September 3, 2008
Bank of Canada keeps overnight rate target at 3 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent.
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August 26, 2008
Work in Progress: The Bank of Canada's Response to the Financial Turbulence
The financial turbulence over the past year has been costly and difficult for many individuals and financial institutions; it's been challenging for policy-makers; and it's had implications for the overall economy. -
July 31, 2008
Bank of Canada releases 2009 schedule of dates for its policy interest rate announcements
The Bank of Canada today released its 2009 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year. -
July 29, 2008
Bank of Canada announces the appointment of Mark E. Caplan as Senior Representative and Director of its Toronto Office (Financial Markets)
The Bank of Canada is pleased to announce the appointment of Mark E. Caplan as Senior Representative and Director, Toronto Office (Financial Markets), effective September 2008. Mr. Caplan will replace Ross MacKinnon, who is retiring. -
July 22, 2008
International Experience with the Conduct of Monetary Policy under Inflation Targeting
Conference held on 22 and 23 July 2008 (papers in unedited, electronic format only) -
July 17, 2008
Release of the Monetary Policy Report Update
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. -
July 17, 2008
Monetary Policy Report Update – July 2008
Three major developments are affecting the Canadian economy: the protracted weakness in the U.S. economy; ongoing turbulence in global financial markets; and sharp increases in the prices of certain commodities — particularly energy. The first two developments are evolving roughly in line with expectations outlined in the April Monetary Policy Report. -
July 15, 2008
Bank of Canada keeps overnight rate target at 3 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent. -
July 10, 2008
Bank of Canada Appoints Special Advisers
The Bank of Canada today announced the appointment of Angelo Melino, Professor in the Department of Economics at the University of Toronto, and Frank Milne, BMO Professor of Economics and Finance in the Department of Economics at Queen's University, as Special Advisers for the year 2008-09. -
July 7, 2008
Business Outlook Survey - Summer 2008
Despite the recent slowdown in real economic growth in Canada, the results of the summer survey do not suggest widespread weakness across Canadian firms. Firms have, however, become increasingly concerned about pressures on input costs and inflation.