April 3, 2009
The Bank of Canada Releases Its Annual Report for 2008
The Bank of Canada's Annual Report for 2008 was tabled in the House of Commons today.
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April 1, 2009
Sound Policy Measures will Rebuild Confidence, Guide Economies Through Challenging Times, says Governor Carney
Although the global and Canadian economies are in recessions triggered by the most severe financial meltdown since the 1930s, Canadians can have confidence that unprecedented policy measures will restore growth, Bank of Canada Governor Mark Carney said today.
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April 1, 2009
Rebuilding Confidence in the Global Economy
Remarks
Mark Carney
Northwest Territories Chamber of Commerce and Yellowknife Chamber of Commerce
Yellowknife, Northwest Territories
These are very challenging times. The Canadian economy is in recession. The global economy is facing a crisis of confidence, triggered by the most severe financial meltdown since the Great Depression; fanned by sharp falls in trade, manufacturing output, and financial wealth; and intensified by steep increases in unemployment.
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March 30, 2009
Canada Offers Important Perspective as G-20 Leaders Pursue Critical Financial Reforms: Governor Carney
As Canadian and international policy-makers work to create a more stable, efficient global financial system, Canada has much to offer from its own experience, Bank of Canada Governor Mark Carney said today.
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March 30, 2009
What Are Banks Really For?
Across the world's major economies, addressing the failures of banking ranks among the highest policy priorities. In the harsh glare of the current financial turmoil, it is clear that many banks outside of Canada were either not doing their jobs or were doing them in ways that created enormous risks.
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