March 9, 2006 Temporary measures to reinforce the target for the overnight rate n the implementation of monetary policy, the Bank of Canada sets a target for the overnight interest rate. This rate is defined as the rate at which major participants in the money market borrow and lend one-day funds to each other. Content Type(s): Press, Market notices
March 9, 2006 Renewing the IMF: Some Lessons from Modern Central Banking Remarks Tiff Macklem Global Interdependence Center Philadelphia, Pennsylvania As economies have become more interconnected through trade and financial flows in a truly global marketplace, economic developments in one location can quickly have repercussions on the other side of the globe. In 1997, what began as a currency devaluation in Thailand became a crisis with repercussions not just in Asia, but in countries as far away as Russia, Brazil, and Canada. Content Type(s): Press, Speeches and appearances, Remarks
March 7, 2006 Bank of Canada raises overnight rate target by 1/4 percentage point to 3 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 3/4 per cent. Content Type(s): Press, Press releases
March 1, 2006 A Primer on Canada’s Large Value Transfer System Darcey McVanel, Neville Arjani This paper provides a comprehensive overview of Canada’s Large Value Transfer System (LVTS). Content Type(s): Background materials
February 7, 2006 Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence Media Relations Ottawa, Ontario Effective today, the Bank of Canada is inviting nominations for the third annual Law Enforcement Award of Excellence for Counterfeit Deterrence. Content Type(s): Press, Press releases
February 6, 2006 Global Imbalances and the Canadian Economy Remarks David Dodge Barbados International Business Association Bridgetown, Barbados Canada and Barbados may not have much in common in terms of climate, but we both have very open economies. So we both rely on good economic performance globally for good performance domestically. Content Type(s): Press, Speeches and appearances, Remarks
February 1, 2006 Inflation Targeting: Problems and Opportunities Proceedings of a Conference Co-sponsored by the New York Association for Business Economics and the Canadian Consulate General in New York, February 2006 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
February 1, 2006 Global Economic Trends: Implications for Canada Remarks Paul Jenkins Saint John Board of Trade Saint John, New Brunswick World economic growth has been remarkably strong over the past three years, averaging close to 4 1/4 per cent, and it is expected to stay around 4 per cent this year and next. Content Type(s): Press, Speeches and appearances, Remarks
January 30, 2006 Annual Report 2005 In 2005, the Bank of Canada celebrated its 70th anniversary. Since the Bank opened its doors in March 1935, it has evolved into a national institution at the heart of Canada’s economy. We had a lot to celebrate in 2005—particularly our progress over the past 70 yearsand our continuing contribution to the economic and financial well-being of Canadians. Content Type(s): Publications, Annual Report
January 26, 2006 Bank of Canada releases Monetary Policy Report Update Media Relations Ottawa, Ontario The Bank of Canada today released its Update to the October Monetary Policy Report (MPR). The Update discusses current economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases