October 31, 2012 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Mark Carney Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Good afternoon. Tiff and I are pleased to be here with you today to discuss the October Monetary Policy Report, which the Bank published last week. The global economy has unfolded broadly as the Bank projected in its July MPR. Growth has slowed in all major regions. The economic expansion in the United States is […] Content Type(s): Press, Speeches and appearances, Opening statements
October 24, 2012 Release of the Monetary Policy Report Opening statement Mark Carney Ottawa, Ontario Press conference following the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements
A Review of the Bank of Canada’s Support of Key Financial Markets During the COVID-19 Crisis Staff discussion paper 2023-9 Joshua Fernandes, Michael Mueller The COVID-19 pandemic placed unprecedented strain on the global financial system. We describe how the Bank of Canada responded to the rapidly deteriorating liquidity in core Canadian fixed-income markets. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E4, E44, E5, E58, G, G0, G01 Research Theme(s): Financial markets and funds management, Market functioning, Financial system, Financial stability and systemic risk, Monetary policy, Monetary policy tools and implementation
November 20, 2013 Opening Statement before the Senate Standing Committee on Banking, Trade and Commerce Opening statement Stephen S. Poloz Senate Standing Committee on Banking, Trade and Commerce Ottawa, Ontario Thank you for the opportunity for Tiff and me to be with you today to discuss the October Monetary Policy Report, which the Bank published recently. The Bank aims to communicate our objectives openly and effectively and to stand accountable for our actions before Canadians. One of the best ways to do this is through […] Content Type(s): Press, Speeches and appearances, Opening statements
April 15, 2020 Monetary Policy Report – April 2020 Canada’s economy faces two significant shocks—the plunge in global oil prices and the impact of the COVID-19 pandemic. Content Type(s): Publications, Monetary Policy Report
January 30, 2008 Opening Statement before the House of Commons Standing Committee on Industry, Science and Technology Opening statement Paul Jenkins House of Commons Standing Committee on Industry, Science and Technology To begin, as a little background I would like to quickly review the framework within which we conduct Canada's monetary policy. The Bank of Canada Act calls on us to mitigate "fluctuations in the general level of production, trade, prices and employment, so far as may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of Canada." Content Type(s): Press, Speeches and appearances, Opening statements
October 28, 2009 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Mark Carney Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario While conditions in the Canadian economy have improved since we met with you in May, many of the basic challenges remain. Before Paul and I take your questions, allow me to outline some of the highlights from our latest Monetary Policy Report, which the Bank released last week. Content Type(s): Press, Speeches and appearances, Opening statements
October 27, 2009 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Mark Carney House of Commons Standing Committee on Finance Ottawa, Ontario While conditions in the Canadian economy have improved since we met with you in February and April, many of the basic challenges remain. Before Paul and I take your questions, I would like to give you some of the highlights from our latest Monetary Policy Report, released last week. Content Type(s): Press, Speeches and appearances, Opening statements
February 12, 2013 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Mark Carney House of Commons Standing Committee on Finance Ottawa, Ontario Good morning. Tiff and I are pleased to be here with you today to discuss the January Monetary Policy Report, which the Bank recently published. While the global economic outlook is slightly weaker than the Bank had projected in October MPR, global tail risks have also diminished. The economic expansion in the United States is […] Content Type(s): Press, Speeches and appearances, Opening statements
May 28, 2026 Financial Stability Report—2026—In focus—repo markets Repo markets are crucial for the functioning of government bond markets. They are also an important source of short-term funding. But their size and widespread use mean they can transmit financial stress if conditions deteriorate.