Press releases

The world is grappling with dramatic events that have seized up markets, sparked a massive flight to quality and caused some great names in the world of finance to succumb, Bank of Canada Governor Mark Carney said today.

The Bank of Canada, the Royal Canadian Mounted Police, the Sûreté du Québec, and the Service de Police de la Ville de Montréal are warning the public that counterfeit $100 notes of the latestbank note series (the series that features a metallic stripe) are circulating in the Greater Montréal Area.

The Bank of Canada is closely monitoring global market developments.

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent.

The Bank of Canada is pleased to announce the recipients of its 2008 Law Enforcement Award of Excellence for Counterfeit Deterrence.

The Bank of Canada today released its 2009 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year.

The Bank of Canada is pleased to announce the appointment of Mark E. Caplan as Senior Representative and Director, Toronto Office (Financial Markets), effective September 2008. Mr. Caplan will replace Ross MacKinnon, who is retiring.

The Bank of Canada today released its July Monetary Policy Report Update. In it, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in the prices of certain commodities, particularly energy.

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent.

The Bank of Canada today announced the appointment of Angelo Melino, Professor in the Department of Economics at the University of Toronto, and Frank Milne, BMO Professor of Economics and Finance in the Department of Economics at Queen's University, as Special Advisers for the year 2008-09.