Bank of Canada

Economics Society of Northern Alberta (ESNA)

The Bank of Canada (“Bank”) has become aware of a fraudulent investment scheme on the part of World Way Capital (“WWC”). WWC is presenting a fraudulent Deposit Guarantee/Investor Compensation sheet dated February 2019 to potential investors, purporting that the Bank will guarantee deposits (in US$ and cryptocurrencies). WWC is also...

FOR IMMEDIATE RELEASE Available as: PDF In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government recently decided to remove legal tender...

Calgary Chamber of Commerce

FOR IMMEDIATE RELEASE Available as: PDF The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent....

Opening Statement Available as: PDF Good morning, and thank you for being here today. Senior Deputy Governor Wilkins and I are pleased to be with you to talk about the latest issue of the Bank of Canada’s Financial System...

FOR IMMEDIATE RELEASE Available as: PDF The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019. Lynn Patterson was appointed Deputy Governor of the Bank of Canada...

Canadian Credit Union Association and the Winnipeg Chamber of Commerce

FOR IMMEDIATE RELEASE Available as: PDF Canada’s mortgage market should evolve in a way that gives Canadians more choice and helps the economy be more flexible, while lowering the level of risk in the system, Bank...