September 15, 2008 Counterfeit $100 bills circulating in the Greater Montréal Area Media Relations Ottawa, Ontario The Bank of Canada, the Royal Canadian Mounted Police, the Sûreté du Québec, and the Service de Police de la Ville de Montréal are warning the public that counterfeit $100 notes of the latestbank note series (the series that features a metallic stripe) are circulating in the Greater Montréal Area. Content Type(s): Press, Press releases
September 15, 2008 Bank of Canada issues statement on recent market developments Media Relations Ottawa, Ontario The Bank of Canada is closely monitoring global market developments. Content Type(s): Press, Press releases
September 11, 2008 Bank of Canada Review - Autumn 2008 Cover page Leonard C. Wyon: Canada’s Victorian Engraver Photography by Gord Carter Content Type(s): Publications, Bank of Canada Review
September 3, 2008 Bank of Canada keeps overnight rate target at 3 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent. Content Type(s): Press, Press releases
August 26, 2008 Bank of Canada Announces the Recipients of its 2008 Law Enforcement Award of Excellence for Counterfeit Deterrence Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce the recipients of its 2008 Law Enforcement Award of Excellence for Counterfeit Deterrence. Content Type(s): Press, Press releases
August 26, 2008 Work in Progress: The Bank of Canada's Response to the Financial Turbulence Remarks David Longworth Canadian Association for Business Economics Kingston, Ontario The financial turbulence over the past year has been costly and difficult for many individuals and financial institutions; it's been challenging for policy-makers; and it's had implications for the overall economy. Content Type(s): Press, Speeches and appearances, Remarks
July 17, 2008 Release of the Monetary Policy Report Update Opening statement Mark Carney In the Update, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in certain commodity prices, particularly energy. Content Type(s): Press, Speeches and appearances, Opening statements
June 27, 2008 Flexibility versus Credibility in Inflation-Targeting Frameworks Remarks Mark Carney 7th BIS Annual Conference Lucerne, Switzerland There are two broad classes of arguments for greater flexibility in the design and application of monetary policy frameworks. The BIS has done a great deal of useful work on asset-price targeting in particular and on the complicated interplay between monetary policy and financial stability in general. Content Type(s): Press, Speeches and appearances, Remarks
June 23, 2008 Real Estate, Mortgage Markets, and Monetary Policy Remarks Sheryl Kennedy Investment Industry Association of Canada Banff, Alberta For many Canadians, one of the most important investments they'll make is the purchase of a house. And for you as financial market professionals, the links between the housing market and financial markets have important consequences. Content Type(s): Press, Speeches and appearances, Remarks
June 21, 2008 Financial System Review - June 2008 Although there has been some improvement in conditions over the past several weeks, strains in global credit markets have broadened since December.FSR Highlights - June 2008 Errata: Some factual errors in the June report "Bank of Canada Oversight Activities during 2007 under the Payment Clearing and Settlement Act" have been corrected. They concern (i) clarification of the U.S. Federal Reserve as lead overseer of CLS Bank and (ii) the steps taken by CDS on 14 August 2007 to assist issuers and participants holding defaulted ABCP. Content Type(s): Publications, Financial Stability Report