News

• February 23, 2016

  Bank of Canada Announces Deputy Governor Appointment

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Sylvain Leduc as Deputy Governor, effective 2 May 2016.

  Content Type(s): Press, Press releases
• February 16, 2016

  Bank of Canada Announces Future Changes to its Published Foreign Exchange Rate Data

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that, effective 1 March 2017, it will make a series of changes to the number, frequency and calculation methodology of its published foreign exchange rates.

  Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
• February 16, 2016

  Bank of Canada announces winners of The Governor’s Challenge student competition

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the winners of The Governor’s Challenge, a new 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
• February 12, 2016

  Bank of Canada Announces 2016 Scholarship Recipients

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the inaugural winners of its student Scholarship and Work Placement Program.

  Content Type(s): Press, Press releases Source(s): Scholarship awards
• February 8, 2016

  Monetary Policy and Financial Stability—Looking for the Right Tools

  Remarks Timothy Lane HEC Montréal Montréal, Quebec

  Deputy Governor Tim Lane discusses the links between monetary policy and financial stability.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economic models, Inflation, Inflation targeting framework
• February 3, 2016

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

  Opening statement Stephen Murchison Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario

  Stephen Murchison discusses the causes and economic impact of movements in the Canadian dollar exchange rate.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 20, 2016

  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 Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
• January 20, 2016

  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 20, 2016

  Monetary Policy Report – January 2016

  

  Growth in Canada’s economy is expected to reach 1.4 per cent this year and accelerate to 2.4 per cent in 2017.

  Content Type(s): Publications, Monetary Policy Report
• January 11, 2016

  Business Outlook Survey - Winter 2015-16

  Overall, responses to the winter Business Outlook Survey indicate that business sentiment has deteriorated as the negative effects of the commodity price shock continue to unfold and spread beyond the resource sector. However, exporters not directly affected by lower commodity prices continue to benefit from strong U.S. demand and the weak Canadian dollar.

  Content Type(s): Publications, Business Outlook Survey