The Bank of Canada is raising its target for the overnight rate to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Recent data have bolstered the Bank’s confidence in its outlook for above-potential growth and the absorption of excess capacity in the economy. The … Read more
Governor Stephen S. Poloz welcomed special guests from the government, business and the tourism sectors for a preview of the Bank of Canada Museum, which is opening soon. Located at the corner of Bank and Wellington, in the Bank’s head office complex in downtown Ottawa, the re-designed Museum will help visitors learn about the economy … Read more
The bank announced that Government of Canada bond tenders have been accepted for a total repurchase amount of $3.3-billion following an auction on June 15, 2017. The full release is available online.
Household indebtedness and housing market imbalances—the most important vulnerabilities for the Canadian financial system—have moved higher over the past six months, the Bank of Canada said in its Financial System Review. However, “the financial system remains resilient, and macroeconomic conditions continue to improve,” said Governor Stephen S. Poloz. Imbalances in the Canadian housing market have also grown … Read more
The Bank of Canada began circulating the $10 commemorative bank note that celebrates the 150th anniversary of Confederation. Canadians can now obtain this special note at financial institutions. Only 40 million notes are being issued—roughly one for every Canadian. Governor Stephen S. Poloz was among the first to spend a commemorative note at a store in … Read more
The Bank of Canada 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. The full release is available online. Call 613-782-8782.
The bank issued a final call for marketable bond tenders with a minimum total repurchase amount of $1-billion to be auctioned on May 23, 2017. The full release is available online. The bank issued a call for treasury bill tenders with a minimum total repurchase amount of $15-million to be auctioned on May 30, 2017. … Read more
The bank announced a call for Government of Canada bond tenders with a minimum total amount of $3.9-billion to be auctioned on May 25, 2017. The full release is available online.
The bank announced a final call for Government of Canada bond tenders with a minimum total amount of $3.9-billion to be auctioned on May 10, 2017. The full release is available online.
The Bank of Canada 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. The full release is available online. Call 613-782-8782.
