Press Releases
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17 December 2008 Governor Carney discusses key risks to financial system, advocates for macroprudential approach
While measures taken to address the global financial crisis will be successful, policy-makers need to improve their ability to detect the next crisis before it occurs, Bank of Canada Governor Mark Carney said today. -
9 December 2008 Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a percentage point to 1 1/2 per cent.