October 19, 2006
Press
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October 19, 2006
Release of the Monetary Policy Report
The Canadian economy is judged to be operating just above its production capacity. While global economic growth is expected to be a little higher than previously anticipated, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth. -
October 17, 2006
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. -
September 13, 2006
Weathering Economic Shocks: The Importance of Flexibility
First, I should explain what I mean by flexibility. As most of you are surely aware, the Bank of Canada has been openly discussing the importance of promoting policies that support economic efficiency, including financial system efficiency. Efficiency refers to the allocation of scarce economic resources to the most productive uses, in a cost-effective way. -
September 7, 2006
Net Position Reports - Formal Recommendation from the Bank of Canada
The Bank of Canada announced today that it has sent the following letter to the Investment Dealers Association of Canada. -
September 6, 2006
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. -
August 28, 2006
Productivity, Terms of Trade, and Economic Adjustment
The Bank of Canada is keenly interested in productivity - for a number of reasons. Productivity gains are a key determinant of growth in potential output and, hence, of Canada's sustainable pace of non-inflationary economic expansion. -
August 24, 2006
Bank of Canada Announces the Recipients of its 2006 Law Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada is pleased to announce the recipients of its 2006 Law Enforcement Award of Excellence for Counterfeit Deterrence. -
July 27, 2006
Bank of Canada releases 2007 schedule of dates for its policy interest rate announcements
The Bank of Canada today released its 2007 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 20, 2006
The Right Policies for Today's Global Economy
Canada and Brazil both rely on international trade and foreign investment for economic growth, and both are major producers of commodities. Because we share these attributes, we also share a keen interest in the health of the global economy.