Press

• March 10, 2006

  Bank of Canada Announces Research Fellowship for 2006

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that Professor Gregor Smith of Queen's University is the recipient of the Bank's Research Fellowship for 2006.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• 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
• 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

  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 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
• January 26, 2006

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  The Canadian and world economies are evolving essentially in line with the Bank's expectations, and the outlook for growth and inflation in Canada is similar to that in the October MPR. Canada's economy continues to adjust to global developments and to the associated changes in relative prices.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 24, 2006

  Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/2 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 1/2 per cent.

  Content Type(s): Press, Press releases