News

• March 8, 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
• February 24, 2012

  A Monetary Policy Framework for All Seasons

  Remarks Mark Carney U.S. Monetary Policy Forum New York, New York

  Governor Mark Carney reviews the advantages of Canada’s flexible inflation-targeting regime.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 24, 2012

  Flexible Inflation Targeting Appropriate Framework for All Seasons, Says Bank of Canada Governor Mark Carney

  Media Relations New York, New York

  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 […]

  Content Type(s): Press, Press releases
• 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.

  Content Type(s): Publications, Bank of Canada Review
• February 13, 2012

  Bank of Canada submits comments to U.S. regulators regarding Joint Proposal on Prohibitions and Restrictions on Proprietary Trading

  Comments Mark Carney

  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.

  Content Type(s): Press, Speeches and appearances, Comments
• February 7, 2012

  Raising the House of Reform

  Remarks Tiff Macklem Rotman Institute for International Business Toronto, Ontario

  Senior Deputy Governor Tiff Macklem discusses the importance of pressing ahead with financial reforms despite the weak global recovery.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 18, 2012

  Monetary Policy Report – January 2012

  

  The Canadian economy is estimated to have grown by 2.4 per cent in 2011, and is projected to grow by 2.0 per cent in 2012, and 2.8 per cent in 2013, returning to full capacity by the third quarter of 2013. Total CPI inflation is expected to return to the 2 per cent target by the 3rd quarter of 2013.

  Content Type(s): Publications, Monetary Policy Report
• January 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
• January 17, 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
• January 9, 2012

  Business Outlook Survey - Winter 2011-12

  Responses to the winter survey suggest that the global economic outlook and concerns about demand continue to weigh on firms’ expectations for business activity.

  Content Type(s): Publications, Business Outlook Survey