July 15, 2008
Bank of Canada keeps overnight rate target at 3 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent.
Press Releases
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July 10, 2008
Bank of Canada Appoints Special Advisers
The Bank of Canada today announced the appointment of Angelo Melino, Professor in the Department of Economics at the University of Toronto, and Frank Milne, BMO Professor of Economics and Finance in the Department of Economics at Queen's University, as Special Advisers for the year 2008-09. -
June 19, 2008
Governor Carney Discusses the Role of Monetary Policy in the Face of the Commodities Boom
The best contribution that the Bank of Canada can make to help all Canadians reap the benefits of the current commodities boom is to remain focused on achieving its inflation target, Governor Mark Carney said today in a speech to the Commodities, the Economy, and Money conference. -
June 10, 2008
Bank of Canada keeps overnight rate target at 3 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent. -
May 22, 2008
Bank of Canada Governor Outlines Principles for Liquid Markets
Central banks have been more active in providing liquidity support for key markets throughout the recent financial market turbulence because well-functioning markets are important for the conduct of monetary policy and the efficient operation of the economy, Bank of Canada Governor Mark Carney said today in a speech to the New York Association for Business Economics. -
May 9, 2008
Bank of Canada Hosts CEMLA Meetings
The Centre for Latin American Monetary Studies (Centro de Estudios Monetarios Latinoamericanos or CEMLA) concluded its Governors' Meetings today, hosted by the Bank of Canada. -
April 28, 2008
Counterfeit $100 notes discovered: Bank of Canada and the Toronto Police Service remind the public and retailers to be vigilant
The Bank of Canada and the Toronto Police Service are reminding the public and retailers to pay close attention to the bank notes they receive. A number of counterfeit $100 notes have been passed mainly in the Greater Toronto Area in the last few weeks. -
April 24, 2008
Bank of Canada releases Monetary Policy Report
Bank of Canada today released its April Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy. -
April 22, 2008
Bank of Canada lowers overnight rate target by 1/2 percentage point to 3 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 3 per cent. -
March 18, 2008
Bank of Canada Announces Recipients of Fellowship Award for 2008
The Bank of Canada today announced that Professor Michael Devereux of the University of British Columbia and Professor Shouyong Shi of the University of Toronto are the recipients of the Bank's Research Fellowship for 2008.