News

• February 17, 2015

  Opening Statement before the Standing Committee on Finance

  Opening statement Paul Chilcott Standing Committee on Finance

  Paul Chilcott discusses the Bank’s work to support the development of renminbi activity in Canada.

  Content Type(s): Press, Speeches and appearances, Opening statements
• February 10, 2015

  Economy Has Room to Grow, Says Senior Deputy Governor Carolyn Wilkins

  Media Relations Ottawa, Ontario

  The Canadian economy still has room to grow, and the sharp drop in oil prices is a setback, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Ottawa today, adding that monetary policy will support the needed adjustments. As the Bank assesses the underlying inflation pressures in the Canadian economy, it is critical that […]

  Content Type(s): Press, Press releases
• February 10, 2015

  Minding the Labour Gap

  Remarks Carolyn A. Wilkins Ottawa Economics Association Ottawa, Ontario

  Senior Deputy Governor Carolyn Wilkins discusses the state of the labour market, the impact of lower oil prices on Canada’s economic outlook and the importance of both for monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Inflation and prices, Inflation targets, Labour markets, Monetary policy, Potential output, Productivity
• January 21, 2015

  Release of the Monetary Policy Report

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Inflation and prices, Interest rates, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Regional economic developments
• January 21, 2015

  Bank of Canada lowers overnight rate target to 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.

  Content Type(s): Press, Press releases
• January 21, 2015

  Monetary Policy Report – January 2015

  

  Economic growth in Canada is expected to average 2.1 per cent in 2015 and 2.4 per cent in 2016, with a return to full capacity around the end of 2016.

  Content Type(s): Publications, Monetary Policy Report
• January 13, 2015

  Drilling Down - Understanding Oil Prices and Their Economic Impact

  Remarks Timothy Lane Madison International Trade Association (MITA) Madison, Wisconsin

  Deputy Governor Timothy Lane discusses the causes of the recent drop in oil prices and its effects on the global and Canadian economies.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Business fluctuations and cycles, Inflation and prices, International topics, Monetary policy, Recent economic and financial developments, Trade integration
• January 12, 2015

  Business Outlook Survey - Winter 2014-15

  The winter Business Outlook Survey continues to provide signs of strengthening demand, especially among export-oriented firms and manufacturers. However, the outlook for businesses that are linked directly or indirectly to the energy sector has deteriorated.

  Content Type(s): Publications, Business Outlook Survey
• January 12, 2015

  Senior Loan Officer Survey - Fourth-Quarter 2014

  The survey results point to nearly unchanged business-lending conditions during the fourth quarter of 2014.

  Content Type(s): Publications, Senior Loan Officer Survey
• December 16, 2014

  Bank of Canada publishes results of consultation on bank note design principles

  Media Relations Ottawa, Ontario

  The Bank of Canada today published a summary of the comments it received in an online consultation on the principles guiding the design of the country’s bank notes.

  Content Type(s): Press, Press releases Research Topic(s): Bank notes