News

• September 5, 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
• August 22, 2012

  Globalisation, Financial Stability and Employment

  Remarks Mark Carney Canadian Auto Workers (CAW) Toronto, Ontario

  Governor Mark Carney discusses globalization, financial stability and employment.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 22, 2012

  Global financial reform essential for sustainable jobs, says Bank of Canada Governor Mark Carney

  Media Relations Toronto, Ontario

  Globalisation is changing the nature of production and driving up the demand for skilled workers in advanced economies, including Canada, Bank of Canada Governor Mark Carney said today in a speech at a Canadian Auto Workers convention. “We all need to recognize that the durable, high-paying manufacturing jobs of the future will be located in […]

  Content Type(s): Press, Press releases
• August 21, 2012

  Bank of Canada Announces the Recipient of its 2012 Law Enforcement Award of Excellence for Counterfeit Deterrence

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the recipient of its 2012 Law Enforcement Award of Excellence for Counterfeit Deterrence. The RCMP Integrated Counterfeit Enforcement Team, based in Surrey, British Columbia, was honoured for the second consecutive year during the annual conference of the Canadian Association of Chiefs of Police in Sydney, Nova Scotia. […]

  Content Type(s): Press, Press releases Topic(s): Bank notes
• August 21, 2012

  Modelling Risks to the Financial System

  Remarks Agathe Côté Canadian Association for Business Economics Kingston, Ontario

  Deputy Governor Agathe Côté discusses the challenges of assessing risks to the financial system and describes models developed by the Bank of Canada to identify, measure, and analyze sources of risk.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 20, 2012

  Statement by Governor Mark Carney on the $100 Bank Note

  Media Relations

  Content Type(s): Press, Press releases Topic(s): Bank notes
• August 16, 2012

  Bank of Canada Review - Summer 2012

  

  This issue features three articles that present research and analysis by Bank of Canada staff. The first updates previous Bank estimates of measurement bias in the Canadian consumer price index; the second uses a new term-structure model to analyze the relationship between the short-term policy rate and long-term interest rates; and the third examines indicators of balance-sheet risks at financial institutions in Canada.

  Content Type(s): Publications, Bank of Canada Review
• August 3, 2012

  Bank of Canada Publishes 2013 Schedule for Policy Interest Rate Announcements and Monetary Policy Report Releases

  Media Relations Ottawa, Ontario

  The Bank of Canada released its 2013 schedule of key policy interest rate announcements and quarterly Monetary Policy Reports (MPR), and announced that in 2013, it will begin concurrent publication of the MPR with its January, April, July, and October rate announcements.

  Content Type(s): Press, Press releases
• July 18, 2012

  Release of the Monetary Policy Report

  Opening statement Mark Carney Ottawa, Ontario

  Press conference following the release of the Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 18, 2012

  Monetary Policy Report – July 2012

  

  The Bank projects that the economy will grow by 2.1 per cent in 2012, 2.3 per cent in 2013 and 2.5 per cent in 2014. The economy is expected to reach full capacity in the second half of 2013.

  Content Type(s): Publications, Monetary Policy Report