August 22, 2012
News
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August 22, 2012
Global financial reform essential for sustainable jobs, says Bank of Canada Governor Mark Carney
Globalisation is changing the nature of production and driving up the demand for skilled workers in advanced economies, including Canada, Bank of Canada Governor Mark Carney said today in a speech at a Canadian Auto Workers convention. “We all need to recognize that the durable, high-paying manufacturing jobs of the future will be located in […] -
August 21, 2012
Bank of Canada Announces the Recipient of its 2012 Law Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada is pleased to announce the recipient of its 2012 Law Enforcement Award of Excellence for Counterfeit Deterrence. The RCMP Integrated Counterfeit Enforcement Team, based in Surrey, British Columbia, was honoured for the second consecutive year during the annual conference of the Canadian Association of Chiefs of Police in Sydney, Nova Scotia. […] -
August 21, 2012
Modelling Risks to the Financial System
Deputy Governor Agathe Côté discusses the challenges of assessing risks to the financial system and describes models developed by the Bank of Canada to identify, measure, and analyze sources of risk. -
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August 16, 2012
Bank of Canada Review - Summer 2012
This issue features three articles that present research and analysis by Bank of Canada staff. The first updates previous Bank estimates of measurement bias in the Canadian consumer price index; the second uses a new term-structure model to analyze the relationship between the short-term policy rate and long-term interest rates; and the third examines indicators of balance-sheet risks at financial institutions in Canada.
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August 3, 2012
Bank of Canada Publishes 2013 Schedule for Policy Interest Rate Announcements and Monetary Policy Report Releases
The Bank of Canada released its 2013 schedule of key policy interest rate announcements and quarterly Monetary Policy Reports (MPR), and announced that in 2013, it will begin concurrent publication of the MPR with its January, April, July, and October rate announcements. -
July 18, 2012
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
July 18, 2012
Monetary Policy Report – July 2012
The Bank projects that the economy will grow by 2.1 per cent in 2012, 2.3 per cent in 2013 and 2.5 per cent in 2014. The economy is expected to reach full capacity in the second half of 2013.
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July 17, 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.