Press Releases
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13 December 2010 Perceptions of Low Rates Raise Risks, Bank of Canada Governor Mark Carney Says
Cyclical and structural factors have led to a low-interest-rate environment, Bank of Canada Governor Mark Carney said today in a speech that reviewed the implications of such an environment for financial stability and economic growth in Canada and globally. -
8 December 2010 Bank of Canada Announces Closure of Optical Security Material Division and Sale of Related Assets
The Bank of Canada announced today that it is closing its Optical Security Material (OSM) division and selling all of its related assets. -
7 December 2010 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.