2020 University of British Columbia crowned National Champion of The Governor’s Challenge Media Relations Ottawa, Ontario The University of British Columbia has won the Bank of Canada’s fifth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Press releases Source(s): The Governor's Challenge
January 29, 2020 Bank of Canada launches public consultation for new $5 bank note Media Relations Ottawa, Ontario Minister of Finance Bill Morneau and Governor Stephen S. Poloz today announced that the Bank of Canada is launching public consultations to select an iconic Canadian to appear on the next $5 bank note. Content Type(s): Press, Press releases
January 22, 2020 Monetary Policy Report Press Conference Opening Statement Opening statement Stephen S. Poloz Ottawa, Ontario Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements
January 22, 2020 Bank of Canada maintains overnight rate target at 1 ¾ percent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. Content Type(s): Press, Press releases
December 6, 2019 Bank of Canada Governor Stephen S. Poloz to step down in June 2020 Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada announced today that Governor Stephen S. Poloz has informed them that he will not seek a second term as Governor when his seven-year term expires on June 2, 2020. Content Type(s): Press, Press releases
December 5, 2019 Economic Progress Report: Charting Our Own Course Remarks Timothy Lane Ottawa Board of Trade Ottawa, Ontario Deputy Governor Timothy Lane talks about the different monetary policy paths taken by Canada and the United States over the last decade and reviews the Bank of Canada’s latest interest rate decision. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Monetary policy, Monetary policy framework, Recent economic and financial developments