News

• April 30, 2008

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Mark Carney House of Commons Standing Committee on Finance

  Growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 29, 2008

  Financial Stability Forum publishes report on Enhancing Market and Institutional Resilience

  The Financial Stability Forum (FSF) has presented to the G7 Finance Ministers and central bank Governors a report making recommendations for enhancing the resilience of markets and financial institutions.

  Content Type(s): Press, Announcements
• April 28, 2008

  Counterfeit $100 notes discovered: Bank of Canada and the Toronto Police Service remind the public and retailers to be vigilant

  Media Relations Ottawa, Ontario

  The Bank of Canada and the Toronto Police Service are reminding the public and retailers to pay close attention to the bank notes they receive. A number of counterfeit $100 notes have been passed mainly in the Greater Toronto Area in the last few weeks.

  Content Type(s): Press, Press releases
• April 24, 2008

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  Bank of Canada today released its April 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
• April 24, 2008

  Release of the Monetary Policy Report

  Opening statement Mark Carney

  Growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 22, 2008

  Bank of Canada lowers overnight rate target by 1/2 percentage point to 3 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 3 per cent.

  Content Type(s): Press, Press releases
• April 10, 2008

  Credit Markets, Financial Stability, and Monetary Policy

  Remarks David Longworth Global Investment Conference Lake Louise, Alberta

  Today, I'd like to discuss some of the crucial issues that we have been dealing with during this period. I'll begin with a brief overview of some key events that have led to the turbulence that continues to upset financial markets and that greatly contributed to the remarkably wide credit spreads that we now witness.

  Content Type(s): Press, Speeches and appearances, Remarks
• April 2, 2008

  Trends and Challenges in the Global Economy and What They Mean for Canada and Ontario

  Remarks Paul Jenkins London Chamber of Commerce London, Ontario

  As is the case for so many cities and regions in Canada, London's economy and that of southwestern Ontario are directly affected by changes in the global economy. And, as with so many things in life, the better we understand the forces of change, the better equipped we are to deal with them.

  Content Type(s): Press, Speeches and appearances, Remarks