July 26, 2011
Posts
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July 22, 2011
Global Financial Reform: Maintaining the Momentum
In his remarks entitled Global Financial Reform: Maintaining the Momentum, delivered to the G-20 workshop organized by the Australian Treasury in Paris on 7 July 2011, Senior Deputy Governor Tiff Macklem reviews the achievements toward a more resilient financial system and the challenges related to oversight and regulation, and reducing contagion and harmful spillovers. -
July 20, 2011
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
July 20, 2011
Monetary Policy Report – July 2011
The Canadian economy is projected to expand by 2.8 per cent in 2011, 2.6 per cent in 2012, and 2.1 per cent in 2013, returning to capacity in the middle of 2012. Total CPI inflation is expected to return to the 2 per cent target by the middle of 2012.
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July 19, 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. -
July 11, 2011
Senior Loan Officer Survey - Second-Quarter 2011
The survey results point to an overall net easing in business-lending conditions. The balance of opinion regarding both price and non-price lending conditions showed the greatest degree of consensus on easing since the survey began in 1999. -
July 11, 2011
Business Outlook Survey - Summer 2011
Businesses remain positive about the outlook for the next 12 months, despite more modest expectations for U.S. economic growth. Indicators of future sales and investment are moderately higher, and intentions to hire have become more widespread. -
The Role of Financial Speculation in Driving the Price of Crude Oil
Over the past 10 years, financial firms have increased the size of their positions in the oil futures market. At the same time, oil prices have increased dramatically.