May 16, 2011
Canada in a Multi-Polar World
Governor Mark Carney discusses the forces that are transforming the global economic landscape and their implications for the Canadian economy.
News
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May 16, 2011
Canada Is Adjusting to Global Economic Transformation, Says Bank of Canada Governor Mark Carney
While Canada’s economy remains relatively well positioned, it is being buffeted by a significant transformation of the global economy, which is driven by a combination of secular trends and cyclical forces, Bank of Canada Governor Mark Carney said. -
May 6, 2011
Monetary Policy and Resource Mobility
Mark Carney, Governor of the Bank of Canada, comments on “Monetary Policy and Resource Mobility,” a paper by Carl E. Walsh -
April 13, 2011
Release of the Monetary Policy Report
As anticipated in January, the global economic recovery is becoming more firmly entrenched and is expected to continue at a steady pace. In the United States, growth is solidifying, although consolidation of household and ultimately government balance sheets will limit the pace of the expansion. -
April 13, 2011
Monetary Policy Report – April 2011
This is a report of the Governing Council of the Bank of Canada: Mark Carney, Tiff Macklem, John Murray, Timothy Lane, Jean Boivin and Agathe Côté. It presents the Bank’s outlook based on data received up to 8 April 2011. -
April 12, 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. -
April 4, 2011
Senior Loan Officer Survey - First-Quarter 2011
The survey results point to an overall net easing in business-lending conditions. Both the price and non-price aspects of business lending eased during the first quarter. Note that the balance of opinion indicates only the direction of the change in lending conditions; it does not provide information on the magnitude of the change. -
April 4, 2011
Business Outlook Survey - Spring 2011
Businesses remain positive about the economic outlook, although some forward-looking indicators have eased from the levels recorded in recent surveys, and the strength in commodity prices has raised expectations for costs and inflation.
Erratum: Please note that the legend for Chart 9 (French version only) should read as follows: au-dessus de 3 % , rather than au-dessous de 3 %
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March 30, 2011
Bank of Canada Announces Recipients of 2011 Fellowship and Governor’s Awards
The Bank of Canada today announced that Professors Randall K. Morck of the University of Alberta and Gregor W. Smith of Queen’s University are the recipients of the Bank’s Fellowship Award for 2011. -
March 28, 2011
The “Great” Recession in Canada: Perception vs. Reality
Barely three years ago, the financial crisis was a source of major concern worldwide. This unprecedented event had serious and costly repercussions, which we continue to feel today.