March 1, 2011
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January 18, 2011
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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December 13, 2010
Perceptions of Low Rates Raise Risks, Bank of Canada Governor Mark Carney Says
Cyclical and structural factors have led to a low-interest-rate environment, Bank of Canada Governor Mark Carney said today in a speech that reviewed the implications of such an environment for financial stability and economic growth in Canada and globally.
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December 8, 2010
Bank of Canada Announces Closure of Optical Security Material Division and Sale of Related Assets
The Bank of Canada announced today that it is closing its Optical Security Material (OSM) division and selling all of its related assets.
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December 7, 2010
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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Press,
Press releases
November 9, 2010
Financial Reforms Should Support Economic Growth, Says Bank of Canada Governor Mark Carney
Canada fared relatively well during the global crisis, as a result of good policy and, in retrospect, some good fortune, Bank of Canada Governor Mark Carney said today in a speech to the International Center for Monetary and Banking Studies in Geneva, Switzerland.
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October 19, 2010
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.
Content Type(s):
Press,
Press releases
September 30, 2010
Bank of Canada Governor Mark Carney Discusses Employment in a Modest Recovery
The global economy is entering a new phase of unusual uncertainty and the recovery can be expected to be modest and uneven, Bank of Canada Governor Mark Carney told the Windsor-Essex Chamber of Commerce today.
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September 14, 2010
Economic Case for Global Financial Sector Reform Compelling, Bank of Canada Governor Mark Carney Says
The economic case for global financial sector reform is compelling, and the basic stakes are enormous, Bank of Canada Governor Mark Carney argued today in Berlin in a lecture that focused on the costs and benefits of reform. "Without credible, coordinated financial reforms, we risk losing the open trading and financial system that has underpinned the economic miracle of recent times," he said.
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September 10, 2010
Renewed faith in the international monetary system is essential for G20 success, says Bank of Canada Governor Mark Carney
Bank of Canada Governor Mark Carney today urged the world's leading nations to ensure that their domestic policies are consistent with the G-20 framework for strong, sustainable, and balanced growth and to support the G-20 financial system reforms.
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