July 20, 2010 Bank of Canada increases overnight rate target to 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Content Type(s): Press, Press releases
July 16, 2010 Changes to Requirements for Assets Accepted as Collateral under the Bank of Canada's Standing Liquidity Facility As part of an ongoing review of collateral policy related to the Bank of Canada's Standing Liquidity Facility (SLF), the Bank is adjusting the credit-rating requirements for assets acceptable as collateral. Content Type(s): Press, Market notices
June 30, 2010 Results of the 30 June 2010 Term Repo Operation for Balance Sheet Management Purposes The results of today's term repo for balance sheet management purposes operation. Content Type(s): Press, Market notices
June 29, 2010 Bank of Canada Announces Details of its Term Repo Operation for Balance Sheet Management Purposes The Bank of Canada announced today that it will conduct a Term Repo for Balance Sheet Management Purposes operation. Content Type(s): Press, Market notices
June 29, 2010 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario Timothy Hodgson, Chief Executive Officer of Goldman Sachs Canada, has been appointed Special Adviser to the Governor. During a period when financial regulation and market infrastructure are evolving rapidly, the Bank of Canada will benefit from Mr. Hodgson’s profound and extensive experience in investment banking and markets. Content Type(s): Press, Press releases
June 29, 2010 Governor Carney appointed Chairman of the Committee on the Global Financial System Media Relations Basel, Switzerland Governor Mark Carney has been named Chairman of the Committee on the Global Financial System (CGFS), a forum for central banks to discuss policy issues related to financial markets and systems. Content Type(s): Press, Press releases
June 22, 2010 Bank of Canada announces Deputy Governor Appointment Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced the appointment of Agathe Côté as Deputy Governor of the Bank effective 30 July 2010. Content Type(s): Press, Press releases
June 22, 2010 Risks to Canada's Financial Stability in an Uncertain World Remarks Timothy Lane Winnipeg CFA Society Winnipeg, Manitoba The recent past has underscored the fact that, in finance and the economy, most things are interconnected on a global scale. Throughout its history, Canada has been powerfully affected by events elsewhere. Content Type(s): Press, Speeches and appearances, Remarks
June 18, 2010 Fortune Favours the Bold Remarks Mark Carney Newfoundland Oil & Gas Industries Association St. John's, Newfoundland and Labrador From the end of 2008 to the middle of last year, Canada experienced a short, sharp recession. With the exception of government spending, all major components of aggregate demand declined, and industrial production dropped 15 per cent. Content Type(s): Press, Speeches and appearances, Remarks
June 17, 2010 Operational Changes to the Bond Buyback Program In April 2010, officials from the Department of Finance and the Bank of Canada sought the views of institutional investors, government securities distributors, and other interested parties on issues relating to the management of the cash flow profile of Government of Canada securities over the medium term and on the demand for long-term bonds (nominal and Real Return). Content Type(s): Press, Market notices