December 11, 2012
News
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December 11, 2012
Central Bank Policy Guidance May Be Most Useful in Extraordinary Times, Says Bank of Canada Governor Mark Carney
While transparency is critical to well-functioning capital markets and effective monetary policy, forward policy guidance is best used sparingly by central banks in normal times, Bank of Canada Governor Mark Carney said today. In a speech to the Toronto CFA Society, the Governor discussed where policy guidance can be most effective and when it may […] -
December 6, 2012
Financial System Review - December 2012
The Governing Council judges that the risks to the stability of Canada’s financial system remain high, as they were at the time of the June FSR. The sources of the key risks are similar to those highlighted in June, and emanate primarily from the external environment. -
December 4, 2012
Bank of Canada maintains overnight rate target at 1 per cent
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. -
November 27, 2012
The Great Frustration: Hesitant Steps Toward Global Growth and Rebalancing
Deputy Governor John Murray discusses global growth and rebalancing. -
November 26, 2012
Bank of Canada Governor Mark Carney Appointed Governor of the Bank of England
The Bank of Canada announced that Her Majesty the Queen has approved the appointment of Mark Carney as Governor of the Bank of England effective 1 July 2013. He will serve a five-year term. Governor Carney will continue to serve in his current position until 1 June to ensure a smooth transition to the next […] -
November 21, 2012
Weathering the Headwinds to Canada’s Economic Growth
Deputy Governor Tim Lane will discuss the global and Canadian economic outlook and outline the four main responsibilities of the Bank of Canada. -
November 15, 2012
Bank of Canada Review - Autumn 2012
This issue features four articles that present research and analysis by Bank staff. The first focuses on financial transaction taxes; the second on the role of central counterparties in over-the-counter markets; and the third on monetary policy and the risk-taking channel, as seen in the lending behaviour of banks. The fourth article presents research findings on the use of retail payment instruments and discusses the implications of innovations in retail payments on the use of cash over the long term.
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November 14, 2012
Promoting economic and financial prosperity
Deputy Governor Agathe Côté will discuss the four main responsibilities of the Bank and its economic outlook. -
November 8, 2012
Some Current Issues in Financial Reform
Governor Mark Carney discusses financial system reform in a speech to the Canadian Club of Montréal.