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The Bank of Canada Releases Its Annual Report for 2007

The Bank of Canada's Annual Report for 2007 was tabled in the House of Commons today.

Copies of the Report will be available at 12:00 (ET):

  • on the Bank's website
  • in the lobbies of the East and West Towers of the Bank's head office in Ottawa
  • at the Parliamentary Press Gallery (Room 350-N, Centre Block, and Room 607, Wellington Building)
  • at the Bank's regional offices in Halifax, Montréal, Toronto, Calgary, and Vancouver
Content Type(s): Press, Press releases


January 30, 2008

Annual Report 2007

The year 2007 was marked by sharply increased volatility in financial and foreign exchange markets, and a widening of credit spreads. Despite financial market turbulence, the Canadian economy continued to expand, and inflation remained close to our target of 2 per cent. In this, my final Annual Report message, I begin by reviewing the economic and financial developments and challenges of the past year. I then highlight seven important ongoing challenges faced by Canada and the Bank during my seven years as Governor.
Content Type(s): Publications, Annual Report