Press Releases

• March 20, 2001

  Governor highlights Bank of Canada's contribution to domestic and global financial stability

  Media Relations Montréal, Quebec

  As an open economy, Canada has a strong interest in promoting a sound and robust international economic environment, Governor David Dodge said today, in a speech to the Montreal Society of Financial Analysts. He stressed that sound macroeconomic policies and robust and efficient financial systems are of paramount importance in an increasingly interconnected world.

  Content Type(s): Press, Press releases
• March 6, 2001

  Bank of Canada lowers Bank Rate to 5 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering the Bank Rate by one-half of one percentage point to 5 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 5 per cent.

  Content Type(s): Press, Press releases