About Bank Of Canada (BOC)
Bank rate: 1.25%
Governor: Stephen Poloz
Headquarters: Ottawa, Canada
Stephen Poloz is a Canadian Banker, born in 1956. He is the 9th Governor of Bank of Canada. He is also a member of the board of directors for the Bank of International Settlements. He was appointed on the 3rd of June 2013. He is a former head of Export Development Canada. Learn more about the key responsibilities of Bank of Canada HERE. Bank Of Canada recently hiked their rates last Wednesday by 25 basis points from 1.00% to 1.25%. Here is the yearly schedule for Bank Of Canada Interest Rates.
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