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Home > Publications and Research > Press Releases > December 2008

Press Releases

17 December 2008
Governor Carney discusses key risks to financial system, advocates for macroprudential approach

Press Release - Toronto, Ontario

While measures taken to address the global financial crisis will be successful, policy-makers need to improve their ability to detect the next crisis before it occurs, Bank of Canada Governor Mark Carney said today.
9 December 2008
Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent

Press Release - Ottawa, Ontario

The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a percentage point to 1 1/2 per cent.

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