Bank of Canada
Further to the announcement that Deputy Governor Sylvain Leduc will leave the Bank at the end of July, the process to appoint his successor has been initiated. The Board of Directors has formed a selection committee to conduct the search and selection process, with the assistance of global executive recruiting firm Boyden. Public advertisements for the Deputy Governor position will be published...
Read More »Monetary Policy Report Press Conference Opening Statement
Opening Statement Available as: PDF Good morning. Senior Deputy Governor Wilkins and I are pleased to be here to answer your questions about today’s interest rate announcement and our Monetary Policy Report (MPR). Before taking your questions, let me offer some...
Read More »Bank of Canada raises overnight rate target to 1 ½ per cent
FOR IMMEDIATE RELEASE Available as: PDF The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent. The Bank expects the global economy to grow...
Read More »Monetary Policy Report – July 2018
Available as: PDF Real GDP in Canada is expected to grow by 2.0 per cent in 2018, 2.2 per cent in 2019 and 1.9 per cent in 2020.
Read More »Business Outlook Survey – Summer 2018
Data available as: CSV, JSON, and XML
Read More »Senior Loan Officer Survey—Second Quarter of 2018
Data available as: CSV, JSON, and XML
Read More »Transparency strengthens public trust and makes monetary policy more effective, Governor Poloz says
FOR IMMEDIATE RELEASE Available as: PDF Transparency in monetary policy can help build trust with the public and financial markets and promote a more resilient economy, Governor Stephen S. Poloz said in a speech today. “We can be clearer in our...
Read More »Let Me Be Clear: From Transparency to Trust and Understanding
Remarks Greater Victoria Chamber of Commerce Available as: PDF Introduction I am happy to be here in Victoria, a city with a beautiful natural setting and an economy that successfully blends old and new. You...
Read More »Rebooting Reference Rates
Remarks Investment Industry Association of Canada and Institute of International Finance Available as: PDF Introduction Thank you and good afternoon. My topic today is interest-rate benchmarks or...
Read More »Bank of Canada partners with Creative Destruction Lab to deepen knowledge of new technologies
FOR IMMEDIATE RELEASE Available as: PDF The Bank of Canada announced today that it will partner with the Creative Destruction Lab (CDL) to deepen its knowledge of leading technologies. This partnership is motivated by the Bank’s 2019–21 Medium-Term...
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