News

• April 20, 2001

  Governor talks about the Bank of Canada's contribution to monetary and financial stability and about the current economic situation

  Media Relations Vancouver, British Columbia

  n a speech today to The Vancouver Board of Trade, Governor David Dodge said that the Bank of Canada contributes to the economic well-being of Canadians by preserving confidence in the value of money and by promoting the safety and soundness of Canada's financial system.

  Content Type(s): Press, Press releases
• April 20, 2001

  The Bank of Canada's Contribution to the Economic Well-Being of Canadians

  Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia

  The Bank of Canada has a commitment to contribute to the economic well-being of Canadians. In other words, we must conduct monetary policy so that it fosters sustained economic growth. Fundamentally, this means creating conditions that favour rising employment and incomes, strong investment, and a more stable macroeconomic environment.

  Content Type(s): Press, Speeches and appearances, Remarks
• April 17, 2001

  Bank of Canada lowers Bank Rate by 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering the Bank Rate by one-quarter of one percentage point to 5 per cent. The operating band for the overnight rate* is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 4 3/4 per cent.

  Content Type(s): Press, Press releases