News

• November 9, 2011

  Bank of Canada Releases Background Information on Renewal of the Inflation-Control Target

  Media Relations Ottawa, Ontario

  The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which summarizes the key elements of Canada's inflation-targeting framework.

  Content Type(s): Press, Press releases
• November 8, 2011

  Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target

  Media Relations Ottawa, Ontario

  The primary objective of Canada's monetary policy is to enhance the well-being of Canadians by contributing to sustained economic growth, rising levels of employment and improved living standards.

  Content Type(s): Press, Press releases
• November 8, 2011

  Global Liquidity

  Remarks Mark Carney Canada-United Kingdom Chamber of Commerce London, United Kingdom

  Governor Mark Carney discusses how global liquidity cycles affect financial stability and economic growth, and what policy can do about it.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 8, 2011

  Global Liquidity Is Having a Major Impact on Financial Stability and Economic Growth, Says Bank of Canada Governor Mark Carney

  Media Relations London, United Kingdom

  Large, abrupt fluctuations in global liquidity are having a major impact on global financial stability and economic growth, Bank of Canada Governor Mark Carney said today in a speech to the Canada-United Kingdom Chamber of Commerce. “Over the medium term, the continuation of such extreme liquidity cycles could ultimately threaten open capital markets and a […]

  Content Type(s): Press, Press releases
• November 4, 2011

  Bank of Canada Governor Mark Carney Appointed Chairman of Financial Stability Board

  Media Relations Ottawa, Ontario

  Bank of Canada Governor Mark Carney has been named Chairman of the Financial Stability Board (FSB).

  Content Type(s): Press, Press releases
• November 2, 2011

  Opening Statement before the Senate Standing Committee on National Finance

  Opening statement Mark Carney Senate Standing Committee on National Finance Ottawa, Ontario

  Good evening. Tiff and I are pleased to be here with you today to discuss retail price differentials between Canada and the United States. The mandate of the Bank of Canada is to enhance the well-being of Canadians by contributing to sustained economic growth. The single, most direct contribution that monetary policy can make to […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• November 2, 2011

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Mark Carney Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario

  Good afternoon. Tiff and I are pleased to be here with you today to discuss the October Monetary Policy Report, which the Bank published last week. The global economy has slowed markedly as several downside risks to the projection outlined in the Bank’s July MPR have been realized. Volatility has increased and there has been […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• November 1, 2011

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of David T. Beers as Special Adviser to the Governor. Mr. Beers, who is currently Global Head, Sovereign and International Public Finance Ratings at Standard & Poor’s, will serve for an 18-month term, beginning on 1 February 2012.

  Content Type(s): Press, Press releases
• November 1, 2011

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Mark Carney House of Commons Standing Committee on Finance Ottawa, Ontario

  Good morning. Tiff and I are pleased to be here with you today to discuss the October Monetary Policy Report, which the Bank published last week. The global economy has slowed markedly as several downside risks to the projection outlined in the Bank’s July MPR have been realized. Volatility has increased and there has been […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 26, 2011

  Monetary Policy Report – October 2011

  

  The Bank projects that the economy will expand by 2.1 per cent in 2011, 1.9 per cent in 2012 and 2.9 per cent in 2013. Total CPI inflation is expected to trough around 1 per cent by the middle of 2012.

  Content Type(s): Publications, Monetary Policy Report