September 3, 2008
News
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August 26, 2008
Bank of Canada Announces the Recipients of its 2008 Law Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada is pleased to announce the recipients of its 2008 Law Enforcement Award of Excellence for Counterfeit Deterrence. -
August 26, 2008
Work in Progress: The Bank of Canada's Response to the Financial Turbulence
The financial turbulence over the past year has been costly and difficult for many individuals and financial institutions; it's been challenging for policy-makers; and it's had implications for the overall economy. -
July 31, 2008
Bank of Canada releases 2009 schedule of dates for its policy interest rate announcements
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. -
July 29, 2008
Bank of Canada announces the appointment of Mark E. Caplan as Senior Representative and Director of its Toronto Office (Financial Markets)
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. -
July 17, 2008
Release of the Monetary Policy Report Update
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. -
July 17, 2008
Bank of Canada releases Monetary Policy Report Update
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. -
July 15, 2008
Bank of Canada keeps overnight rate target at 3 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent. -
July 10, 2008
Bank of Canada Appoints Special Advisers
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. -
June 27, 2008
Flexibility versus Credibility in Inflation-Targeting Frameworks
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.