More than seven months after financial market turbulence began, policy-makers and market participants are entering a new phase, where shortcomings in the current system are better understood and improvements are beginning to be made, Bank of Canada Governor Mark Carney said today in a speech to the Toronto Board of Trade.
Canada has adjusted well to sharp movements in its terms of trade and is enjoying the many benefits of a globalized economy, Bank of Canada Governor Mark Carney said today in a speech to the British Columbia Chamber of Commerce and the Business Council of British Columbia.
The Board of Directors of the Bank of Canada today announced the appointment of John D. Murray as Deputy Governor of the Bank and a member of the Bank's Governing Council, effective 4 January 2008.
Beginning today, the Bank of Canada is inviting nominations for the fifth annual Law Enforcement Award of Excellence for Counterfeit Deterrence. This award recognizes police officers, employees, or volunteers of a Canadian law-enforcement agency who have demonstrated outstanding commitment and initiative in counterfeiting deterrence and prevention.
Recent market events have shown how important it is to have appropriate levels of transparency and disclosure of information for financial markets to function well, Bank of Canada Governor David Dodge said today.