Media Relations - Latest

• December 17, 2008

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

  Media Relations 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.

  Content Type(s): Press, Press releases
• December 9, 2008

  Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent

  Media Relations 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.

  Content Type(s): Press, Press releases
• November 24, 2008

  Deputy Governor to leave Bank of Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Deputy Governor Sheryl Kennedy has decided to leave the Bank to pursue other interests.

  Content Type(s): Press, Press releases
• November 19, 2008

  Governor Carney says the global financial system needs continuously open markets

  Media Relations London, United Kingdom

  In order to achieve a full recovery, the global financial system must have continuously open markets at its core, Bank of Canada Governor Mark Carney argued today in a speech to the Canada – United Kingdom Chamber of Commerce.

  Content Type(s): Press, Press releases
• November 3, 2008

  Bank of Canada announces senior appointments in new internal structure

  Media Relations Ottawa, Ontario

  In order to hone its focus on a safe and sound financial system, reinforce research, and streamline management processes, the Bank of Canada has realigned responsibilities and made a series of senior appointments to lead its work in monetary policy, financial stability, management of the Government of Canada's funds, and Canadian bank notes.

  Content Type(s): Press, Press releases
• October 23, 2008

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its October Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases
• October 21, 2008

  Bank of Canada lowers overnight rate target by 1/4 percentage point to 2 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/2 per cent.

  Content Type(s): Press, Press releases
• October 8, 2008

  Central Banks Announce Coordinated Interest Rate Reductions

  Media Relations

  Throughout the current financial crisis, central banks have engaged in continuous close consultation and have cooperated in unprecedented joint actions such as the provision of liquidity to reduce strains in financial markets.

  Content Type(s): Press, Press releases
• September 25, 2008

  Governor Carney Discusses Impact of Recent International Developments

  Media Relations Montréal, Quebec

  The world is grappling with dramatic events that have seized up markets, sparked a massive flight to quality and caused some great names in the world of finance to succumb, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• September 15, 2008

  Counterfeit $100 bills circulating in the Greater Montréal Area

  Media Relations Ottawa, Ontario

  The Bank of Canada, the Royal Canadian Mounted Police, the Sûreté du Québec, and the Service de Police de la Ville de Montréal are warning the public that counterfeit $100 notes of the latestbank note series (the series that features a metallic stripe) are circulating in the Greater Montréal Area.

  Content Type(s): Press, Press releases