September 20, 2011
Recent Economic Developments
Governor Mark Carney discusses the changing global economic environment and the significant challenges and opportunities it presents for Canada.
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September 19, 2011
Curbing Contagion: Options and Challenges for Building More Robust Financial Market Infrastructure
Deputy Governor Tim Lane discusses the options and challenges for building more robust financial market infrastructure. -
September 13, 2011
Bank of Canada Calls for Nominations for the 2012 Fellowship and Governor’s Awards
The Bank of Canada calls for nominations for the 2012 Fellowship and Governor’s Awards. -
September 7, 2011
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. -
August 24, 2011
Quarterly Financial Report - Second Quarter 2011
Quarterly Financial Report - Second Quarter, 2011 - For the period ended 30 June 2011 -
August 24, 2011
The Role of the G-20 in Sustaining the Recovery and Protecting Financial Stability
In his speech, Senior Deputy Governor Tiff Macklem discusses the G-20 reform agenda to achieve durable financial stability and sustainable and balanced economic growth. -
August 23, 2011
Bank of Canada Announces the Recipient of Its 2011 Law Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada announces that the recipient of its 2011 Law Enforcement Award of Excellence for Counterfeit Deterrence is the RCMP Integrated Counterfeit Enforcement Team in Surrey, British Columbia. -
August 23, 2011
How People Think and How It Matters
In his speech entitled “How People Think and How it Matters,” delivered to the Canadian Association for Business Economics, Deputy Governor Jean Boivin reviews various ways people form expectations and how these affect monetary policy. -
August 19, 2011
Opening Statement before the House of Commons Standing Committee on Finance
Thank you for this opportunity to appear here today. Recent Economic and Financial Developments In recent weeks, several downside risks to the Bank’s July Monetary Policy Report (MPR) projection have been realised. The European sovereign crisis has intensified, the U.S. credit rating has been downgraded, and a broad range of data has signalled slower global […] -
Analyzing Default Risk and Liquidity Demand during a Financial Crisis: The Case of Canada
This paper explores the reliability of using prices of credit default swap contracts (CDS) as indicators of default probabilities during the 2007/2008 financial crisis.