November 2, 2011
Opening statements
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November 2, 2011
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Good afternoon. Tiff and I are pleased to be here with you today to discuss the October Monetary Policy Report, which the Bank published last week. The global economy has slowed markedly as several downside risks to the projection outlined in the Bank’s July MPR have been realized. Volatility has increased and there has been […] -
November 1, 2011
Opening Statement before the House of Commons Standing Committee on Finance
Good morning. Tiff and I are pleased to be here with you today to discuss the October Monetary Policy Report, which the Bank published last week. The global economy has slowed markedly as several downside risks to the projection outlined in the Bank’s July MPR have been realized. Volatility has increased and there has been […] -
October 26, 2011
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
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 […] -
July 20, 2011
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
June 22, 2011
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Governor Mark Carney outlines the highlights of the Bank of Canada’s analyses of the economic outlook and the stability of the financial system. -
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. -
January 19, 2011
Release of the Monetary Policy Report
The global economic recovery is proceeding at a somewhat faster pace than the Bank had anticipated, although risks remain elevated. Private domestic demand in the United States has picked up and will be reinforced by recently announced monetary and fiscal stimulus.