News

• January 18, 2017

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz, Carolyn A. Wilkins 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 Research Topic(s): Fiscal policy, Inflation and prices, Monetary policy, Monetary policy and uncertainty, Potential output, Recent economic and financial developments
• January 18, 2017

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 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
• January 18, 2017

  Monetary Policy Report – January 2017

  

  The Canadian economy is expected to expand by 2.1 per cent this year and in 2018.

  Content Type(s): Publications, Monetary Policy Report
• January 9, 2017

  Business Outlook Survey - Winter 2016-17

  The results of the winter Business Outlook Survey indicate that business prospects have improved following two years of overall modest activity. The responses reflect building domestic demand, a supportive export outlook and an expected recovery in energy-related activity.

  Content Type(s): Publications, Business Outlook Survey
• January 9, 2017

  Senior Loan Officer Survey - Fourth-Quarter 2016

  Survey results suggest that overall business-lending conditions were essentially unchanged during the fourth quarter of 2016.

  Content Type(s): Publications, Senior Loan Officer Survey
• December 15, 2016

  Release of the Financial System Review

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Financial System Review.

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Credit and credit aggregates, Financial stability, Financial system regulation and policies, Housing, Regional economic developments, Sectoral balance sheet
• December 15, 2016

  Risks to financial stability largely unchanged, household vulnerabilities remain key concern

  Media Relations Ottawa, Ontario

  The overall level of risk to Canada’s financial system remains largely unchanged from six months ago, the Bank of Canada said today in the Financial System Review (FSR).

  Content Type(s): Press, Press releases
• December 15, 2016

  Financial System Review - December 2016

  

  This issue of the Financial System Review reflects the Bank’s judgment that the overall level of risk to Canada’s financial system remains largely unchanged from six months ago. The Bank continues to highlight two key vulnerabilities related to Canadian households: high levels of indebtedness and housing market imbalances. A third ongoing vulnerability is the potential for fragility in fixed-income market liquidity.

  Content Type(s): Publications, Financial Stability Report
• December 8, 2016

  Viola Desmond chosen as the Bank NOTE-able woman to be featured on new $10 bank note

  Media Relations Gatineau, Quebec

  Governor Stephen S. Poloz, Minister of Finance Bill Morneau and Minister of Status of Women Patty Hajdu today announced that Viola Desmond will be featured on a new $10 bank note, expected in late 2018.

  Content Type(s): Press, Press releases
• December 8, 2016

  Engaging Canadians: a #bankNOTEable process

  Remarks Stephen S. Poloz Canadian Museum of History Gatineau, Quebec

  Governor Poloz, with Ministers Morneau and Hadju, announces the #bankNOTEable woman.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Bank notes