April 3, 2009
Bank of Canada to Sell Treasury Bills for Balance Sheet Management Purposes
The Bank of Canada announced today it will sell $2.10 billion of its holdings of treasury bills.
Press
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April 3, 2009
Bank of Canada Announces Details of its Term PRA for Private Sector Instruments Operation
In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector instruments announced on 6 March, the Bank of Canada announced today that it will conduct a 85-day term PRA operation for private sector instruments as follows. -
April 3, 2009
Bank of Canada Announces Details of its Term PRA Operation
In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 6 March, the Bank of Canada announced today that it will conduct a 84-day term PRA operation as follows. -
April 3, 2009
Bank of Canada Announces Details of its Term Loan Facility Operation
In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 6 March, the Bank of Canada announced today that it will conduct a 30-day TLF operation as follows: -
April 1, 2009
Sound Policy Measures will Rebuild Confidence, Guide Economies Through Challenging Times, says Governor Carney
Although the global and Canadian economies are in recessions triggered by the most severe financial meltdown since the 1930s, Canadians can have confidence that unprecedented policy measures will restore growth, Bank of Canada Governor Mark Carney said today. -
April 1, 2009
Rebuilding Confidence in the Global Economy
These are very challenging times. The Canadian economy is in recession. The global economy is facing a crisis of confidence, triggered by the most severe financial meltdown since the Great Depression; fanned by sharp falls in trade, manufacturing output, and financial wealth; and intensified by steep increases in unemployment. -
March 31, 2009
Results of the 31 March 2009 Term PRA Transaction for Private Sector Instruments
The results of today's term PRA operations are as follows. -
March 31, 2009
Bank of Canada Announces the Minimum Bid Rate for Today's Term PRA Facility for Private Sector Instruments
The minimum bid rate for today's 28-day Term PRA Facility for Private Sector Instruments is 0.70%. -
March 30, 2009
Canada Offers Important Perspective as G-20 Leaders Pursue Critical Financial Reforms: Governor Carney
As Canadian and international policy-makers work to create a more stable, efficient global financial system, Canada has much to offer from its own experience, Bank of Canada Governor Mark Carney said today. -
March 30, 2009
What Are Banks Really For?
Across the world's major economies, addressing the failures of banking ranks among the highest policy priorities. In the harsh glare of the current financial turmoil, it is clear that many banks outside of Canada were either not doing their jobs or were doing them in ways that created enormous risks.