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Latest Investment News2019-06-03 - Fraudulent Investment Scheme
The Bank of Canada ("Bank") has become aware of a fraudulent investment scheme on the part of World Way Capital ("WWC").
2019-05-31 - Changes to legal tender status will take effect in 2021
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 status from some older bank notes as of January 1, 2021.
2019-05-30 - Economic progress depends on business investment
Senior Deputy Governor Carolyn A. Wilkins talks about the importance of business investment to the Canadian economy and reviews the latest interest rate decision.
2019-05-29 - Bank of Canada maintains overnight rate target at 1 ¾ per cent
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.
2019-05-16 - Release of the Financial System Review
Press conference following the release of the Financial System Review.
2019-05-16 - Financial System Review Summary - 2019
In our Financial System Review, we identify the main vulnerabilities and risks to financial stability in Canada and explain how they have evolved over the past year. This issue reflects the Bank's judgment that the vulnerabilities associated with high household debt and imbalances in the housing market have declined modestly but remain significant. The Financial System Review is a product of the Governing Council of the Bank of Canada: Stephen S. Poloz, Carolyn A. Wilkins, Timothy Lane, Lawrence Schembri, Lynn Patterson and Paul Beaudry.
2019-05-08 - Deputy Governor Lynn Patterson to retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019.
2019-05-06 - Poloz talks mortgages: Innovation could improve flexibility
Stephen S. Poloz, Governor of the Bank of Canada, speaks before the Canadian Credit Union Association and the Winnipeg Chamber of Commerce.
2019-05-06 - Canada's mortgage market should evolve to offer more choice with less risk, Bank of Canada Governor Poloz says
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 of Canada Governor Stephen S. Poloz said today.
2019-05-01 - Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce.