October 16, 2007 Bank of Canada keeps target for the overnight rate at 4 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/2 per cent. Content Type(s): Press, Press releases
October 11, 2007 Deputy Governor Tiff Macklem appointed Associate Deputy Minister of Finance Media Relations Ottawa, Ontario The Prime Minister announced today that Tiff Macklem, Deputy Governor of the Bank of Canada, has been appointed Associate Deputy Minister of Finance, effective 1 November. Content Type(s): Press, Press releases
October 4, 2007 Mark Carney Appointed Governor of the Bank of Canada Media Relations Ottawa, Ontario The Directors of the Bank of Canada appointed under Section 9 of the Bank of Canada Act today announced that they have appointed Mark Carney as Governor of the Bank of Canada for a seven-year term, effective 1 February 2008. Content Type(s): Press, Press releases
October 3, 2007 Liquidity, Liquidity, Liquidity Remarks David Longworth Investment Industry Association of Canada Toronto, Ontario Sound financial investment is important to individuals, to firms, and to society as a whole. By definition, investment is forward looking, and thus our future financial well-being is shaped by the soundness of the investment decisions we make today. Content Type(s): Press, Speeches and appearances, Remarks
September 25, 2007 Governor Dodge Discusses Recent Market Turbulence: Causes, Effects, and Lessons Media Relations Vancouver, British Columbia anadian money markets are functioning better after being affected by this summer's turbulence, but they are not yet back to normal, Bank of Canada Governor David Dodge said today in a speech to the Vancouver Board of Trade. Content Type(s): Press, Press releases
September 25, 2007 Survey of Foreign Exchange and Derivatives Market Activity in Canada During April 2007 Media Relations Ottawa, Ontario During the month of April, the Bank of Canada and 53 other central banks and monetary authorities conducted a survey of turnover activity in the foreign exchange and over-the-counter (OTC) derivatives markets in their respective countries. Content Type(s): Press, Press releases
September 25, 2007 Turbulence in Credit Markets: Causes, Effects, and Lessons To Be Learned Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia The turbulence in financial markets did not come about against a backdrop of economic weakness. Indeed, over the past number of years, the global economy has shown remarkable strength. We were also seeing encouraging signs of growth being spread more evenly. Content Type(s): Press, Speeches and appearances, Remarks
September 12, 2007 Governor Dodge Discusses the Importance of Transparency in Financial Markets Media Relations London, United Kingdom One of the clearest lessons to emerge from the recent financial market dislocation is the critical importance of transparency if debt markets are to function properly, Bank of Canada Governor David Dodge said today in a speech to the Canada-U.K. Chamber of Commerce. Content Type(s): Press, Press releases
September 12, 2007 A Clear Case for Transparency Remarks David Dodge Canada-U.K. Chamber of Commerce London, United Kingdom We have seen a remarkable continuation of robust global growth, fuelled by increases in international trade and facilitated by the continuing evolution and expansion of capital markets. Domestic demand began to grow more strongly in Europe and Asia and to slow in the United States, and this began to ease some of the concerns related to global imbalances that I spoke about during my last visit. Content Type(s): Press, Speeches and appearances, Remarks
September 10, 2007 New initiative to involve Canadian high school students in the fight against bank note counterfeiting crimes Media Relations Ottawa, Ontario The Bank of Canada, the Durham District School Board, the Royal Canadian Mounted Police, the Ontario Provincial Police and the Sûreté du Québec are joining forces to promote the new Counterfeit Detection module, a free ready-to-teach kit available to high schools across the country. Content Type(s): Press, Press releases