Press

• September 4, 2002

  The New Investment Framework for Receiver General Cash Balances

  The Department of Finance and the Bank of Canada are releasing final terms and conditions for participating in morning auctions of Receiver General balances. These auctions are the primary means by which the government invests its short-term Canadian-dollar cash balances.

  Content Type(s): Press, Market notices
• September 4, 2002

  Bank of Canada keeps target for the overnight rate at 2 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 per cent.

  Content Type(s): Press, Press releases
• August 31, 2002

  Macroeconomic Stabilization Policy in Canada

  Remarks David Dodge Symposium sponsored by the Federal Reserve Bank of Kansas City Jackson Hole, Wyoming

  What I propose to do on this panel today is to talk about stabilization policy and policy co-operation from the viewpoint of an industrial country that has a floating exchange rate and both an explicit inflation target for monetary policy and a clear objective for fiscal policy.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 29, 2002

  Bank of Canada releases 2003 schedule of dates for policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its 2003 schedule of eight dates for announcing decisions on its key policy interest rate and, at the same time, confirmed the announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• August 15, 2002

  Operational Enhancements to Government of Canada Debt Programs

  The government conducts regular consultations with market participants to support its strategic objectives of raising stable, low-cost funding and maintaining a well-functioning market for Government of Canada securities.

  Content Type(s): Press, Market notices
• July 24, 2002

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  Today, we published our Update to the April Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 24, 2002

  Bank of Canada Releases Monetary Policy Report Update

  Media Relations

  The Bank of Canada today released its Update to the April Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases
• July 16, 2002

  Bank of Canada raises overnight rate target by 1/4 percentage point to 2 3/4 per cent

  Media Relations Ottawa, Ontario

  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 3/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 3 per cent.

  Content Type(s): Press, Press releases
• June 12, 2002

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Andrew Spence to the visiting economist position of Special Adviser for a one-year term. Mr. Spence will be taking leave from his current position as Global Head, Currency and Credit Markets Research with TD Securities, as of September 2002.

  Content Type(s): Press, Press releases
• June 11, 2002

  Trust, Transparency, and Financial Markets

  Remarks David Dodge Greater Halifax Partnership Halifax, Nova Scotia

  But first, I would like to address an important subject; that is, how to promote the efficient operation of Canada's financial markets. Rather than approaching this topic in a detailed, technical way, I want to speak about two qualities that are essential to their efficient operation: trust and transparency.

  Content Type(s): Press, Speeches and appearances, Remarks