October 21, 2004
Press
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October 21, 2004
Bank of Canada releases Monetary Policy Report
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. -
October 19, 2004
Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/2 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 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 3/4 per cent. -
October 18, 2004
Publication of the Debt Strategy 2005/06 Consultation Document and the Review of the Government of Canada Debt Distribution Framework
Consultation documents, prepared jointly by the Department of Finance and the Bank of Canada on behalf of the Government of Canada, are being published today. -
October 13, 2004
Bank of Canada Unveils New $50 Bank Note
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. -
October 13, 2004
Famous 5 Foundation
As you know, one of the events and themes commemorated on the new $50 bank note is the Persons Case. I am especially pleased to be here tonight, helping to celebrate the 75th anniversary of that historic case, and honouring the Famous Five, who helped to enshrine the rights of all individuals, in Canada and other countries around the world, to participate on equal terms in political life. -
October 7, 2004
Global Economic Developments and the Implications for Ontario
One theme that I heard repeatedly in Washington is that 2004 is turning out to be a better year than many had thought, particularly over the first half of the year. Indeed, the IMF is now projecting global economic growth of 5 per cent in 2004, which would be a marked improvement from the 3.9 per cent rate seen in 2003. -
September 29, 2004
Bank of Canada Issues New $20 Bank Notes
"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. -
September 28, 2004
Survey of Foreign Exchange and Derivatives Market Activity in Canada
Summary results of a survey of activity in Canadian foreign exchange and derivatives markets conducted by the Bank of Canada in April 2004 are now available. Similar surveys were undertaken in 51 other countries during the same month, and the central banks of many of those countries are also releasing their results today. -
September 23, 2004
Changes in Minimum Bank of Canada Bond Purchases at Auctions
Starting in 1996, the Bank of Canada began adjusting the relative amounts of Government of Canada treasury bills and bonds held on its balance sheet to more closely approximate the proportions of outstanding government debt.