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The reciprocal currency swap arrangement is part of the initiative announced today by the Government of Canada to promote increased trade and investment between Canada and China.

Lawrence Schembri, Deputy Governor of the Bank of Canada contributed an article entitled “Housing Finance in Canada: Looking Back to Move Forward” to the National Institute Economic Review.

Good morning, Mr. Chairman and committee members. I am pleased to introduce you to Carolyn Wilkins, who assumed the post of Senior Deputy Governor of the Bank of Canada on 2 May of this year. Before we take your questions, let me give you some of the highlights of the economic outlook. I’ll draw mainly […]

The Bank of Canada’s monetary policy is appropriate to return Canadian inflation to its 2 per cent target as worldwide economic uncertainty lingers, Governor Stephen S. Poloz said today in Toronto. The global economy is facing significant headwinds that could restrain growth for a prolonged period, including efforts by households and financial institutions to reduce their debt and those by governments to […]

Bank of Canada Governor Stephen S. Poloz discusses the legacy of the financial crisis, what we know and what we don’t.