November 8, 2011
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November 8, 2011
Global Liquidity Is Having a Major Impact on Financial Stability and Economic Growth, Says Bank of Canada Governor Mark Carney
Large, abrupt fluctuations in global liquidity are having a major impact on global financial stability and economic growth, Bank of Canada Governor Mark Carney said today in a speech to the Canada-United Kingdom Chamber of Commerce. “Over the medium term, the continuation of such extreme liquidity cycles could ultimately threaten open capital markets and a […]
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November 4, 2011
Bank of Canada Governor Mark Carney Appointed Chairman of Financial Stability Board
Bank of Canada Governor Mark Carney has been named Chairman of the Financial Stability Board (FSB).
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November 2, 2011
Opening Statement before the Senate Standing Committee on National Finance
Good evening. Tiff and I are pleased to be here with you today to discuss retail price differentials between Canada and the United States. The mandate of the Bank of Canada is to enhance the well-being of Canadians by contributing to sustained economic growth. The single, most direct contribution that monetary policy can make to […]
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November 2, 2011
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Opening statement
Mark Carney
Standing Senate Committee on Banking, Trade and Commerce
Ottawa, Ontario
Good afternoon. Tiff and I are pleased to be here with you today to discuss the October Monetary Policy Report, which the Bank published last week. The global economy has slowed markedly as several downside risks to the projection outlined in the Bank’s July MPR have been realized. Volatility has increased and there has been […]
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