May 16, 2011
Canada in a Multi-Polar World
Governor Mark Carney discusses the forces that are transforming the global economic landscape and their implications for the Canadian economy.
Remarks
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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
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. -
February 10, 2011
Commodity Prices: The Long and the Short of It
Commodity prices are once again making headlines. Some commodity prices, such as those for copper and cattle, have reached record highs; others are rising quickly and approaching previous peaks. -
February 2, 2011
Canada’s Competitive Imperative: Investing in Productivity Gains
Canada’s advantages were very apparent through the financial crisis. They sheltered us from the worst of the storm and put Canada at the front of the pack coming out of the recession. -
February 1, 2011
Canada's Competitive Imperative: Investing in Productivity Gains
Canada’s advantages were very apparent through the financial crisis. They sheltered us from the worst of the storm and put Canada at the front of the pack coming out of the recession. -
January 10, 2011
Household Finances and Economic Growth
Why does household financial health matter to the Bank of Canada? It matters because how Canadians spend and how much they spend affect both the conduct of monetary policy and the stability of the financial system. -
December 13, 2010
Living with Low for Long
Current turbulence in Europe is a reminder that the crisis is not over, but has merely entered a new phase. In a world awash with debt, repairing the balance sheets of banks, households and countries will take years. -
November 18, 2010
Where the Economy and Finance Meet
As the title of my speech suggests, I would like to discuss the connections between the real economy – the tangible world of jobs, goods and services – and the more intangible world of finance – of money flows, interest rates and the stock market. They have a long and eventful history. -
November 9, 2010
Looking Back, Moving Forward: Canada and Global Financial Reform
There is an old saying, “Knowledge is gained from experience, and experience is gained from mistakes.” In Canada, we made our mistakes early and often in the 1970s and 1980s. Our fiscal situation deteriorated sharply, inflation surged to double-digit levels, and a few small regional banks collapsed.