January 24, 2008 Bank of Canada releases Monetary Policy Report Update Media Relations Ottawa, Ontario The Bank of Canada today released its January Monetary Policy Report Update. Content Type(s): Press, Press releases
January 24, 2008 Release of the Monetary Policy Report Update Opening statement David Dodge The Canadian economy continues to operate above its production capacity, despite some slowing in growth and inflation in the fourth quarter of 2007. Financial conditions have deteriorated since October, leading to tighter credit conditions in industrialized countries. Content Type(s): Press, Speeches and appearances, Opening statements
January 22, 2008 Bank of Canada lowers overnight rate target by 1/4 percentage point to 4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 4 per cent. Content Type(s): Press, Press releases
January 18, 2008 Changes in Minimum Bank of Canada Nominal Bond Purchases at Auctions Section 5.1 of the Statement of Policy Governing the Acquisition and Management of Financial Assets for the Bank of Canada's Balance Sheet states that "The Bank's holdings of Government of Canada nominal bonds and treasury bills are structured to broadly reflect the composition of the federal government's stock of nominal domestic marketable debt." Content Type(s): Press, Market notices
January 8, 2008 Transparency: The More, The Better? Remarks Sheryl Kennedy Association des femmes en finance du Québec Montréal, Quebec Transparency is the cornerstone of a well-functioning financial system. It's an issue that has been getting a lot of attention, and deservedly so, as we consider what has gone wrong in the market for asset-backed commercial paper. Content Type(s): Press, Speeches and appearances, Remarks
January 7, 2008 Summary of the Survey on Canadian Corporate Foreign Exchange Hedging Each year since 2004, the Bank of Canada has undertaken a questionnaire with banks that are active in the Canadian dollar foreign exchange market through offices in Toronto and/or Montréal. Content Type(s): Press, Market notices
January 4, 2008 Bank of Canada announces Deputy Governor appointment Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced the appointment of John D. Murray as Deputy Governor of the Bank and a member of the Bank's Governing Council, effective 4 January 2008. Content Type(s): Press, Press releases
January 4, 2008 Update on monitoring of short-term funding markets On 12 December 2007, the Bank of Canada announced that it would enter into term purchase and resale agreements (term PRAs) extending over the calendar year with maturities on 4 January and 10 January 2008. Content Type(s): Press, Market notices
December 23, 2007 Bank of Canada welcomes restructuring announcement by Pan-Canadian Investors Committee The Bank of Canada welcomes the announcement that an agreement-in-principle has now been reached among parties to the Montreal Accord for the restructuring of non-bank asset-backed commercial paper. Content Type(s): Press, Market notices
December 18, 2007 Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence Media Relations Ottawa, Ontario Beginning today, the Bank of Canada is inviting nominations for the fifth annual Law Enforcement Award of Excellence for Counterfeit Deterrence. This award recognizes police officers, employees, or volunteers of a Canadian law-enforcement agency who have demonstrated outstanding commitment and initiative in counterfeiting deterrence and prevention. Content Type(s): Press, Press releases