September 7, 2012
Dutch Disease
Governor Mark Carney discusses the impact of high commodity prices for the Canadian economy.
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September 7, 2012
Elevated Commodity Prices “Unambiguously Good” for Canada, Says Bank of Canada Governor Mark Carney
The global commodities boom drives enormous benefits for Canada, including higher incomes and greater economic security, Bank of Canada Governor Mark Carney said today in a speech to the 2012 Spruce Meadows Changing Fortunes: Global Economies Round Table. “Most fundamentally, higher commodity prices are unambiguously good for Canada,” Governor Carney told delegates. “The strength of […]
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September 5, 2012
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
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August 22, 2012
Globalisation, Financial Stability and Employment
Governor Mark Carney discusses globalization, financial stability and employment.
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August 22, 2012
Global financial reform essential for sustainable jobs, says Bank of Canada Governor Mark Carney
Globalisation is changing the nature of production and driving up the demand for skilled workers in advanced economies, including Canada, Bank of Canada Governor Mark Carney said today in a speech at a Canadian Auto Workers convention. “We all need to recognize that the durable, high-paying manufacturing jobs of the future will be located in […]
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