The Bank of Canada today published its 2017 schedule of the key dates for policy interest rate announcements and release of the quarterly Monetary Policy Report, and it reconfirmed the scheduled announcement dates for the remainder of this year.
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.
We, G7 Ministers and Governors, respect the intention expressed today by the people of the United Kingdom to exit from the European Union. We are monitoring market developments following the outcome of the referendum on the UK’s membership of the EU.
Technological innovation in financial services could transform the financial system, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today. But realizing the benefits of fintech, while guarding against the risks it could create, requires strong collaboration among actors in the financial system.
The Canadian economy is making progress in adjusting to low oil prices and recovering from the global financial crisis, Bank of Canada Governor Stephen S. Poloz said today.
