Press

• 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
• September 28, 2004

  Survey of Foreign Exchange and Derivatives Market Activity in Canada

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
• 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.

  Content Type(s): Press, Market notices
• September 20, 2004

  Governor Dodge Discusses Monetary Policy in an Evolving World Economy

  Media Relations Calgary, Alberta

  Bank of Canada Governor David Dodge today reviewed Canada's economic outlook and prospects for monetary policy in the context of the evolving world economy.

  Content Type(s): Press, Press releases
• September 20, 2004

  Canadian Monetary Policy in an Evolving World Economy

  Remarks David Dodge Canadian Chamber of Commerce Calgary, Alberta

  The Bank does look to the Chamber to help us understand how economic developments are unfolding at the industry level. And I particularly want to thank the Chamber for being an ongoing partner in our efforts to smoothly introduce three new high-denomination bank notes this year.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 13, 2004

  Modifications to the minimum bidding requirements and the maximum bidding limit at auctions of non-fungible Cash Management Bills (CMBs).

  Effective September 15, for a trial period lasting at least 12 months, minimum bidding requirements and maximum bidding limits will be suspended for auctions of Cash Management Bills (CMBs) which are non-fungible (i.e., do not share a common maturity date with a previously-issued 3-, 6- or 12-month treasury bill). All other provisions of the Terms of Participation will continue to apply to auctions of non-fungible CMBs.

  Content Type(s): Press, Market notices
• September 13, 2004

  Exterior Glazing System Remediation Project

  Work on the Bank's Exterior Glazing System Remediation Project has recently begun. This project will involve replacing all the exterior windows and fixtures of the Head Office Towers.

  Content Type(s): Press, Market notices
• September 8, 2004

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

  Content Type(s): Press, Press releases