Press
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21 October 2007 Credit Market Turbulence and Policy Challenges Ahead
Given the Institute's membership and its focus on financial stability, I feel safe in saying that all of us here today watched this summer's turbulence in credit markets with interest, to put it mildly. What began in the spring as a repricing of credit risk turned into dislocations that have yet to fully run their course. -
20 October 2007 Modern Central Banking: A Canadian Perspective
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18 October 2007 Release of the Monetary Policy Report
Since the July Monetary Policy Report Update, and against a backdrop of robust global economic expansion and strong commodity prices, the Canadian economy has been stronger than projected. It is now operating further above its production potential than had been previously expected. -
18 October 2007 Bank of Canada releases Monetary Policy Report
The Bank of Canada today released its October Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy. -
16 October 2007 Bank of Canada keeps target for the overnight rate at 4 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/2 per cent. -
11 October 2007 Deputy Governor Tiff Macklem appointed Associate Deputy Minister of Finance
The Prime Minister announced today that Tiff Macklem, Deputy Governor of the Bank of Canada, has been appointed Associate Deputy Minister of Finance, effective 1 November. -
4 October 2007 Mark Carney Appointed Governor of the Bank of Canada
The Directors of the Bank of Canada appointed under Section 9 of the Bank of Canada Act today announced that they have appointed Mark Carney as Governor of the Bank of Canada for a seven-year term, effective 1 February 2008. -
3 October 2007 Liquidity, Liquidity, Liquidity
Sound financial investment is important to individuals, to firms, and to society as a whole. By definition, investment is forward looking, and thus our future financial well-being is shaped by the soundness of the investment decisions we make today.