Ottawa, Ontario
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December 6, 2017 Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. -
November 29, 2017 Bank of Canada announces finalists for the third annual Governor’s Challenge
The Bank of Canada today announced the finalists for the 2017–18 edition of The Governor’s Challenge, a competition in which university students simulate the role of advisor to the Bank’s Governing Council. -
November 28, 2017 Financial System Review - Press Conference (Webcasts) - November 2017
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins. (11:30 (ET) approx.). -
November 28, 2017 Release of the Financial System Review
Press conference following the release of the Financial System Review. -
November 28, 2017 Vulnerabilities in the Canadian financial system remain elevated, but elements for improvement are emerging
The high level of household indebtedness and housing market imbalances remain the most important vulnerabilities identified by the Bank of Canada in its Financial System Review (FSR), published today. While these vulnerabilities are still elevated, improving economic conditions and recent changes to housing policy should support an easing of these vulnerabilities over time. -
November 15, 2017 Bank of Canada and Bank of Korea sign currency swap agreement
The Bank of Canada and the Bank of Korea today announced a standing bilateral liquidity swap arrangement, effective immediately. -
November 3, 2017 Statement on the Nomination of a New Federal Reserve Chair
The Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System. -
October 25, 2017 Monetary Policy Report Press Conference Opening Statement
Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.