The Bank of Canada congratulates the Integrated Counterfeit Enforcement Team from British Columbia’s Federal Serious and Organized Crime branch, E Division—Financial Integrity. They are the winners of the 2018 Law Enforcement Award of Excellence for Co…
The Bank of Canada today published its 2019 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report, and reconfirmed the scheduled interest rate announcement dates for the remainder of this year.
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.
Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
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.
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.
Supported by expectations of sustained demand, responses to the summer Business Outlook Survey point to continued business optimism, particularly outside the energy-producing regions. In this context, firms reported increasing pressures on capacity and…
Survey results for the second quarter of 2018 suggest that overall lending conditions eased somewhat, both for households and business, driven by competition for mortgage and corporate lending.
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.
Governor Poloz talks about how the Bank is improving communications with the public and helping financial markets understand its monetary policy approach.