• January 27, 2009

    Inflation Targeting in a Global Recession

    Remarks Mark Carney Halifax Chamber of Commerce Halifax, Nova Scotia
    These are challenging times, indeed. We are facing a financial crisis without comparison for generations. Most financial markets have experienced historic declines in prices and unprecedented spikes in volatility.
    Content Type(s): Press, Speeches
  • January 22, 2009

    Release of the Monetary Policy Report Update

    Opening Statement Mark Carney Ottawa, Ontario
    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.
    Content Type(s): Press, Speeches
  • January 8, 2009

    Financial Stability through Sound Risk Management

    Remarks Pierre Duguay Risk Management Association, Toronto Chapter Toronto, Ontario
    The extraordinary turmoil of 2007 and 2008 has brought to the fore many issues and challenges, most of which will be with us for some time as we deal with what has become the deepest financial crisis since the 1930s. Policy-makers around the world have taken bold and timely steps to deal with the financial instability and economic crisis, but it will take time for confidence to be restored and for markets to become fully functional again.
    Content Type(s): Press, Speeches

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