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3572 Results

March 10, 2004

Adjusting to Global Economic Change

Remarks David Dodge Brazil-Canada Chamber of Commerce São Paulo, Brazil
Today, I want to focus my remarks on Canada's adjustment to changes in the global economy. I will talk about our efforts to adjust to longer-term economic forces and about the challenges that these forces present. Some of our experiences may be relevant to other economies that are making similar adjustments in the face of similar economic circumstances.

Rhys R. Mendes

Rhys R. Mendes served as Deputy Governor from July 2023 until April 2026.

Jean Boivin

Jean Boivin was appointed Deputy Governor of the Bank of Canada in March 2010.
September 9, 2020

Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds.
Content Type(s): Press, Press releases

The Role of Public Money in the Digital Age

Staff discussion paper 2024-11 Francisco Rivadeneyra, Scott Hendry, Alejandro García
A well-functioning monetary system is characterized by public and private forms of money that exchange at par as value flows freely between them. A relevant retail public money—whether in the form of cash, a central bank digital currency or both—is a necessary component of such a monetary system.
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