Press Releases
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4 December 2015 Bank of Canada introduces The Governor’s Challenge, a new student competition
The Bank of Canada today announced a new student competition—The Governor’s Challenge—where teams simulate the role of monetary policy advisor to the Bank's Governing Council. Over 100 undergraduates from 22 universities across Canada are taking part in 2015–16, the competition’s inaugural year. -
2 December 2015 Bank of Canada maintains overnight rate target at 1/2 per cent
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. -
26 October 2015 Deputy Governor Agathe Côté to retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor Agathe Côté will retire at the end of January 2016. -
21 October 2015 Bank of Canada maintains overnight rate target at 1/2 per cent
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. -
25 September 2015 Bank of Canada Calls for Nominations for the 2016 Fellowship and Governor’s Awards
The Bank of Canada is calling for nominations under its Fellowship Program for 2016. This program fosters excellence in economic and financial research in Canada, and develops partnerships with experts outside of the Bank.