Press

• October 17, 2000

  Can a Bank Change? The Evolution of Monetary Policy at the Bank of Canada 1935–2000

  Lecture Gordon Thiessen Faculty of Social Science, University of Western Ontario

  Over this period, there has been a fundamental transformation in the way monetary policy is conducted in Canada and in most other industrial countries. While globalization and technological change have played an important role in this area, as in so many others, they have not, to my mind, been the principal driving force behind this transformation. Far more important has been the interaction of experience and economic theory.

  Content Type(s): Press, Speeches and appearances, Lectures
• September 26, 2000

  Bank of Canada to issue new bank notes

  Media Relations Ottawa, Ontario

  The Bank of Canada will issue a new series of bank notes beginning in January 2001 to further enhance the security of Canada's currency.

  Content Type(s): Press, Press releases
• September 21, 2000

  Government of Canada to expand bond buyback operations

  The Government announced in the 2000-01 Debt Management Strategy that it was implementing the bond buyback program on an ongoing basis.

  Content Type(s): Press, Market notices
• September 19, 2000

  Bank of Canada to adopt fixed dates for announcing Bank Rate changes

  Media Relations Ottawa, Ontario

  The Bank of Canada today outlined details of its plan to adopt a system of eight “fixed” or pre-specified dates each year for announcing any changes to the official interest rate it uses to implement monetary policy—the rate of interest it charges on short-term loans to financial institutions.

  Content Type(s): Press, Press releases
• September 14, 2000

  The Outlook for the Canadian Economy and the Conduct of Monetary Policy

  Remarks Gordon Thiessen Calgary Chamber of Commerce Calgary, Alberta

  Today, I would like to bring you up to date on the Bank of Canada's views about the outlook for the Canadian economy. Prospects for the period ahead are generally very favourable.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 14, 2000

  Bank of Canada Governor reviews economic developments and outlines proposed new arrangements for announcing interest rate changes

  Media Relations Calgary, Alberta

  In a speech to the Calgary Chamber of Commerce today, Bank of Canada Governor Gordon Thiessen gave an update on the Bank's outlook for the Canadian economy. He also outlined plans to move to a system of pre-set dates for announcing changes in official interest rates as part of the Bank's ongoing efforts to improve […]

  Content Type(s): Press, Press releases
• August 16, 2000

  Release of the Monetary Policy Report Update

  Opening statement Gordon Thiessen

  This morning we released our update to the May Monetary Policy Report. Overall, the outlook for Canadian economic growth and inflation is positive. Economic activity in Canada has remained strong since our May Report. Nonetheless, the underlying trend of inflation has been unexpectedly low - in the bottom half of our 1 to 3 per […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• August 14, 2000

  Follow up on proposed modifications to Government of Canada Bond operations

  On July 21, 2000, the Bank of Canada announced that the Bank and the Department of Finance would be seeking the views of market participants on the feasibility of implementing a cash management buyback program and on the possibility of reverting back to March and September maturity dates for two-year bonds.

  Content Type(s): Press, Market notices
• July 21, 2000

  Market views sought on proposed modifications to Government of Canada Bond operations

  The Debt Management Strategy 2000-01 (released 23 March 2000) noted that the Bank of Canada and the Department of Finance were assessing the potential for expanding the existing bond buyback program to include cash management purposes.

  Content Type(s): Press, Market notices
• July 18, 2000

  Proposed revisions to the rules pertaining to auctions of Receiver General term deposits

  A discussion paper prepared jointly by the Department of Finance and the Bank of Canada, and being made public today, is proposing changes to the government’s approach to auctioning and investing its Canadian dollar cash balances.

  Content Type(s): Press, Market notices