Press

• July 31, 2008

  Bank of Canada releases 2009 schedule of dates for its policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its 2009 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 29, 2008

  Bank of Canada announces the appointment of Mark E. Caplan as Senior Representative and Director of its Toronto Office (Financial Markets)

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the appointment of Mark E. Caplan as Senior Representative and Director, Toronto Office (Financial Markets), effective September 2008. Mr. Caplan will replace Ross MacKinnon, who is retiring.

  Content Type(s): Press, Press releases
• July 17, 2008

  Release of the Monetary Policy Report Update

  Opening statement Mark Carney

  In the Update, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in certain commodity prices, particularly energy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 17, 2008

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its July Monetary Policy Report Update. In it, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in the prices of certain commodities, particularly energy.

  Content Type(s): Press, Press releases
• July 15, 2008

  Bank of Canada keeps overnight rate target at 3 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent.

  Content Type(s): Press, Press releases
• July 10, 2008

  Bank of Canada Appoints Special Advisers

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Angelo Melino, Professor in the Department of Economics at the University of Toronto, and Frank Milne, BMO Professor of Economics and Finance in the Department of Economics at Queen's University, as Special Advisers for the year 2008-09.

  Content Type(s): Press, Press releases
• July 8, 2008

  Bank of Canada Announces that Term PRA Maturing on 10 July will not be Renewed

  The Bank of Canada announced today that it will not renew the $1 billion term PRA maturing on 10 July.

  Content Type(s): Press, Market notices
• June 27, 2008

  Flexibility versus Credibility in Inflation-Targeting Frameworks

  Remarks Mark Carney 7th BIS Annual Conference Lucerne, Switzerland

  There are two broad classes of arguments for greater flexibility in the design and application of monetary policy frameworks. The BIS has done a great deal of useful work on asset-price targeting in particular and on the complicated interplay between monetary policy and financial stability in general.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 25, 2008

  United States Treasury Securities Accepted as Collateral for the Bank of Canada's Standing Liquidity Facility

  Further to its 12 December 2007 announcement, the Bank of Canada is expanding the list of securities eligible to be pledged as collateral for the Standing Liquidity Facility to include marketable securities issued by the United States Treasury (bills, notes and bonds, including Treasury Inflation-Protected Securities).

  Content Type(s): Press, Market notices
• June 23, 2008

  Bank of Canada Announces that Term PRA Maturing on 26 June will not be Renewed

  The Bank of Canada announced today that it will not renew the $1 billion term PRA maturing on 26 June.

  Content Type(s): Press, Market notices