News

• May 8, 2019

  Deputy Governor Lynn Patterson to retire from the Bank of Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019.

  Content Type(s): Press, Press releases
• May 6, 2019

  Poloz talks mortgages: Innovation could improve flexibility

  Speech summary Stephen S. Poloz Canadian Credit Union Association and the Winnipeg Chamber of Commerce Winnipeg, Manitoba

  Stephen S. Poloz, Governor of the Bank of Canada, speaks before the Canadian Credit Union Association and the Winnipeg Chamber of Commerce.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Financial services, Financial stability, Housing, Recent economic and financial developments, Trade integration
• May 6, 2019

  Canada’s mortgage market should evolve to offer more choice with less risk, Bank of Canada Governor Poloz says

  Media Relations Winnipeg, Manitoba

  Canada’s mortgage market should evolve in a way that gives Canadians more choice and helps the economy be more flexible, while lowering the level of risk in the system, Bank of Canada Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• May 1, 2019

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce.

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Inflation and prices, Monetary policy, Monetary policy transmission, Recent economic and financial developments
• April 30, 2019

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Good morning, Mr. Chairman and committee members. Once again, Senior Deputy Governor Wilkins and I are pleased to be with you to talk about the Bank’s Monetary Policy Report (MPR), which we published last week. Six months ago, when we last appeared before this committee, we talked about some very positive developments. The Canadian economy […]

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Inflation and prices, Monetary policy, Monetary policy transmission, Recent economic and financial developments
• April 24, 2019

  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
• April 24, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.

  Content Type(s): Press, Press releases
• April 24, 2019

  Monetary Policy Report – April 2019

  

  The Bank’s new forecast calls for real economic growth of 1.2 per cent this year, 2.1 per cent next year and 2.0 per cent in 2021.

  Content Type(s): Publications, Monetary Policy Report
• April 15, 2019

  Business Outlook Survey—Spring 2019

  Results from the spring Business Outlook Survey point to a moderation from previously high levels of domestic and foreign demand for firms in most regions. Investment and employment intentions remain positive.

  Content Type(s): Publications, Business Outlook Survey
• April 15, 2019

  Senior Loan Officer Survey—First Quarter of 2019

  Overall household lending conditions were once again unchanged this quarter. Although business lending conditions were unchanged overall, some marginal price easing was driven by corporate lending conditions.

  Content Type(s): Publications, Senior Loan Officer Survey