May 6, 2011
Monetary Policy and Resource Mobility
Mark Carney, Governor of the Bank of Canada, comments on “Monetary Policy and Resource Mobility,” a paper by Carl E. Walsh
Upcoming events, Press
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April 13, 2011
Release of the Monetary Policy Report
As anticipated in January, the global economic recovery is becoming more firmly entrenched and is expected to continue at a steady pace. In the United States, growth is solidifying, although consolidation of household and ultimately government balance sheets will limit the pace of the expansion. -
April 12, 2011
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. -
March 30, 2011
Bank of Canada Announces Recipients of 2011 Fellowship and Governor’s Awards
The Bank of Canada today announced that Professors Randall K. Morck of the University of Alberta and Gregor W. Smith of Queen’s University are the recipients of the Bank’s Fellowship Award for 2011. -
March 28, 2011
The “Great” Recession in Canada: Perception vs. Reality
Barely three years ago, the financial crisis was a source of major concern worldwide. This unprecedented event had serious and costly repercussions, which we continue to feel today. -
March 26, 2011
Bank of Canada Governor Mark Carney discusses Challenges Posed by Globalization, Proposes Global Code of Conduct for Capital Flows
Speaking at the Annual Meeting of the Inter-American Development Bank, Bank of Canada Governor Mark Carney called on global policymakers to work towards renewing the “rules of the game” of the international monetary system, while implementing short-term measures, such as a code of conduct for capital flows, to improve the functioning of the current system. -
March 26, 2011
The Paradigm Shifts: Global Imbalances, Policy, and Latin America
Globalization is the opportunity and the challenge of our age. It has the potential to lift billions out of poverty, vastly expand economic prospects, and develop a more diverse and resilient global economy. -
March 22, 2011
Summary of Comments - 2011-12 Debt Management Strategy Consultations
The Summary of Comments - 2011-12 Debt Management Strategy Consultations is being published on the Bank of Canada's website in conjunction with the release of the government's Debt Management Strategy for 2011-12 on the Department of Finance's website. -
March 17, 2011
Statement of G7 Finance Ministers and Central Bank Governors
We, the G7 Finance Ministers and central bank governors, discussed the recent dramatic events in Japan and were briefed by our Japanese colleagues on the current situation and the economic and financial response put in place by the authorities. -
March 10, 2011
Bank of Canada Announces Further Details on New Series of Polymer Bank Notes
The Bank of Canada today announced that it will begin circulating a new $100 polymer bank note in November 2011, with a polymer $50 note to follow in March 2012. The Bank also provided further technical and background information about the new bank notes.