News

• October 8, 2008

  Central Banks Announce Coordinated Interest Rate Reductions

  Media Relations

  Throughout the current financial crisis, central banks have engaged in continuous close consultation and have cooperated in unprecedented joint actions such as the provision of liquidity to reduce strains in financial markets.

  Content Type(s): Press, Press releases
• September 25, 2008

  Governor Carney Discusses Impact of Recent International Developments

  Media Relations Montréal, Quebec

  The world is grappling with dramatic events that have seized up markets, sparked a massive flight to quality and caused some great names in the world of finance to succumb, Bank of Canada Governor Mark Carney said today.

  Content Type(s): Press, Press releases
• September 25, 2008

  Reflections on Recent International Economic Developments

  Remarks Mark Carney Canadian Club of Montreal Montréal, Quebec

  The events of the past few weeks in global financial markets have been dramatic. Money and credit markets seized up. There was a massive flight to the safety of the highest quality of government debt.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 18, 2008

  Measuring Inflation: Methodology and Misconceptions

  Remarks John Murray Certified General Accountants of Ontario Toronto, Ontario

  These past few months have been busy for central bankers, to say the least, and the past few days are certainly no exception. While developments on Wall Street have garnered much attention, the cost of living has also been an issue for us all, whether we're buying gas at the pumps, booking an airline ticket, or just picking up a loaf of bread at the grocery store.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 15, 2008

  Counterfeit $100 bills circulating in the Greater Montréal Area

  Media Relations Ottawa, Ontario

  The Bank of Canada, the Royal Canadian Mounted Police, the Sûreté du Québec, and the Service de Police de la Ville de Montréal are warning the public that counterfeit $100 notes of the latestbank note series (the series that features a metallic stripe) are circulating in the Greater Montréal Area.

  Content Type(s): Press, Press releases
• September 15, 2008

  Bank of Canada issues statement on recent market developments

  Media Relations Ottawa, Ontario

  The Bank of Canada is closely monitoring global market developments.

  Content Type(s): Press, Press releases
• September 3, 2008

  Bank of Canada keeps overnight rate target at 3 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent.

  Content Type(s): Press, Press releases
• August 26, 2008

  Bank of Canada Announces the Recipients of its 2008 Law Enforcement Award of Excellence for Counterfeit Deterrence

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the recipients of its 2008 Law Enforcement Award of Excellence for Counterfeit Deterrence.

  Content Type(s): Press, Press releases
• August 26, 2008

  Work in Progress: The Bank of Canada's Response to the Financial Turbulence

  Remarks David Longworth Canadian Association for Business Economics Kingston, Ontario

  The financial turbulence over the past year has been costly and difficult for many individuals and financial institutions; it's been challenging for policy-makers; and it's had implications for the overall economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• July 31, 2008

  Bank of Canada releases 2009 schedule of dates for its policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its 2009 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases