July 31, 2009
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July 21, 2009
Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.
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June 18, 2009
Financial System Stability is Key Determinant of Economy's Ability to Rebound from Global Shock, Governor Carney says
Despite the often discussed "green shoots" in the global economy, much hard work remains to be done before a recovery will take hold, Bank of Canada Governor Mark Carney said today.
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June 11, 2009
Path to Renewed Globalization Critical for New World Economic Order, Governor Carney says
Countries around the world must work toward a new global economy that is open, resilient, and responsible, Bank of Canada Governor Mark Carney said today, as he laid out an agenda for the renewal of globalization.
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June 4, 2009
Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.
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April 23, 2009
Bank of Canada releases Monetary Policy Report
In the Report, the Bank noted that in an environment of continued high uncertainty, the global recession has intensified and become more synchronous since the Bank's January Monetary Policy Report Update, with weaker-than-expected activity in all major economies.
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April 21, 2009
Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 1/4 per cent, which the Bank judges to be the effective lower bound for that rate.
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April 9, 2009
Bank of Canada Appoints Two Advisers
The Bank of Canada today announced the appointments of David Wolf to the permanent position of Adviser and Jean Boivin to the rotating role of Special Adviser for the term 2009-2010.
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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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