January 18, 2012
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report.
News
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January 17, 2012
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. -
January 9, 2012
Business Outlook Survey - Winter 2011-12
Responses to the winter survey suggest that the global economic outlook and concerns about demand continue to weigh on firms’ expectations for business activity. -
January 9, 2012
Senior Loan Officer Survey - Fourth-Quarter 2011
The survey results indicate almost no change in overall business-lending conditions during the fourth quarter of 2011. This follows several consecutive quarters of easing credit conditions for business borrowers. -
December 16, 2011
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Evan W. Siddall as Special Adviser to the Governor. -
December 12, 2011
Growth in the Age of Deleveraging
Governor Mark Carney discusses the factors driving global deleveraging and the implications for economic growth in Canada. -
December 12, 2011
Prolonged Period of Deleveraging Ahead, Says Bank of Canada Governor Mark Carney
The world’s advanced economies are entering a prolonged period of deleveraging after several decades of accumulating debt, Bank of Canada Governor Mark Carney said today. “The direction may be clear, but the magnitude and abruptness of the process are not. It could be long and orderly or it could be sharp and chaotic.” “In general, […] -
December 8, 2011
Financial System Review - December 2011
In this issue of the Financial System Review, the Bank of Canada’s Governing Council judges that the risks to the stability of Canada’s financial system are high and have increased markedly over the past six months, owing primarily to an escalation of the sovereign debt crisis in the euro area and a weaker global economic outlook.
Erratum: The data for Chart 7 on page 8 were plotted incorrectly. See revised chart.
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December 6, 2011
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. -
November 29, 2011
With a Little Help from Your Friends: The Virtues of Global Economic Coordination
Deputy Governor John Murray discusses the importance of global economic policy coordination in a speech at the State University of New York College in Plattsburgh, New York.