Press Releases
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October 14, 2012
Statement by Bank of Canada Governor Mark Carney on the Passing of Former Governor James E. Coyne
The Bank of Canada mourns the passing of its former Governor, James Coyne, who died on 12 October. -
October 4, 2012
Bank of Canada Calls for Nominations for the 2013 Fellowship and Governor’s Awards
The Bank of Canada calls for nominations for the 2013 Fellowship and Governor’s Awards. -
September 7, 2012
Elevated Commodity Prices “Unambiguously Good” for Canada, Says Bank of Canada Governor Mark Carney
The global commodities boom drives enormous benefits for Canada, including higher incomes and greater economic security, Bank of Canada Governor Mark Carney said today in a speech to the 2012 Spruce Meadows Changing Fortunes: Global Economies Round Table. “Most fundamentally, higher commodity prices are unambiguously good for Canada,” Governor Carney told delegates. “The strength of […] -
September 5, 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. -
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. […] -
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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 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.