March 5, 2009 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Pierre Duguay House of Commons Standing Committee on Finance Ottawa, Ontario As we have consistently emphasized, stabilization of the global financial system is a precondition for economic recovery, both globally and in Canada. To that end, policy-makers around the globe have acted aggressively and creatively by initiating a series of unprecedented actions aimed at stabilizing the global financial system. Content Type(s): Press, Speeches and appearances, Opening statements
March 3, 2009 Bank of Canada lowers overnight rate target by 1/2 percentage point to 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent. Content Type(s): Press, Press releases
February 18, 2009 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 Timothy D. Lane as Deputy Governor and member of the Governing Council of the Bank effective 18 February. Content Type(s): Press, Press releases
February 10, 2009 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Mark Carney House of Commons Standing Committee on Finance Ottawa, Ontario Let me state at the outset that the speed and synchronized nature of the recent global downturn has resulted in a heightened degree of uncertainty, which is evident in the diverse views on the outlook. Content Type(s): Press, Speeches and appearances, Opening statements
January 22, 2009 Bank of Canada releases Monetary Policy Report Update Media Relations Ottawa, Ontario In the Update, the Bank noted that the outlook for the global economy has deteriorated since the October Monetary Policy Report, with the intensifying financial crisis spilling over into real economic activity. Content Type(s): Press, Press releases
January 22, 2009 Release of the Monetary Policy Report Update Opening statement Mark Carney Ottawa, Ontario The outlook for the global economy has deteriorated since the October Monetary Policy Report, with the intensifying financial crisis spilling over into real economic activity. Content Type(s): Press, Speeches and appearances, Opening statements
January 20, 2009 Bank of Canada lowers overnight rate target by 1/2 percentage point to 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1 per cent. Content Type(s): Press, Press releases
December 9, 2008 Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a percentage point to 1 1/2 per cent. Content Type(s): Press, Press releases
November 24, 2008 Deputy Governor to leave Bank of Canada Media Relations Ottawa, Ontario The Bank of Canada announced today that Deputy Governor Sheryl Kennedy has decided to leave the Bank to pursue other interests. Content Type(s): Press, Press releases
November 3, 2008 Bank of Canada announces senior appointments in new internal structure Media Relations Ottawa, Ontario In order to hone its focus on a safe and sound financial system, reinforce research, and streamline management processes, the Bank of Canada has realigned responsibilities and made a series of senior appointments to lead its work in monetary policy, financial stability, management of the Government of Canada's funds, and Canadian bank notes. Content Type(s): Press, Press releases