Press

• April 25, 2006

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

  Content Type(s): Press, Press releases
• April 13, 2006

  Summary of the CFEC Survey on Foreign Exchange Hedging

  In December 2005, the Bank of Canada sent those banks that are members of the Canadian Foreign Exchange Committee (CFEC) a questionnaire that focused on the foreign exchange hedging activities of their corporate customers.

  Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
• April 7, 2006

  2006/07 Debt Strategy Consultations - Summary of Comments

  Today, a Summary of Comments/Debt Strategy 2006/07 is being published on the Bank's website in conjunction with the release of the government's Debt Management Strategy for 2006/07 on the Department of Finance's website.

  Content Type(s): Press, Market notices
• April 7, 2006

  Bank of Canada Reassures Canada Savings Bond Payroll Savings Program Clients Following Successful Fraud Investigation

  Media Relations Ottawa, Ontario

  The Bank of Canada today expressed its satisfaction with the successful investigation by the RCMP and the Ottawa Police Service of an incidence of fraudulent activity related to a small number of Canada Savings Bond Payroll Savings Program accounts.

  Content Type(s): Press, Press releases
• April 4, 2006

  The Conduct of Monetary Policy: Dealing with Changes in the Terms of Trade

  Remarks Pierre Duguay School of Business, Okanagan College Kelowna, British Columbia

  The ultimate goal of Canadian monetary policy is to help our economy achieve its maximum sustainable growth, and thus contribute to rising living standards for Canadians. The best way to achieve this goal, we've learned from experience, is to keep inflation low, stable, and predictable.

  Content Type(s): Press, Speeches and appearances, Remarks
• April 4, 2006

  Bank of Canada to Upgrade $5 Bank Note

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it will issue a $5 note with upgraded security features beginning 15 November 2006 as part of its ongoing effort to improve the security of Canadian bank notes.

  Content Type(s): Press, Press releases
• March 30, 2006

  The Evolving International Monetary Order and the Need for an Evolving IMF

  Lecture David Dodge Woodrow Wilson School of Public and International Affairs Princeton, New Jersey

  The world needs an international institution to promote a new monetary order—a well-functioning, market-based global financial system. This will be the subject of my remarks today.

  Content Type(s): Press, Speeches and appearances, Lectures
• March 29, 2006

  Global Imbalances: Why Worry? What to Do?

  Remarks David Dodge New York Association for Business Economics New York, New York

  These imbalances reflect the financial flows associated with mismatches in savings and investment on a global scale. Since the late 1990s, many economies outside the United States have increased their net national savings.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 29, 2006

  Governor Dodge Discusses How to Resolve Global Imbalances

  Media Relations New York, New York

  Large and persistent current account imbalances are a global problem and all countries must adopt policies that will allow market forces to resolve them, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases
• March 22, 2006

  Bank of Canada announces Deputy Governor assignment

  Media Relations Ottawa, Ontario

  On behalf of the Board of Directors of the Bank of Canada, Governor David Dodge today announced that Deputy Governor Sheryl Kennedy will be undertaking a short-term assignment as Senior Adviser to The Bank of Nova Scotia.

  Content Type(s): Press, Press releases