News

In 2010, the economic recovery became firmly entrenched. The Bank’s Annual Report provides a Message from the Governor, highlights key achievements over the year, describes the Bank’s corporate governance, presents its financial statements, and discusses financial results.

The Bank of Canada’s Annual Report for 2010 was tabled in the House of Commons today.

In his address to the 17^th Annual Economic Forum of the Americas, Senior Deputy Governor Tiff Macklem discusses the G-20 financial reform agenda and the role of central banks in mitigating systemic risk.

Mark Carney, Governor of the Bank of Canada contributed to an occasional paper entitled “Regulatory Reforms and Remaining Challenges” which was published by the Group of Thirty today.

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.