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Ottawa, December 2, 2011
The Honourable Jim Flaherty, Minister of Finance, today released the Report on the Management of Canada’s Official International Reserves for April 1, 2010 to March 31, 2011.
This annual report provides details on official international reserves operations, primarily related to the Exchange Fund Account (EFA), which is a portfolio of assets held under the Currency Act to provide foreign currency liquidity to the Government and to promote orderly conditions for the Canadian dollar in the foreign exchange markets, if required.
The report notes:
For further information, media may contact:
Mary Ann Dewey-Plante
Office of the Minister of Finance
Department of Finance
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