March 6, 2013 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario 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
February 25, 2013 Rebuilding trust in banking is vital to improving the pace of global economic recovery, says Bank of Canada Governor Mark Carney Media Relations London, Ontario While much progress has been made reforming the global financial system, to restore fully trust in banking there remains a fundamental need for financial institutions to rediscover their core values, Bank of Canada Governor Mark Carney said today in a speech at Western University in London, Ontario. The real economy relies on the financial system, […] Content Type(s): Press, Press releases
February 21, 2013 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 Lawrence L. Schembri as Deputy Governor effective 25 February 2013. Content Type(s): Press, Press releases
February 12, 2013 Statement by G7 Finance Ministers and Central Bank Governors Media Relations We, the G7 Ministers and Governors, reaffirm our longstanding commitment to market determined exchange rates and to consult closely in regard to actions in foreign exchange markets. We reaffirm that our fiscal and monetary policies have been and will remain oriented towards meeting our respective domestic objectives using domestic instruments, and that we will not […] Content Type(s): Press, Press releases
January 23, 2013 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario 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
December 11, 2012 Central Bank Policy Guidance May Be Most Useful in Extraordinary Times, Says Bank of Canada Governor Mark Carney Media Relations Toronto, Ontario While transparency is critical to well-functioning capital markets and effective monetary policy, forward policy guidance is best used sparingly by central banks in normal times, Bank of Canada Governor Mark Carney said today. In a speech to the Toronto CFA Society, the Governor discussed where policy guidance can be most effective and when it may […] Content Type(s): Press, Press releases
December 4, 2012 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario 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
November 26, 2012 Bank of Canada Governor Mark Carney Appointed Governor of the Bank of England Media Relations Ottawa, Ontario The Bank of Canada announced that Her Majesty the Queen has approved the appointment of Mark Carney as Governor of the Bank of England effective 1 July 2013. He will serve a five-year term. Governor Carney will continue to serve in his current position until 1 June to ensure a smooth transition to the next […] Content Type(s): Press, Press releases
November 8, 2012 Global Financial System Safer Today, But Not Yet as Safe as It Needs To Be, Says Bank of Canada Governor Mark Carney Media Relations Montréal, Quebec The G-20’s ambitious financial sector reform agenda is creating a more open, resilient global financial system, which is central to the transformation of the global economy, Bank of Canada Governor Mark Carney said today in a speech to the Canadian Club of Montréal. The Governor provided an update of what has been accomplished and what […] Content Type(s): Press, Press releases
November 7, 2012 Bank of Canada Issues $20 Polymer Bank Note Media Relations Ottawa, Ontario The Bank of Canada today announced the entry into circulation of the new $20 polymer bank notes, during an official ceremony at the Canadian War Museum. Starting today, these new notes will gradually become available at financial institutions across Canada. Bank of Canada Governor Mark Carney was joined at the event by Minister of Finance […] Content Type(s): Press, Press releases Topic(s): Bank notes