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1409 Results

May 27, 2005

70 Years of Central Banking in Canada

Remarks David Dodge Canadian Economics Association Hamilton, Ontario
The Bank opened its doors on 11 March 1935, at the height of the Great Depression, and immediately faced enormous challenges. In meeting those challenges, the new Bank of Canada drew on the experience of other, established central banks. It received valuable guidance in functions such as the issuance of bank notes, managing foreign exchange reserves, and promoting financial stability.
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.
October 30, 2012

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 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 […]
November 2, 2011

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 slowed markedly as several downside risks to the projection outlined in the Bank’s July MPR have been realized. Volatility has increased and there has been […]

The increasing role of hedge funds in Government of Canada bond auctions

Staff analytical note 2025-22 Adam Epp, Jeffrey Gao
We find that the rise in Government of Canada debt issuance correlates to growing participation of hedge funds in bond auctions since 2020. This increased participation supports the cost-effective distribution of Canada’s debt, but it also represents a potential vulnerability because hedge funds have a greater flight risk than other investor types.
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