Press

• February 20, 2003

  Call for Input: Improving Financial System Data in Canada

  Canada's financial system consists of financial institutions, financial markets, and clearing and settlement systems. It is a key part of the infrastructure of our economy.

  Content Type(s): Press, Market notices
• February 18, 2003

  Government of Canada Debt Programs - Follow up to Change in Debt Structure Announced in 2003 Budget

  As announced in the 2003 Budget, the Government will gradually reduce the fixed-rate portion of the debt from two-thirds to 60 per cent. The reduction will begin in the upcoming fiscal year and will be implemented in an orderly and transparent manner over the next five years to maintain a well-functioning Government of Canada securities market.

  Content Type(s): Press, Market notices
• January 29, 2003

  Monetary Policy Protects Canada from Persistent Inflation and Deflation, Governor Says

  Media Relations Toronto, Ontario

  In a speech to the Speakers Forum, Bank of Canada Governor David Dodge said today that Canada's macroeconomic policy framework is protecting the economy from both persistently high inflation and the threat of deflation.

  Content Type(s): Press, Press releases
• January 29, 2003

  Monetary Policy: Meeting the Challenges of an Uncertain World

  Remarks David Dodge Speakers Forum Toronto, Ontario

  I'll discuss what's happening to prices in the economy and how Canada's macroeconomic policy framework protects it from the risks of persistent inflation or deflation. Finally, I will update our outlook for the Canadian economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 23, 2003

  Bank of Canada releases Monetary Policy Report Update

  Media Relations

  The Bank of Canada today released its Update to the October Monetary Policy Report.

  Content Type(s): Press, Press releases
• January 23, 2003

  Release of Monetary Policy Report Update

  Opening statement David Dodge

  Core inflation has been higher than anticipated in recent months. This reflects not only a stronger-than-expected increase in premiums for auto and home insurance, but also some broadening of price pressures resulting from strong demand in the economy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 21, 2003

  Bank of Canada keeps target for the overnight rate at 2 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent.

  Content Type(s): Press, Press releases
• January 13, 2003

  Senior Deputy Governor Malcolm Knight appointed new General Manager of the Bank for International Settlements

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank for International Settlements (BIS), based in Switzerland, announced today the appointment of Malcolm Knight as the new General Manager of the BIS, beginning in April 2003.

  Content Type(s): Press, Press releases
• December 3, 2002

  Bank of Canada keeps target for the overnight rate at 2 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 per cent.

  Content Type(s): Press, Press releases
• December 2, 2002

  Change to Bank of Canada Interest Rate Spread for Items Cleared through the Automated Clearing Settlement System (ACSS)

  The Canadian Payments Association introduced the Large Value Transfer System, an electronic system for the transfer of payments, on 4 February 1999. Virtually all of the value of public sector payment flows and most payments related to wholesale market transactions now move through the LVTS.

  Content Type(s): Press, Market notices