News

• December 13, 2010

  Perceptions of Low Rates Raise Risks, Bank of Canada Governor Mark Carney Says

  Media Relations Toronto, Ontario

  Cyclical and structural factors have led to a low-interest-rate environment, Bank of Canada Governor Mark Carney said today in a speech that reviewed the implications of such an environment for financial stability and economic growth in Canada and globally.

  Content Type(s): Press, Press releases
• December 13, 2010

  Living with Low for Long

  Remarks Mark Carney Economic Club of Canada Toronto, Ontario

  Current turbulence in Europe is a reminder that the crisis is not over, but has merely entered a new phase. In a world awash with debt, repairing the balance sheets of banks, households and countries will take years.

  Content Type(s): Press, Speeches and appearances, Remarks
• December 9, 2010

  Financial System Review - December 2010

  

  Although the global financial system continues to recover gradually from the unprecedented dislocations experienced in recent years, significant downside risks remain. Market concerns over acute fiscal strains in some euro-area countries have intensified sharply in recent weeks.

  FSR Highlights - December 2010

  Content Type(s): Publications, Financial Stability Report
• December 8, 2010

  Bank of Canada Announces Closure of Optical Security Material Division and Sale of Related Assets

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that it is closing its Optical Security Material (OSM) division and selling all of its related assets.

  Content Type(s): Press, Press releases
• December 7, 2010

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

  Content Type(s): Press, Press releases