This issue includes analysis of the unconventional monetary policies recently implemented by central banks, and also presents Bank research in two areas - the migration of labour between economic regions in Canada, and the asset-allocation and funding decisions for Canada’s foreign exchange reserves.
The Directors of the Bank of Canada appointed under Section 9 of the Bank of Canada Act today announced that they have appointed Stephen S. Poloz as Governor of the Bank of Canada for a seven-year term, effective 3 June 2013.
Bank of Canada Governor Mark Carney discusses the future of monetary policy.
Governor Mark Carney with Minister of Finance Jim Flaherty, Mr. Paul G. Smith, Chairman of the Board at VIA Rail Canada and Canadian Space Agency Astronaut Chris Hadfield, Commander of the International Space Station (by satellite), unveil the final two notes of the new Polymer bank note series.
Topics: Bank Notes NewsCanada’s new and more secure $5 and $10 polymer bank notes were unveiled today at the Bank of Canada’s Ottawa head office, and from aboard the International Space Station.
Topics: Bank Notes News
Mark Carney, Governor of the Bank of Canada and Chair of the Financial Stability Board, contributed the article "Completing the G20 reform agenda for strengthening over?the?counter derivatives markets" to the Banque de France's Financial Stability Review.
Timothy Lane, Deputy Governor of the Bank of Canada, contributed the article “Access to central counterparties: why it matters and how it is changing” to the Banque de France's Financial Stability Review.
2012 was a year of tentative recovery for the world economy, but considerable accomplishment for the Bank of Canada as it worked to promote the economic and financial well-being of Canadians. The 2012 Annual Report provides a Message from the Governor, highlights key achievements over the year, describes the Bank’s corporate governance, and presents financial statements in conjunction with Management’s Discussion and Analysis.
Please complete our Annual Report Survey: The Bank invites you to take part in an online survey about the Annual Report. Your feedback will help support the Bank’s efforts to communicate effectively.
The Bank of Canada’s Annual Report for 2012 was tabled in the House of Commons today.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Following growth of 1.8 per cent in 2012, the Canadian economy is expected to grow by 1.5 per cent in 2013, 2.8 percent in 2014 and 2.7 in 2015, and to reach full capacity in mid-2015, later than anticipated in the January Report.
Taken together, responses to the spring survey indicate that, following a recent slowing in economic activity, firms expect business conditions to remain challenging over the next 12 months.
The survey results point to a slight easing in overall business-lending conditions during the first quarter of 2013.
Deputy Governor John Murray discusses the urgent need to rotate global demand.
Deputy Governor Agathe Côté discusses accomplishments and work still to do by public and private sector stakeholders to make financial market infrastructure more resilient.
The Governor of the Bank of Canada has designated SwapClear as subject to ongoing regulatory oversight by the Bank under the Payment Clearing and Settlement Act (PCSA), effective 2 April 2013.
The Bank of Canada today announced the recipient of the Bank’s Fellowship Award and Governor's Award for 2013.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Bank of Canada Governor Mark Carney discusses the breakdown in trust in global banking and what is required to rebuild it.
The Board of Directors of the Bank of Canada today announced the appointment of Lawrence L. Schembri as Deputy Governor effective 25 February 2013.