Uncategorized

• March 6, 2001

  Bank of Canada lowers Bank Rate to 5 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering the Bank Rate by one-half of one percentage point to 5 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 5 per cent.

  Content Type(s): Press, Press releases
• March 1, 2001

  Net Position Reports - Formal Recommendation from the Bank of Canada

  The Bank of Canada announced today that it has sent the following letter to the Investment Dealers Association of Canada.

  Content Type(s): Press, Market notices
• February 27, 2001

  Fall Consultations—2000: Summary of Comments

  As it does every year during the Fall, the government sought views from market participants on a number of issues related to the design and operations of government debt programs in the next fiscal year. To allow comments to be received from a broader range of participants, the consultation documents were available on the Bank […]
• February 27, 2001

  Fall Consultations - 2000: Summary of Comments

  As it has done in the Fall of previous years, the Department of Finance jointly with the Bank of Canada held consultations with market participants on issues relating to the design and operation of government debt programs in 2001-2002.

  Content Type(s): Press, Announcements
• February 20, 2001

  The Bank of Canada and Monetary Policy: Future Directions

  Remarks David Dodge Toronto Board of Trade Toronto, Ontario

  There are three main issues I want to address publicly as I begin my term: the Bank's contribution to good economic performance; the Bank's contribution to promoting financial stability, both nationally and internationally; and the importance of open and frank dialogue with business, labour, and the general public.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 6, 2001

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  This morning, we released our Update to last November's Monetary Policy Report. This Update was completed at the time of the Bank Rate announcement on 23 January. It presents the analysis on which we based our decision to reduce the Bank Rate by 25 basis points.

  Content Type(s): Press, Speeches and appearances, Opening statements
• February 6, 2001

  Monetary Policy Report Update – February 2001

  On 23 January, the Bank reduced the Bank Rate by one-quarter of one percentage point to 5 3/4 per cent.

  Content Type(s): Publications, Monetary Policy Report

• Exact Non-Parametric Tests for a Random Walk with Unknown Drift under Conditional Heteroscedasticity

  Staff Working Paper 2001-2 Richard Luger

  This paper proposes a class of linear signed rank statistics to test for a random walk with unknown drift in the presence of arbitrary forms of conditional heteroscedasticity.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Econometric and statistical methods JEL Code(s): C, C1, C12, C2, C22
• January 29, 2001

  Annual Report 2000

  

  The Canadian economy continued to expand robustly in 2000 while inflation remained low.

  Content Type(s): Publications, Annual Report
• January 23, 2001

  Bank of Canada lowers Bank Rate to 5 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering the Bank Rate by one-quarter of one percentage point to 5 3/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 5 1/2 per cent.

  Content Type(s): Press, Press releases