April 28, 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 These are difficult economic times, with the Canadian economy being buffeted by an intense and synchronized global recession. In recent months, that global recession has been exacerbated by delays in implementing measures to restore financial stability around the world. Content Type(s): Press, Speeches and appearances, Opening statements
April 23, 2009 Release of the Monetary Policy Report Opening statement Mark Carney Ottawa, Ontario These are difficult economic times with the Canadian economy being buffeted by an intense and synchronized global recession. In recent months, that global recession has been exacerbated by delays in implementing measures to restore financial stability around the world. Content Type(s): Press, Speeches and appearances, Opening statements
April 23, 2009 Bank of Canada releases Monetary Policy Report Media Relations Ottawa, Ontario In the Report, the Bank noted that in an environment of continued high uncertainty, the global recession has intensified and become more synchronous since the Bank's January Monetary Policy Report Update, with weaker-than-expected activity in all major economies. Content Type(s): Press, Press releases
April 21, 2009 Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010 Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 1/4 per cent, which the Bank judges to be the effective lower bound for that rate. Content Type(s): Press, Press releases
April 9, 2009 Bank of Canada Appoints Two Advisers Media Relations Ottawa, Ontario The Bank of Canada today announced the appointments of David Wolf to the permanent position of Adviser and Jean Boivin to the rotating role of Special Adviser for the term 2009-2010. Content Type(s): Press, Press releases
April 3, 2009 The Bank of Canada Releases Its Annual Report for 2008 Media Relations Ottawa, Ontario The Bank of Canada's Annual Report for 2008 was tabled in the House of Commons today. Content Type(s): Press, Press releases
March 18, 2009 Bank of Canada Announces Recipients of 2009 Fellowship and Governor's Awards Media Relations Ottawa, Ontario The Bank of Canada today announced that Professor David Andolfatto of Simon Fraser University is the recipient of the Bank's Research Fellowship for 2009. Content Type(s): Press, Press releases Source(s): Fellowship Program
March 5, 2009 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Pierre Duguay House of Commons Standing Committee on Finance Ottawa, Ontario As we have consistently emphasized, stabilization of the global financial system is a precondition for economic recovery, both globally and in Canada. To that end, policy-makers around the globe have acted aggressively and creatively by initiating a series of unprecedented actions aimed at stabilizing the global financial system. Content Type(s): Press, Speeches and appearances, Opening statements
March 3, 2009 Bank of Canada lowers overnight rate target by 1/2 percentage point to 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent. Content Type(s): Press, Press releases
February 18, 2009 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 Timothy D. Lane as Deputy Governor and member of the Governing Council of the Bank effective 18 February. Content Type(s): Press, Press releases