October 23, 2008
Media Relations
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October 21, 2008
Bank of Canada lowers overnight rate target by 1/4 percentage point to 2 1/4 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/2 per cent.
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October 8, 2008
Central Banks Announce Coordinated Interest Rate Reductions
Throughout the current financial crisis, central banks have engaged in continuous close consultation and have cooperated in unprecedented joint actions such as the provision of liquidity to reduce strains in financial markets.
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September 25, 2008
Governor Carney Discusses Impact of Recent International Developments
The world is grappling with dramatic events that have seized up markets, sparked a massive flight to quality and caused some great names in the world of finance to succumb, Bank of Canada Governor Mark Carney said today.
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September 15, 2008
Counterfeit $100 bills circulating in the Greater Montréal Area
The Bank of Canada, the Royal Canadian Mounted Police, the Sûreté du Québec, and the Service de Police de la Ville de Montréal are warning the public that counterfeit $100 notes of the latestbank note series (the series that features a metallic stripe) are circulating in the Greater Montréal Area.
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