June 29, 2010
News
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June 29, 2010
Governor Carney appointed Chairman of the Committee on the Global Financial System
Governor Mark Carney has been named Chairman of the Committee on the Global Financial System (CGFS), a forum for central banks to discuss policy issues related to financial markets and systems. -
June 22, 2010
Bank of Canada announces Deputy Governor Appointment
The Board of Directors of the Bank of Canada today announced the appointment of Agathe Côté as Deputy Governor of the Bank effective 30 July 2010. -
June 22, 2010
Risks to Canada's Financial Stability in an Uncertain World
The recent past has underscored the fact that, in finance and the economy, most things are interconnected on a global scale. Throughout its history, Canada has been powerfully affected by events elsewhere. -
June 18, 2010
Fortune Favours the Bold
From the end of 2008 to the middle of last year, Canada experienced a short, sharp recession. With the exception of government spending, all major components of aggregate demand declined, and industrial production dropped 15 per cent. -
June 16, 2010
A Bold Response Is Required to Secure the Economic Recovery, Says Bank of Canada Governor Mark Carney
The recent recession was not an ordinary downturn, and a bold response from the public and private sectors in Canada and globally is required to secure the economic recovery, Bank of Canada Governor Mark Carney said today. -
June 16, 2010
Fortune Favours the Bold
From the end of 2008 to the middle of last year, Canada experienced a short, sharp recession. With the exception of government spending, all major components of aggregate demand declined, and industrial production dropped 15 per cent. Canadian exporters suffered particularly, owing to the sharp fall in the components of U.S. economic activity that matter most for Canada. -
June 15, 2010
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Professor Prasanna Gai as Special Adviser for 2010–11. -
June 10, 2010
Bank of Canada Governor Mark Carney Outlines Core G-20 Agenda to Reduce Systemic Risk
G-20 leaders are working towards global reforms that will put the world’s financial system on a more solid footing, Bank of Canada Governor Mark Carney said today. -
June 10, 2010
The G-20’s Core Agenda to Reduce Systemic Risk
Given this failure, the G-20’s agenda to reshape the global financial system is comprehensive and radical. The coming weeks and months will be pivotal to its success. The time for debate and discussion is drawing to a close. Policymakers now need to decide and to implement.