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May 19, 2009

When the Unconventional Becomes Conventional: Monetary Policy in Extraordinary Times

Remarks John Murray Global Interdependence Center Philadelphia, Pennsylvania
The financial turbulence that began in the U.S. subprime-mortgage market in August 2007 reached maximum intensity towards the end of 2008, and enveloped the entire global economy. Strains that had previously been concentrated in a few major financial centers turned into a full-blown crisis, affecting both industrial and emerging-market economies through trade, financial, and confidence channels.
May 6, 2009

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
These are difficult economic times, with the Canadian economy being buffeted by an intense and synchronized global recession. In recent months, that global recession has been exacerbated by delays in implementing measures to restore financial stability around the world.
April 28, 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
These are difficult economic times, with the Canadian economy being buffeted by an intense and synchronized global recession. In recent months, that global recession has been exacerbated by delays in implementing measures to restore financial stability around the world.
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