December 16, 2011
Ottawa, Ontario
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December 6, 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. -
November 14, 2011
Bank of Canada Issues $100 Bill – First Canadian Polymer Bank Note
The Bank of Canada today began circulating the new $100 bill – Canada’s first polymer bank note. This new note will be available at financial institutions from coast to coast to coast over the next few weeks. The $100 note features a portrait of Sir Robert Borden, Prime Minister of Canada between 1911 and 1920, […] -
November 9, 2011
Bank of Canada Releases Background Information on Renewal of the Inflation-Control Target
The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which summarizes the key elements of Canada's inflation-targeting framework. -
November 8, 2011
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target
The primary objective of Canada's monetary policy is to enhance the well-being of Canadians by contributing to sustained economic growth, rising levels of employment and improved living standards. -
November 4, 2011
Bank of Canada Governor Mark Carney Appointed Chairman of Financial Stability Board
Bank of Canada Governor Mark Carney has been named Chairman of the Financial Stability Board (FSB). -
November 2, 2011
Opening Statement before the Senate Standing Committee on National Finance
Good evening. Tiff and I are pleased to be here with you today to discuss retail price differentials between Canada and the United States. The mandate of the Bank of Canada is to enhance the well-being of Canadians by contributing to sustained economic growth. The single, most direct contribution that monetary policy can make to […] -
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 2, 2011
Standing Senate Committee on National Finance (Audio)
Governor Mark Carney and Senior Deputy Governor Tiff Macklem testify before the Standing Senate Committee on National Finance. -
November 2, 2011
Standing Senate Committee on Banking, Trade and Commerce (Audio)
Governor Mark Carney and Senior Deputy Governor Tiff Macklem testify before the Standing Senate Committee on Banking, Trade and Commerce.