April 2, 2012
News
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March 26, 2012
Bank of Canada Issues $50 Polymer Bank Note
Bank of Canada Governor Mark Carney today officially announced the new $50 polymer bank note’s entry into circulation, during an event at the Canadian Coast Guard’s Québec port facility. These new notes will be available at financial institutions from coast to coast to coast starting today. Governor Carney was joined at the event by Shelly […] -
March 12, 2012
Promoting Growth, Mitigating Cycles and Inequality: The Role of Price and Financial Stability
Senior Deputy Governor Tiff Macklem discusses how price and financial stability help promote growth and mitigate economic cycles and inequality. -
March 8, 2012
Bank of Canada maintains overnight rate target at 1 per cent
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. -
February 24, 2012
A Monetary Policy Framework for All Seasons
Governor Mark Carney reviews the advantages of Canada’s flexible inflation-targeting regime. -
February 24, 2012
Flexible Inflation Targeting Appropriate Framework for All Seasons, Says Bank of Canada Governor Mark Carney
In a speech today to the U.S. Monetary Policy Forum, Bank of Canada Governor Mark Carney reviewed the advantages of Canada’s flexible inflation-targeting regime. Citing a “complex and continuously evolving world that no one can predict with certainty,” Governor Carney said that flexible inflation targeting “provides a robust framework for all seasons.” A flexible inflation-targeting […] -
February 23, 2012
Bank of Canada Review - Winter 2011-2012
This special issue, “Household Finances and Financial Stability,” examines recent Bank of Canada research into two interrelated facts: the steady increase in Canadian household indebtedness in recent decades, and the upward trend in real house prices in Canada since 2000. Rising house prices could lead to the accumulation of debt, and abrupt movements in either factor can influence the financial health of households, which are a central part of Canada’s economy. -
February 13, 2012
Bank of Canada submits comments to U.S. regulators regarding Joint Proposal on Prohibitions and Restrictions on Proprietary Trading
The Bank of Canada today submitted written comments to U.S. regulators regarding their proposed rule to implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. -
February 7, 2012
Raising the House of Reform
Senior Deputy Governor Tiff Macklem discusses the importance of pressing ahead with financial reforms despite the weak global recovery.