Press Releases

• December 17, 2004

  Bank of Canada announces Deputy Governor appointment

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Tiff Macklem as Deputy Governor of the Bank and a member of the Bank's Governing Council, effective 29 December. Mr. Macklem's appointment fills the vacancy created by the departure of Mark Carney.

  Content Type(s): Press, Press releases
• December 9, 2004

  Governor Dodge Says Canada Must Improve Its Financial System Efficiency

  Media Relations Toronto, Ontario

  Bank of Canada Governor David Dodge said today it is imperative that Canada work to enhance the efficiency of its financial system.

  Content Type(s): Press, Press releases
• December 7, 2004

  Bank of Canada keeps target for the overnight rate at 2 1/2 per cent

  Media Relations Ottawa, Ontario

  he Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent.

  Content Type(s): Press, Press releases
• December 1, 2004

  Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence

  Media Relations Ottawa, Ontario

  Effective today, the Bank of Canada is inviting nominations for the second annual Law Enforcement Award of Excellence for Counterfeit Deterrence. This award is presented to one or more police officers, employees, or volunteers of a Canadian law enforcement agency who have demonstrated outstanding commitment and initiative in the fight against bank note counterfeiting or in the prevention of counterfeiting.

  Content Type(s): Press, Press releases
• November 17, 2004

  Bank of Canada Issues New $50 Bank Note

  Media Relations Ottawa, Ontario

  The Bank of Canada today put into circulation Canada's new $50 bank note. The new note will be distributed and become available across the country over the next few weeks.

  Content Type(s): Press, Press releases
• October 21, 2004

  Deputy Governor Mark Carney appointed Senior Associate Deputy Minister of Finance

  Media Relations Ottawa, Ontario

  The Prime Minister announced today that Mark Carney, Deputy Governor of the Bank of Canada, has been appointed Senior Associate Deputy Minister of Finance, effective 15 November.

  Content Type(s): Press, Press releases
• October 21, 2004

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  The Canadian economy has grown faster than was projected in last April's Monetary Policy Report and the July Update, largely because of a surge in exports. It is now operating near its production capacity and continues to adjust to global economic developments.

  Content Type(s): Press, Press releases
• October 19, 2004

  Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/2 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 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 3/4 per cent.

  Content Type(s): Press, Press releases
• October 13, 2004

  Bank of Canada Unveils New $50 Bank Note

  Media Relations Calgary, Alberta

  The Bank of Canada today unveiled Canada's new $50 bank note, the theme of which is Nation Building: shaping the political, legal, and social structures for democracy and equality. The new note was unveiled at a ceremony in Calgary, Alberta by the Honourable Senator Joyce Fairbairn and David Dodge, Governor of the Bank of Canada.

  Content Type(s): Press, Press releases
• September 29, 2004

  Bank of Canada Issues New $20 Bank Notes

  Media Relations Ottawa, Ontario

  "The $20 bank note is the most widely used note," said Bank of Canada Governor David Dodge. "It accounts for almost half of all bank notes in circulation, which is why we encourage Canadians to become familiar with its design and security features.

  Content Type(s): Press, Press releases