News
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August 11, 2009
Bank of Canada Announces the Recipient of its 2009 Law Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada is pleased to announce the recipient of its 2009 Law Enforcement Award of Excellence for Counterfeit Deterrence. -
July 31, 2009
Bank of Canada releases 2010 schedule of dates for its policy interest rate announcements
The Bank of Canada today released its 2010 schedule of eight dates for announcing decisions on its key policy interest rate and confirmed the announcement dates for the remainder of this year. -
July 23, 2009
Release of the Monetary Policy Report
Global economic activity appears to be nearing its trough, and there are increasing signs that activity has begun to expand in many countries in response to monetary and fiscal policy stimulus and measures to stabilize the global financial system. -
July 21, 2009
Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. -
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June 18, 2009
From Green Shoots to the Harvest: Comments on Financial Stability
From the initially careful references to data that suggested a slowing of the rate of decline in global activity, the use of the term "green shoots" has quickly evolved. -
June 18, 2009
Financial System Stability is Key Determinant of Economy's Ability to Rebound from Global Shock, Governor Carney says
Despite the often discussed "green shoots" in the global economy, much hard work remains to be done before a recovery will take hold, Bank of Canada Governor Mark Carney said today. -
June 11, 2009
Rebalancing the Global Economy
The theme of this conference – "Adapting to a New World Order" – suggests that it is clear how global commerce and finance will be reorganized in the wake of the current crisis. However, the outcome is far from preordained. How we manage the rebalancing of the global economy could profoundly influence how open, equitable, and prosperous the New World Order will be. -
June 11, 2009
Path to Renewed Globalization Critical for New World Economic Order, Governor Carney says
Countries around the world must work toward a new global economy that is open, resilient, and responsible, Bank of Canada Governor Mark Carney said today, as he laid out an agenda for the renewal of globalization.