December 16, 2009 As the holiday season approaches, our attention turns naturally to the home front. Accordingly, my comments this afternoon will focus on households. I would like to concentrate in particular on the implications of Canadian household finances for financial stability in our country.
December 16, 2009
Household Finances Important for Financial System Stability, Bank of Canada Governor Mark Carney SaysWhile the Canadian economy will likely grow faster than the economies of the other G-7 countries next year, the Bank of Canada expects our recovery to be more protracted than usual – and more reliant on domestic demand, Bank of Canada Governor Mark Carney said today.
December 15, 2009
Bank of Canada welcomes initiative to improve infrastructure for Canadian-dollar core funding marketsPolicies and initiatives that help keep core markets functioning continuously, including in times of stress, promote the overall safety and soundness of our financial system.
December 8, 2009
Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.