January 28, 1999
Press
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January 20, 1999
The euro: Its economic implications and its lessons for Canada
We have just witnessed the dawn of a new era in Europe. Beginning this month, 11 of the 15 member countries of the European Union have joined in a currency union. And they are using the euro as their common currency. The currency union is yet another step on the road to greater economic, social, and political integration in Europe - a vision some 50 years in the making. -
January 20, 1999
Bank of Canada Governor Addresses Canadian Club of Ottawa
Bank of Canada Governor Gordon Thiessen today reviewed the economic implications of the European currency union and its lessons for Canada.