Press Releases

• July 18, 2001

  Sheryl Kennedy Named Deputy Governor, Financial Markets

  Media Relations

  Sheryl Kennedy, Deputy Governor of the Bank of Canada, has been asked by the Bank's Board of Directors to serve as Deputy Governor, Financial Markets. She takes over the responsibilities formerly carried out by Tim Noël, who passed away last week.

  Content Type(s): Press, Press releases
• July 17, 2001

  Bank of Canada lowers key policy interest rate by 1/4 percentage point to 4 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate* by one-quarter of one percentage point to 4 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 4 1/2 per cent.

  Content Type(s): Press, Press releases
• July 13, 2001

  Statement From the Governor

  Media Relations

  On behalf of the staff and Board of Directors of the Bank of Canada, Governor David Dodge today issued the following statement on the death this week of Tim Noël, Deputy Governor of the Bank since 1994:

  Content Type(s): Press, Press releases