April 28, 2008
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April 24, 2008
Bank of Canada releases Monetary Policy Report
Bank of Canada today released its April Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.
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April 24, 2008
Release of the Monetary Policy Report
Opening statement
Mark Carney
Growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated.
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Opening statements
April 22, 2008
Bank of Canada lowers overnight rate target by 1/2 percentage point to 3 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 3 per cent.
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Press,
Press releases
April 10, 2008
Credit Markets, Financial Stability, and Monetary Policy
Today, I'd like to discuss some of the crucial issues that we have been dealing with during this period. I'll begin with a brief overview of some key events that have led to the turbulence that continues to upset financial markets and that greatly contributed to the remarkably wide credit spreads that we now witness.
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Remarks