While the Canadian economy will likely grow faster than the economies of the other G-7 countries next year, the Bank of Canada expects our recovery to be more protracted than usual – and more reliant on domestic demand, Bank of Canada Governor Mark Carney said today.
Policies and initiatives that help keep core markets functioning continuously, including in times of stress, promote the overall safety and soundness of our financial system.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.
A well-functioning international monetary system is required to promote economic growth and prosperity, Governor Carney said, as he reviewed the evolution of the international monetary system.
The Bank of Canada announced today that Deputy Governor David Longworth will retire on 31 March 2010.
Senior Deputy Governor Paul Jenkins has announced that he will not seek renewal of his term of office and will leave the Bank of Canada when his seven-year term expires in April 2010.
Mr. Paul Jenkins, the current Senior Deputy Governor of the Bank of Canada, has advised the Bank that he will not seek renewal of his term of office and will leave the Bank of Canada when his current seven-year term expires in April 2010
"The fundamental objective of the G-20 reforms is to create a resilient, global financial system that efficiently supports worldwide economic growth," Governor Carney said in a speech today to the Autorité des marchés financiers.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.
While there are renewed signs of economic growth in Canada and around the world, Bank of Canada Governor Mark Carney urged today that this initial success should not give way to complacency.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.
The Bank of Canada is pleased to announce the recipient of its 2009 Law Enforcement Award of Excellence for Counterfeit Deterrence.
The Bank of Canada today released its 2010 schedule of eight dates for announcing decisions on its key policy interest rate and confirmed the announcement dates for the remainder of this year.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.
Despite the often discussed "green shoots" in the global economy, much hard work remains to be done before a recovery will take hold, Bank of Canada Governor Mark Carney said today.
Countries around the world must work toward a new global economy that is open, resilient, and responsible, Bank of Canada Governor Mark Carney said today, as he laid out an agenda for the renewal of globalization.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.
In the Report, the Bank noted that in an environment of continued high uncertainty, the global recession has intensified and become more synchronous since the Bank's January Monetary Policy Report Update, with weaker-than-expected activity in all major economies.
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 1/4 per cent, which the Bank judges to be the effective lower bound for that rate.
The Bank of Canada today announced the appointments of David Wolf to the permanent position of Adviser and Jean Boivin to the rotating role of Special Adviser for the term 2009-2010.
The Bank of Canada's Annual Report for 2008 was tabled in the House of Commons today.
Although the global and Canadian economies are in recessions triggered by the most severe financial meltdown since the 1930s, Canadians can have confidence that unprecedented policy measures will restore growth, Bank of Canada Governor Mark Carney said today.
As Canadian and international policy-makers work to create a more stable, efficient global financial system, Canada has much to offer from its own experience, Bank of Canada Governor Mark Carney said today.
The Bank of Canada today announced that Professor David Andolfatto of Simon Fraser University is the recipient of the Bank's Research Fellowship for 2009.
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent.
The Board of Directors of the Bank of Canada today announced the appointment of Timothy D. Lane as Deputy Governor and member of the Governing Council of the Bank effective 18 February.
Canadians can be confident that monetary policy will maintain a "relentless" focus on controlling inflation, whether it rises above or drops below the official target range, Bank of Canada Governor Mark Carney said today.
In the Update, the Bank noted that the outlook for the global economy has deteriorated since the October Monetary Policy Report, with the intensifying financial crisis spilling over into real economic activity.
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1 per cent.
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