News

• 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 29, 2010

  Governor Carney appointed Chairman of the Committee on the Global Financial System

  Media Relations Basel, Switzerland

  Governor Mark Carney has been named Chairman of the Committee on the Global Financial System (CGFS), a forum for central banks to discuss policy issues related to financial markets and systems.

  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 22, 2010

  Risks to Canada's Financial Stability in an Uncertain World

  Remarks Timothy Lane Winnipeg CFA Society Winnipeg, Manitoba

  The recent past has underscored the fact that, in finance and the economy, most things are interconnected on a global scale. Throughout its history, Canada has been powerfully affected by events elsewhere.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 18, 2010

  Fortune Favours the Bold

  Remarks Mark Carney Newfoundland Oil & Gas Industries Association St. John's, Newfoundland and Labrador

  From the end of 2008 to the middle of last year, Canada experienced a short, sharp recession. With the exception of government spending, all major components of aggregate demand declined, and industrial production dropped 15 per cent.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 16, 2010

  A Bold Response Is Required to Secure the Economic Recovery, Says Bank of Canada Governor Mark Carney

  Media Relations Charlottetown, Prince Edward Island

  The recent recession was not an ordinary downturn, and a bold response from the public and private sectors in Canada and globally is required to secure the economic recovery, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• June 16, 2010

  Fortune Favours the Bold

  Remarks Mark Carney Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island

  From the end of 2008 to the middle of last year, Canada experienced a short, sharp recession. With the exception of government spending, all major components of aggregate demand declined, and industrial production dropped 15 per cent. Canadian exporters suffered particularly, owing to the sharp fall in the components of U.S. economic activity that matter most for Canada.

  Content Type(s): Press, Speeches and appearances, Remarks
• 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 10, 2010

  Bank of Canada Governor Mark Carney Outlines Core G-20 Agenda to Reduce Systemic Risk

  Media Relations Montréal, Quebec

  G-20 leaders are working towards global reforms that will put the world’s financial system on a more solid footing, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• June 10, 2010

  The G-20’s Core Agenda to Reduce Systemic Risk

  Remarks Mark Carney International Organization of Securities Commissions (IOSCO) Montréal, Quebec

  Given this failure, the G-20’s agenda to reshape the global financial system is comprehensive and radical. The coming weeks and months will be pivotal to its success. The time for debate and discussion is drawing to a close. Policymakers now need to decide and to implement.

  Content Type(s): Press, Speeches and appearances, Remarks