Press Releases
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15 December 2016 Risks to financial stability largely unchanged, household vulnerabilities remain key concern
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). -
8 December 2016 Viola Desmond chosen as the Bank NOTE-able woman to be featured on new $10 bank note
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. -
7 December 2016 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. -
1 December 2016 Bank of Canada announces details of forthcoming changes to its published foreign exchange rate data
The Bank of Canada today announced a final list of the 26 foreign currency exchange rates that it will continue to publish after 1 March 2017.