Press

• June 16, 2010

  Fortune Favours the Bold

  Remarks Mark Carney Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island

  From the end of 2008 to the middle of last year, Canada experienced a short, sharp recession. With the exception of government spending, all major components of aggregate demand declined, and industrial production dropped 15 per cent. Canadian exporters suffered particularly, owing to the sharp fall in the components of U.S. economic activity that matter most for Canada.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 15, 2010

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Professor Prasanna Gai as Special Adviser for 2010–11.

  Content Type(s): Press, Press releases
• June 10, 2010

  Bank of Canada Governor Mark Carney Outlines Core G-20 Agenda to Reduce Systemic Risk

  Media Relations Montréal, Quebec

  G-20 leaders are working towards global reforms that will put the world’s financial system on a more solid footing, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• June 10, 2010

  The G-20’s Core Agenda to Reduce Systemic Risk

  Remarks Mark Carney International Organization of Securities Commissions (IOSCO) Montréal, Quebec

  Given this failure, the G-20’s agenda to reshape the global financial system is comprehensive and radical. The coming weeks and months will be pivotal to its success. The time for debate and discussion is drawing to a close. Policymakers now need to decide and to implement.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 1, 2010

  Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning of the overnight market

  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 1/2 per cent.

  Content Type(s): Press, Press releases
• June 1, 2010

  Re-Establishment of the Standard Operating Framework for the Implementation of Monetary Policy

  Media Relations Ottawa, Ontario

  As part of the Bank of Canada's interest rate decision on 1 June 2010, the Bank will re-establish the standard operating framework for the implementation of monetary policy.

  Content Type(s): Press, Press releases