News

• October 18, 2007

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Since the July Monetary Policy Report Update, and against a backdrop of robust global economic expansion and strong commodity prices, the Canadian economy has been stronger than projected. It is now operating further above its production potential than had been previously expected.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 18, 2007

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its October Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases
• October 16, 2007

  Bank of Canada keeps target for the overnight rate at 4 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/2 per cent.

  Content Type(s): Press, Press releases
• October 11, 2007

  Deputy Governor Tiff Macklem appointed Associate Deputy Minister of Finance

  Media Relations Ottawa, Ontario

  The Prime Minister announced today that Tiff Macklem, Deputy Governor of the Bank of Canada, has been appointed Associate Deputy Minister of Finance, effective 1 November.

  Content Type(s): Press, Press releases
• October 4, 2007

  Mark Carney Appointed Governor of the Bank of Canada

  Media Relations Ottawa, Ontario

  The Directors of the Bank of Canada appointed under Section 9 of the Bank of Canada Act today announced that they have appointed Mark Carney as Governor of the Bank of Canada for a seven-year term, effective 1 February 2008.

  Content Type(s): Press, Press releases
• October 3, 2007

  Liquidity, Liquidity, Liquidity

  Remarks David Longworth Investment Industry Association of Canada Toronto, Ontario

  Sound financial investment is important to individuals, to firms, and to society as a whole. By definition, investment is forward looking, and thus our future financial well-being is shaped by the soundness of the investment decisions we make today.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 25, 2007

  Governor Dodge Discusses Recent Market Turbulence: Causes, Effects, and Lessons

  Media Relations Vancouver, British Columbia

  anadian money markets are functioning better after being affected by this summer's turbulence, but they are not yet back to normal, Bank of Canada Governor David Dodge said today in a speech to the Vancouver Board of Trade.

  Content Type(s): Press, Press releases
• September 25, 2007

  Survey of Foreign Exchange and Derivatives Market Activity in Canada During April 2007

  Media Relations Ottawa, Ontario

  During the month of April, the Bank of Canada and 53 other central banks and monetary authorities conducted a survey of turnover activity in the foreign exchange and over-the-counter (OTC) derivatives markets in their respective countries.

  Content Type(s): Press, Press releases
• September 25, 2007

  Turbulence in Credit Markets: Causes, Effects, and Lessons To Be Learned

  Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia

  The turbulence in financial markets did not come about against a backdrop of economic weakness. Indeed, over the past number of years, the global economy has shown remarkable strength. We were also seeing encouraging signs of growth being spread more evenly.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 12, 2007

  Governor Dodge Discusses the Importance of Transparency in Financial Markets

  Media Relations London, United Kingdom

  One of the clearest lessons to emerge from the recent financial market dislocation is the critical importance of transparency if debt markets are to function properly, Bank of Canada Governor David Dodge said today in a speech to the Canada-U.K. Chamber of Commerce.

  Content Type(s): Press, Press releases