Press Releases

• August 16, 2007

  Bank of Canada welcomes initiatives to support the functioning of financial markets in Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada welcomes the initiatives announced today to support the asset-backed commercial paper market in Canada.

  Content Type(s): Press, Press releases
• August 15, 2007

  Bank of Canada Temporarily Expands List of Collateral Eligible for SPRA Transactions

  Media Relations Ottawa, Ontario

  As part of its continuing provision of liquidity in support of the efficient functioning of financial markets, the Bank of Canada announced today that it is temporarily expanding the list of collateral eligible for use by market participants in Special Purchase and Resale Agreements (SPRAs).

  Content Type(s): Press, Press releases
• August 9, 2007

  Bank of Canada issues statement on provision of liquidity to support the stability and efficient function of financial markets

  Media Relations Ottawa, Ontario

  In light of current market conditions, the Bank of Canada would like to assure financial market participants and the public that it will provide liquidity to support the stability of the Canadian financial system and the continued functioning of financial markets.

  Content Type(s): Press, Press releases
• July 25, 2007

  Bank of Canada releases 2008 schedule of dates for its policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its 2008 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 12, 2007

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  Economic growth and inflation in Canada in the first half of this year have been stronger than was expected in the April Monetary Policy Report.

  Content Type(s): Press, Press releases
• July 10, 2007

  Bank of Canada raises overnight rate target by 1/4 percentage point to 4 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 4 1/2 per cent.

  Content Type(s): Press, Press releases
• June 13, 2007

  Governor Dodge Discusses the Implications of Demographics on Monetary Policy

  Media Relations St. John's, Newfoundland and Labrador

  Demographic trends and the effect of Canada's aging population have begun to have an impact on the Canadian monetary policy, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases
• May 29, 2007

  Bank of Canada keeps target for the overnight rate at 4 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent.

  Content Type(s): Press, Press releases
• May 21, 2007

  Governor Dodge Says Leadership Needed to Strengthen International Institutions

  Media Relations Chicago, Illinois

  The global economy could run more smoothly if G-7 countries showed the leadership that would strengthen international financial institutions, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases
• May 10, 2007

  Governor Dodge Discusses Need to Support Canada's Private Pension System

  Media Relations Toronto, Ontario

  Policy-makers need to make sure that Canada's system of private pensions provides the right incentives for risk to be managed appropriately, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases