Press Releases

• March 26, 2011

  Bank of Canada Governor Mark Carney discusses Challenges Posed by Globalization, Proposes Global Code of Conduct for Capital Flows

  Media Relations Calgary, Alberta

  Speaking at the Annual Meeting of the Inter-American Development Bank, Bank of Canada Governor Mark Carney called on global policymakers to work towards renewing the “rules of the game” of the international monetary system, while implementing short-term measures, such as a code of conduct for capital flows, to improve the functioning of the current system.

  Content Type(s): Press, Press releases
• March 17, 2011

  Statement of G7 Finance Ministers and Central Bank Governors

  Media Relations

  We, the G7 Finance Ministers and central bank governors, discussed the recent dramatic events in Japan and were briefed by our Japanese colleagues on the current situation and the economic and financial response put in place by the authorities.

  Content Type(s): Press, Press releases
• March 10, 2011

  Bank of Canada Announces Further Details on New Series of Polymer Bank Notes

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it will begin circulating a new $100 polymer bank note in November 2011, with a polymer $50 note to follow in March 2012. The Bank also provided further technical and background information about the new bank notes.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• March 1, 2011

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• January 18, 2011

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• December 13, 2010

  Perceptions of Low Rates Raise Risks, Bank of Canada Governor Mark Carney Says

  Media Relations Toronto, Ontario

  Cyclical and structural factors have led to a low-interest-rate environment, Bank of Canada Governor Mark Carney said today in a speech that reviewed the implications of such an environment for financial stability and economic growth in Canada and globally.

  Content Type(s): Press, Press releases
• December 8, 2010

  Bank of Canada Announces Closure of Optical Security Material Division and Sale of Related Assets

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that it is closing its Optical Security Material (OSM) division and selling all of its related assets.

  Content Type(s): Press, Press releases
• December 7, 2010

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• November 9, 2010

  Financial Reforms Should Support Economic Growth, Says Bank of Canada Governor Mark Carney

  Media Relations Geneva, Switzerland

  Canada fared relatively well during the global crisis, as a result of good policy and, in retrospect, some good fortune, Bank of Canada Governor Mark Carney said today in a speech to the International Center for Monetary and Banking Studies in Geneva, Switzerland.

  Content Type(s): Press, Press releases
• October 19, 2010

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases