Press

• January 17, 2001

  Redesigned $10 Bank Note Launched - New Note Series to Feature Canada's Culture, History and Achievements

  Media Relations Ottawa, Ontario

  The Bank of Canada launched the first in a new series of bank notes today. The themes of the notes in the new series, entitled Canadian Journey, reflect Canadians' views of their culture, history, and achievements, said Gordon Thiessen, Governor of the Bank of Canada, as he unveiled the $10 note at the Bank.

  Content Type(s): Press, Press releases
• January 15, 2001

  Janet Cosier Appointed Chair of Canadian Payments Association

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Janet Cosier, Adviser to the Governor, has been appointed Chair of the Board of Directors of the Canadian Payments Association.

  Content Type(s): Press, Press releases
• December 20, 2000

  David Dodge Appointed Governor of the Bank of Canada

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada announced today that, pursuant to Section 6 of the Bank of Canada Act, it has appointed David Dodge as Governor of the Bank of Canada for a seven-year term, effective 1 February 2001.

  Content Type(s): Press, Press releases
• December 5, 2000

  Bank of Canada keeps Bank Rate at 6 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining the Bank Rate at 6 per cent. The operating band for the overnight rate is unchanged, and the Bank’s target for the overnight rate remains at 5 3/4 per cent.

  Content Type(s): Press, Press releases
• December 4, 2000

  Bank of Canada Governor concludes that a floating exchange rate regime continues to make sense for Canada

  Media Relations Montréal, Quebec

  In a speech to the Chambre de commerce du Montréal métropolitain, Bank of Canada Governor Gordon Thiessen reviewed the different sides of the argument with respect to a floating exchange rate regime, and concluded that a floating currency continues to make sense for Canada.

  Content Type(s): Press, Press releases
• December 4, 2000

  Why a Floating Exchange Rate Regime Makes Sense for Canada

  Remarks Gordon Thiessen Chambre de commerce du Montréal métropolitain Montréal, Quebec

  One of the issues that has often surfaced over the years is the exchange rate for the Canadian dollar. Indeed, over the past couple of years, it has been a topic of considerable public discussion.

  Content Type(s): Press, Speeches and appearances, Remarks
• December 1, 2000

  Market Views Sought on Issues Relating to the Design and Operation of Government Debt Programs over 2001-02

  A consultation document on issues relating to the design and operation of government debt programs over 2001-2002, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today.

  Content Type(s): Press, Market notices
• November 29, 2000

  Government of Canada Pilot Cash Management Bond Buyback Program Launch: Operational Framework

  On behalf of the Minister of Finance, the Bank of Canada announced today that the government will be proceeding on a pilot basis with a bond buyback program for cash management purposes. The program is designed to reduce the peak levels of government cash balances needed to redeem large upcoming maturities of Government of Canada marketable bonds. Design of the operational framework has been based on consultations with market participants.

  Content Type(s): Press, Announcements
• November 28, 2000

  Bank of Canada to Offer Term SPRAs and May Purchase BAs over Year-end

  The Bank of Canada today announced its intention to temporarily add assets to its balance sheet to offset the anticipated $2 billion to $3 billion seasonal increase in the demand for bank notes. These operations have no monetary policy significance.

  Content Type(s): Press, Market notices
• November 9, 2000

  Release of the Monetary Policy Report

  Opening statement Gordon Thiessen

  This morning we released our latest Monetary Policy Report. In the six months since the May Report, our economy has outperformed expectations, spurred by strong domestic and foreign demand for Canadian products. We now expect that growth will average 5 per cent in 2000 and 3 to 4 per cent in 2001. Despite this stronger-than-anticipated […]

  Content Type(s): Press, Speeches and appearances, Opening statements