September 14, 2010 Bundesbank Lecture 2010: The Economic Consequences of the Reforms Remarks Mark Carney Deutsche Bundesbank Berlin, Germany Keynes wrote prophetically of the economic consequences of the Treaty of Versailles. Could the same be said of current financial reforms? Are policy-makers taking for granted the essential role performed by finance in a vain pursuit of its risk-proofing? Content Type(s): Press, Speeches and appearances, Remarks
September 14, 2010 Economic Case for Global Financial Sector Reform Compelling, Bank of Canada Governor Mark Carney Says Media Relations Berlin, Germany The economic case for global financial sector reform is compelling, and the basic stakes are enormous, Bank of Canada Governor Mark Carney argued today in Berlin in a lecture that focused on the costs and benefits of reform. "Without credible, coordinated financial reforms, we risk losing the open trading and financial system that has underpinned the economic miracle of recent times," he said. Content Type(s): Press, Press releases
September 13, 2010 1937 series The creation of a second series of bank notes, only two years after the first, was prompted by changes in Canadian government legislation that required the Bank of Canada to produce bilingual bank notes.
September 10, 2010 1935 series The Bank of Canada was founded in 1934 and given responsibility, through an Act of Parliament, to regulate the country's money supply and to "promote the economic and financial welfare of Canada."
September 10, 2010 Restoring Faith in the International Monetary System Remarks Mark Carney Spruce Meadows Changing Fortunes Round Table Calgary, Alberta We are three years into the global financial crisis, and its dynamics still dominate the economic outlook. In particular, broad forces of bank, household, and sovereign deleveraging can be expected to add to the variability and temper the pace of global economic growth in the years ahead. Content Type(s): Press, Speeches and appearances, Remarks
September 10, 2010 Renewed faith in the international monetary system is essential for G20 success, says Bank of Canada Governor Mark Carney Media Relations Calgary, Alberta Bank of Canada Governor Mark Carney today urged the world's leading nations to ensure that their domestic policies are consistent with the G-20 framework for strong, sustainable, and balanced growth and to support the G-20 financial system reforms. Content Type(s): Press, Press releases
September 8, 2010 Bank Note Redemption Service Redeem Canadian bank notes that are mutilated, contaminated or no longer legal tender.
September 8, 2010 Bank of Canada increases overnight rate target to 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 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
September 2, 2010 Guideline Related to Bank of Canada Oversight Activities Under the Payment Clearing and Settlement Act This Guideline, which is subject to periodic revisions at the Bank’s discretion, was last updated in April 2018.