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December 11, 2012

Central Bank Policy Guidance May Be Most Useful in Extraordinary Times, Says Bank of Canada Governor Mark Carney

While transparency is critical to well-functioning capital markets and effective monetary policy, forward policy guidance is best used sparingly by central banks  in normal times, Bank of Canada Governor Mark Carney said today. In a speech to the Toronto CFA Society, the Governor discussed where policy guidance can be most effective and when it may […]
Content Type(s): Press, Press releases
September 7, 2012

Elevated Commodity Prices “Unambiguously Good” for Canada, Says Bank of Canada Governor Mark Carney

The global commodities boom drives enormous benefits for Canada, including higher incomes and greater economic security, Bank of Canada Governor Mark Carney said today in a speech to the 2012 Spruce Meadows Changing Fortunes: Global Economies Round Table. “Most fundamentally, higher commodity prices are unambiguously good for Canada,” Governor Carney told delegates. “The strength of […]
Content Type(s): Press, Press releases
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