August 24, 2010 Bank of Canada Announces the Recipients of Its 2010 Law Enforcement Award of Excellence for Counterfeit Deterrence Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce the recipients of its 2010 Law Enforcement Award of Excellence for Counterfeit Deterrence. The award was established in 2004 to recognize the work of Canadian law-enforcement personnel in deterring and preventing the counterfeiting of Canada's bank notes. Content Type(s): Press, Press releases
July 29, 2010 Bank of Canada Releases 2011 Schedule of Dates for Its Policy Interest Rate Announcements Media Relations Ottawa, Ontario The Bank of Canada today released its 2011 schedule of eight dates for announcing decisions on its key policy interest rate and confirmed the announcement dates for the remainder of this year. Content Type(s): Press, Press releases
July 22, 2010 Release of the Monetary Policy Report Opening statement Mark Carney Ottawa, Ontario The global economic recovery is proceeding but is not yet self-sustaining. A greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank’s outlook in April. Content Type(s): Press, Speeches and appearances, Opening statements
July 20, 2010 Bank of Canada increases overnight rate target to 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Content Type(s): Press, Press releases
June 29, 2010 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario Timothy Hodgson, Chief Executive Officer of Goldman Sachs Canada, has been appointed Special Adviser to the Governor. During a period when financial regulation and market infrastructure are evolving rapidly, the Bank of Canada will benefit from Mr. Hodgson’s profound and extensive experience in investment banking and markets. Content Type(s): Press, Press releases
June 22, 2010 Bank of Canada announces Deputy Governor Appointment Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced the appointment of Agathe Côté as Deputy Governor of the Bank effective 30 July 2010. Content Type(s): Press, Press releases
June 15, 2010 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario The Bank of Canada today announced the appointment of Professor Prasanna Gai as Special Adviser for 2010–11. Content Type(s): Press, Press releases
June 1, 2010 Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning of the overnight market Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. Content Type(s): Press, Press releases
June 1, 2010 Re-Establishment of the Standard Operating Framework for the Implementation of Monetary Policy Media Relations Ottawa, Ontario As part of the Bank of Canada's interest rate decision on 1 June 2010, the Bank will re-establish the standard operating framework for the implementation of monetary policy. Content Type(s): Press, Press releases
May 26, 2010 Senate Committee on National Finance Opening statement Pierre Duguay Senate Committee on National Finance Ottawa, Ontario At year-end 2009, there were 1.8 billion bank notes in circulation, with a total value of $55.5 billion – approximately $1,630 per Canadian. The Bank of Canada is not responsible for coins. Decisions on coinage rest with the federal government, in particular, the Department of Finance, and with the Royal Canadian Mint. Content Type(s): Press, Speeches and appearances, Opening statements