August 24, 2011
News
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August 23, 2011
Bank of Canada Announces the Recipient of Its 2011 Law Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada announces that the recipient of its 2011 Law Enforcement Award of Excellence for Counterfeit Deterrence is the RCMP Integrated Counterfeit Enforcement Team in Surrey, British Columbia. -
August 23, 2011
How People Think and How It Matters
In his speech entitled “How People Think and How it Matters,” delivered to the Canadian Association for Business Economics, Deputy Governor Jean Boivin reviews various ways people form expectations and how these affect monetary policy. -
August 19, 2011
Opening Statement before the House of Commons Standing Committee on Finance
Thank you for this opportunity to appear here today. Recent Economic and Financial Developments In recent weeks, several downside risks to the Bank’s July Monetary Policy Report (MPR) projection have been realised. The European sovereign crisis has intensified, the U.S. credit rating has been downgraded, and a broad range of data has signalled slower global […] -
August 18, 2011
Bank of Canada Review - Summer 2011
This special issue, “Real-Financial Linkages,” examines the Bank’s research using theoretical and empirical models to improve its understanding of the linkages between financial and macroeconomic developments in the wake of the recent global financial crisis. -
July 26, 2011
Bank of Canada Releases 2012 Schedule for Policy Interest Rate Announcements and Monetary Policy Report Releases
The Bank of Canada today released its 2012 schedule of eight dates for announcing decisions on its key policy interest rate and four dates for the release of its Monetary Policy Report. The Bank also confirmed the announcement dates for the remainder of this year. -
July 22, 2011
Global Financial Reform: Maintaining the Momentum
In his remarks entitled Global Financial Reform: Maintaining the Momentum, delivered to the G-20 workshop organized by the Australian Treasury in Paris on 7 July 2011, Senior Deputy Governor Tiff Macklem reviews the achievements toward a more resilient financial system and the challenges related to oversight and regulation, and reducing contagion and harmful spillovers. -
July 20, 2011
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
July 20, 2011
Monetary Policy Report – July 2011
The Canadian economy is projected to expand by 2.8 per cent in 2011, 2.6 per cent in 2012, and 2.1 per cent in 2013, returning to capacity in the middle of 2012. Total CPI inflation is expected to return to the 2 per cent target by the middle of 2012. -
July 19, 2011
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.