January 16, 2007
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.
Press
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December 12, 2006
Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence
Beginning today, the Bank of Canada is inviting nominations for the fourth annual Law Enforcement Award of Excellence for Counterfeit Deterrence. -
December 11, 2006
Dodge Urges Action on Improving Financial System Efficiency
Canada's macroeconomic policies are second to none in supporting financial system efficiency, but work is needed to bring the country's structural policies up to that level, Bank of Canada Governor David Dodge said today. -
December 11, 2006
Improving Financial System Efficiency: The Need for Action
The FSR reports on developments and trends in financial systems here and abroad, summarizes recent research by Bank staff on financial sector policies, and promotes discussion of how to strengthen our financial system. In short, the goal of the FSR is to improve financial system efficiency and stability. -
December 5, 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. -
December 4, 2006
Debt Strategy Consultations 2007/08 Views Sought on Issues Relating to the Government Domestic Borrowing Program
A consultation document relating to the preparation of debt strategy for the fiscal year 2007/08, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today. -
November 27, 2006
Bank of Canada Releases Background Information on Renewal of the Inflation-Control Target
The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which describes Canada's experience with inflation targeting, reports on some key issues bearing on the framework for conducting monetary policy, and identifies issues warranting further research. -
November 23, 2006
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target
The primary objective of Canada's monetary policy is to enhance the well-being of Canadians by contributing to sustained economic growth, rising levels of employment and improved living standards. -
November 15, 2006
Bank of Canada Issues Upgraded $5 Bank Note
The Bank of Canada today put into circulation a $5 note with upgraded security features in order to improve the security of Canadian bank notes. -
November 8, 2006
The Canadian Economy and Financial Markets in Perspective
The hedge fund industry has been growing so quickly that meetings like this one are welcome—they provide a chance to step back and look at context and trends. And that's what I propose to do this morning. Specifically, I'd like to speak about volatility in both the real economy and in financial markets and discuss how it has been affected by monetary policy and financial innovation.