Bank of Canada to Release Report on Macroeconomic Impact on Canada of
Stronger Regulatory Standards

OTTAWA, Aug. 17 /CNW Telbec/ - The Bank of Canada will release a report entitled Strengthening International Capital and Liquidity Standards: A Macroeconomic Impact Assessment for Canada on Wednesday, 18 August 2010.

This report summarizes the estimated costs and benefits of proposed international capital and liquidity standards on the Canadian financial system and economy.

    
    10:30  Lock-up: Journalists are invited to review the report, under the
           usual conditions of a lock-up, at the Bank's head office in Ottawa
           and at the regional offices in Toronto (150 King Street West,
           Suite 2000) and Montréal (1501 McGill College Avenue, Suite 2030).
           Please be sure to have your press card with you.

    11:15  Media briefing session: Senior Bank officers will provide
           information and respond to questions on the contents of the
           report.

           The information gathered in the briefing will be for background
           purposes only, not for attribution. Electronic recording will not
           be permitted. Journalists in Toronto and Montréal will be linked
           to the briefing by video conference.

           Note: The briefing session will take place during the lock-up. For
           security reasons, those wishing to attend must confirm by calling
           Dale Alexander at 613 782-8392 before 17:00 ET on Tuesday, 17
           August.

    12:30  End of lock-up and embargo lifted. The report will be available on
           the Bank's website. (http://www.bankofcanada.ca/en/index.html)
    

For further information: Jeremy Harrison at 613 782-8782 or [email protected]