June 15, 2010
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Professor Prasanna Gai as Special Adviser for 2010–11.
Press
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June 10, 2010
Bank of Canada Governor Mark Carney Outlines Core G-20 Agenda to Reduce Systemic Risk
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. -
June 10, 2010
The G-20’s Core Agenda to Reduce Systemic Risk
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. -
June 1, 2010
Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning of the overnight market
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. -
June 1, 2010
Re-Establishment of the Standard Operating Framework for the Implementation of Monetary Policy
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. -
May 26, 2010
Senate Committee on National Finance
At year-end 2009, there were 1.8 billion bank notes in circulation, with a total value of $55.5 billion – approximately $1,630 per Canadian. The Bank of Canada is not responsible for coins. Decisions on coinage rest with the federal government, in particular, the Department of Finance, and with the Royal Canadian Mint. -
May 17, 2010
Bank of Canada and U.S. Federal Reserve Publish Text of Swap Arrangement
Further to the 9 May 2010 announcement that the Bank of Canada and the U.S. Federal Reserve have agreed to the re-establishment of the US$30 billion swap facility (reciprocal currency arrangement), the Bank of Canada and the U.S. Federal Reserve today published the text of that swap arrangement. -
May 14, 2010
17th Annual Meetings of Gouverneurs des banques centrales des pays francophones
As part of events related to its 75th anniversary, the Bank of Canada hosted the 17th annual meetings of Gouverneurs des banques centrales des pays francophones in Montréal from 12 to 14 May 2010. -
May 9, 2010
Bank of Canada Announces Swap Facility with U.S. Federal Reserve as part of Coordinated Central Bank Actions
In response to the re-emergence of strains in U.S. dollar short-term funding markets in Europe, the Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank are announcing the re-establishment of temporary U.S. dollar liquidity swap facilities. -
May 7, 2010
The New Bank of Canada Commodity Price Index (BCPI)
The Bank of Canada today announced the introduction of a new Bank of Canada commodity price index (BCPI).