News

• December 17, 2008

  From Hindsight to Foresight

  Remarks Mark Carney Women in Capital Markets Toronto, Ontario

  It has been a difficult year for capital markets professionals. The turmoil has deteriorated into a full-blown financial crisis. Most financial markets have experienced historic falls in prices, and some are strained to the point of closing.

  Content Type(s): Press, Speeches and appearances, Remarks
• December 17, 2008

  Governor Carney discusses key risks to financial system, advocates for macroprudential approach

  Media Relations Toronto, Ontario

  While measures taken to address the global financial crisis will be successful, policy-makers need to improve their ability to detect the next crisis before it occurs, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• December 9, 2008

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

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a percentage point to 1 1/2 per cent.

  Content Type(s): Press, Press releases