Standing Committee on Finance (Audio)
Governor Mark Carney and Senior Deputy Governor Tiff Macklem testify before the Standing Committee on Finance.
August 19, 2011
Opening Statement before the House of Commons Standing Committee on Finance
Thank you for this opportunity to appear here today. Recent Economic and Financial Developments In recent weeks, several downside risks to the Bank’s July Monetary Policy Report (MPR) projection have been realised. The European sovereign crisis has intensified, the U.S. credit rating has been downgraded, and a broad range of data has signalled slower global […]