June 18, 2010
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June 16, 2010
Fortune Favours the Bold
Remarks
Mark Carney
Greater Charlottetown Area Chamber of Commerce
Charlottetown, Prince Edward Island
From the end of 2008 to the middle of last year, Canada experienced a short, sharp recession. With the exception of government spending, all major components of aggregate demand declined, and industrial production dropped 15 per cent. Canadian exporters suffered particularly, owing to the sharp fall in the components of U.S. economic activity that matter most for Canada.
Content Type(s):
Press,
Speeches and appearances,
Remarks
June 10, 2010
The G-20’s Core Agenda to Reduce Systemic Risk
Given this failure, the G-20’s agenda to reshape the global financial system is comprehensive and radical. The coming weeks and months will be pivotal to its success. The time for debate and discussion is drawing to a close. Policymakers now need to decide and to implement.
Content Type(s):
Press,
Speeches and appearances,
Remarks
May 26, 2010
Senate Committee on National Finance
At year-end 2009, there were 1.8 billion bank notes in circulation, with a total value of $55.5 billion – approximately $1,630 per Canadian. The Bank of Canada is not responsible for coins. Decisions on coinage rest with the federal government, in particular, the Department of Finance, and with the Royal Canadian Mint.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
May 6, 2010
Is There a Commodity Curse? Lessons from the Past
Remarks
John Murray
University of Alberta Institute for Public Economics and C.D. Howe Institute
Edmonton, Alberta
As the title of the conference suggests, we have seen many boom-and-bust cycles in the commodity sector. This raises one obvious and central question: How can we avoid them in the future?
Content Type(s):
Press,
Speeches and appearances,
Remarks