Charlottetown, Prince Edward Island

• June 16, 2010

  A Bold Response Is Required to Secure the Economic Recovery, Says Bank of Canada Governor Mark Carney

  Media Relations Charlottetown, Prince Edward Island

  The recent recession was not an ordinary downturn, and a bold response from the public and private sectors in Canada and globally is required to secure the economic recovery, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• June 16, 2010

  Fortune Favours the Bold

  Remarks Mark Carney Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island

  From the end of 2008 to the middle of last year, Canada experienced a short, sharp recession. With the exception of government spending, all major components of aggregate demand declined, and industrial production dropped 15 per cent. Canadian exporters suffered particularly, owing to the sharp fall in the components of U.S. economic activity that matter most for Canada.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 2, 1999

  The Challenges for Canadian Monetary Policy in the Year 2000

  Remarks Gordon Thiessen the Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island

  Monetary policy actions take a relatively long time to affect the economy and inflation—anywhere between 12 to 24 months. Because of this, central banks must always look ahead and must put in place today the monetary conditions that are needed to help keep the economy on a sustainable path down the road. By 'sustainable' I mean a situation where economic growth and job creation are not at risk from rising inflation.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 2, 1999

  Bank of Canada Governor speaks to the Greater Charlottetown Area Chamber of Commerce

  Media Relations Charlottetown, Prince Edward Island

  The Bank of Canada expects a positive economic picture going into next year, Bank of Canada Governor Gordon Thiessen told the Greater Charlottetown Area Chamber of Commerce today.

  Content Type(s): Press, Press releases