Media Relations - Latest

• March 22, 2000

  Bank Rate Raised by ¼ Percentage Point to 5½ Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada raised its Bank Rate today by ¼ of one percentage point to 5½ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank’s target for the overnight rate is now 5¼ per cent.

  Content Type(s): Press, Press releases
• March 9, 2000

  Bank of Canada Governor speaks to the Canadian Society of New York

  Media Relations New York, New York

  In a speech today to the Canadian Society of New York, Bank of Canada Governor Gordon Thiessen talked about Canada’s experience with a floating exchange rate and an independent monetary policy, despite close integration with the much larger U.S. economy.

  Content Type(s): Press, Press releases