Ottawa, Ontario

• April 23, 2009

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  In the Report, the Bank noted that in an environment of continued high uncertainty, the global recession has intensified and become more synchronous since the Bank's January Monetary Policy Report Update, with weaker-than-expected activity in all major economies.

  Content Type(s): Press, Press releases
• April 21, 2009

  Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 1/4 per cent, which the Bank judges to be the effective lower bound for that rate.

  Content Type(s): Press, Press releases
• April 9, 2009

  Bank of Canada Appoints Two Advisers

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointments of David Wolf to the permanent position of Adviser and Jean Boivin to the rotating role of Special Adviser for the term 2009-2010.

  Content Type(s): Press, Press releases
• April 3, 2009

  The Bank of Canada Releases Its Annual Report for 2008

  Media Relations Ottawa, Ontario

  The Bank of Canada's Annual Report for 2008 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• March 18, 2009

  Bank of Canada Announces Recipients of 2009 Fellowship and Governor's Awards

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that Professor David Andolfatto of Simon Fraser University is the recipient of the Bank's Research Fellowship for 2009.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• March 5, 2009

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Pierre Duguay House of Commons Standing Committee on Finance Ottawa, Ontario

  As we have consistently emphasized, stabilization of the global financial system is a precondition for economic recovery, both globally and in Canada. To that end, policy-makers around the globe have acted aggressively and creatively by initiating a series of unprecedented actions aimed at stabilizing the global financial system.

  Content Type(s): Press, Speeches and appearances, Opening statements
• March 3, 2009

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

  Media Relations Ottawa, Ontario

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

  Content Type(s): Press, Press releases
• February 18, 2009

  Bank of Canada announces Deputy Governor appointment

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Timothy D. Lane as Deputy Governor and member of the Governing Council of the Bank effective 18 February.

  Content Type(s): Press, Press releases
• February 10, 2009

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Mark Carney House of Commons Standing Committee on Finance Ottawa, Ontario

  Let me state at the outset that the speed and synchronized nature of the recent global downturn has resulted in a heightened degree of uncertainty, which is evident in the diverse views on the outlook.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 22, 2009

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  In the Update, the Bank noted that the outlook for the global economy has deteriorated since the October Monetary Policy Report, with the intensifying financial crisis spilling over into real economic activity.

  Content Type(s): Press, Press releases