May 14, 2002
Ottawa, Ontario
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April 24, 2002
Bank of Canada releases its April Monetary Policy Report
Canada's economic outlook has improved significantly since the November Monetary Policy Report. Indeed, information on the fourth quarter of last year and the first quarter of 2002 indicates that the recovery in the Canadian economy began sooner and has been considerably stronger than anticipated. -
April 16, 2002
Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/4 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 1/2 per cent. -
March 25, 2002
Canada's new $5 bank note launched on 27 March 2002
Canada's new $5 bank note will be launched Wednesday, 27 March, in Montréal. -
March 5, 2002
Bank of Canada keeps target for the overnight rate at 2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent. -
January 15, 2002
Bank of Canada lowers key policy interest rate by 1/4 percentage point to 2 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/4 per cent.
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