Press Releases

• January 27, 2009

  Bank of Canada's continued focus on inflation right for current economic times: Governor Carney

  Media Relations Halifax, Nova Scotia

  Canadians can be confident that monetary policy will maintain a "relentless" focus on controlling inflation, whether it rises above or drops below the official target range, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• January 22, 2009

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  In the Update, the Bank noted that the outlook for the global economy has deteriorated since the October Monetary Policy Report, with the intensifying financial crisis spilling over into real economic activity.

  Content Type(s): Press, Press releases
• January 20, 2009

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

  Media Relations Ottawa, Ontario

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

  Content Type(s): Press, Press releases