Mark Carney - Latest

• December 17, 2008

  From Hindsight to Foresight

  Remarks Mark Carney Women in Capital Markets Toronto, Ontario

  It has been a difficult year for capital markets professionals. The turmoil has deteriorated into a full-blown financial crisis. Most financial markets have experienced historic falls in prices, and some are strained to the point of closing.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 19, 2008

  Building Continuous Markets

  Remarks Mark Carney the Canada – United Kingdom Chamber of Commerce London, United Kingdom

  Throughout the years, Canada has been a major beneficiary of London's innovation. Companies of adventurers, conceived and funded in London, opened up large swathes of Canada to international trade.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 23, 2008

  Release of the Monetary Policy Report

  Opening statement Mark Carney

  In Canada, our financial system is sound, and our financial institutions are already well capitalized. We are nonetheless affected by global developments. That is why the Bank of Canada has taken extraordinary measures to provide liquidity.

  Content Type(s): Press, Speeches and appearances, Opening statements
• September 25, 2008

  Reflections on Recent International Economic Developments

  Remarks Mark Carney Canadian Club of Montreal Montréal, Quebec

  The events of the past few weeks in global financial markets have been dramatic. Money and credit markets seized up. There was a massive flight to the safety of the highest quality of government debt.

  Content Type(s): Press, Speeches and appearances, Remarks
• July 17, 2008

  Release of the Monetary Policy Report Update

  Opening statement Mark Carney

  In the Update, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in certain commodity prices, particularly energy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• June 27, 2008

  Flexibility versus Credibility in Inflation-Targeting Frameworks

  Remarks Mark Carney 7th BIS Annual Conference Lucerne, Switzerland

  There are two broad classes of arguments for greater flexibility in the design and application of monetary policy frameworks. The BIS has done a great deal of useful work on asset-price targeting in particular and on the complicated interplay between monetary policy and financial stability in general.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 19, 2008

  Capitalizing on the Commodity Boom: the Role of Monetary Policy

  Remarks Mark Carney Haskayne School of Business Calgary, Alberta

  We are experiencing a commodity super cycle. Throughout the current boom, the scale of price increases has been higher, and the range of affected commodities broader, than in previous upturns. Since 2002, grain and oilseed prices have more than doubled, base metals prices have tripled, and oil prices have quadrupled.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 22, 2008

  Principles for Liquid Markets

  Remarks Mark Carney New York Association for Business Economics New York, New York

  Over the past year, both private sector financial market participants and public sector authorities have been preoccupied with the topic of liquidity as never before. Throughout the financial market turbulence, private liquidity management has become tremendously important.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 1, 2008

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Mark Carney Standing Senate Committee on Banking, Trade and Commerce

  In it, we noted that growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated. Buoyant growth in domestic demand, supported by high employment levels and improved terms of trade, has been substantially offset by a fall in net exports.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 30, 2008

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Mark Carney House of Commons Standing Committee on Finance

  Growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated.

  Content Type(s): Press, Speeches and appearances, Opening statements