January 27, 2000
Press
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December 22, 1999
Bank of Canada Announces Deputy Governor Appointment
The appointment of Pierre Duguay as Deputy Governor and member of the Governing Council of the Bank of Canada was announced today on behalf of the Bank's Board of Directors. -
December 6, 1999
The Canadian economy, productivity, and our standard of living
Over the past couple of years, there has been considerable debate about productivity and our standard of living in Canada. For the most part, the discussion of these issues has been useful, but at times it has been somewhat confusing. -
December 6, 1999
Bank of Canada Governor speaks to The Fraser Institute
There is increasing international consensus that monetary policy can contribute to productivity growth and rising standards of living by establishing a stable, low-inflation environment, Bank of Canada Governor Gordon Thiessen told The Fraser Institute in a speech today. -
November 17, 1999
Release of the Monetary Policy Report
Good morning. The Bank of Canada has just released its tenth Monetary Policy Report. This morning, we also raised our target for the overnight interest rate by 1/4 of one percentage point to 4 3/4 per cent. This follows a similar increase yesterday in the U.S. Federal Funds rate to 5 ½ per cent. The […] -
November 17, 1999
Bank of Canada releases its semi-annual Monetary Policy Report
Today the Bank of Canada released its tenth Monetary Policy Report in which it discusses economic and financial trends in the context of Canada's inflation-control strategy. -
November 17, 1999
Bank Rate Raised by ¼ Percentage Point to 5 Per Cent
The Bank of Canada today raised its Bank Rate by ¼ of one percentage point to 5 per cent. -
November 2, 1999
The Challenges for Canadian Monetary Policy in the Year 2000
Monetary policy actions take a relatively long time to affect the economy and inflation—anywhere between 12 to 24 months. Because of this, central banks must always look ahead and must put in place today the monetary conditions that are needed to help keep the economy on a sustainable path down the road. By 'sustainable' I mean a situation where economic growth and job creation are not at risk from rising inflation. -
November 2, 1999
Bank of Canada Governor speaks to the Greater Charlottetown Area Chamber of Commerce
The Bank of Canada expects a positive economic picture going into next year, Bank of Canada Governor Gordon Thiessen told the Greater Charlottetown Area Chamber of Commerce today. -
September 23, 1999
Canada's economy as the year 2000 approaches
It is always a pleasure to return and speak to people in my home province. This time, we are here for a meeting of the Bank of Canada's Board of Directors. Once a year, our Board meets outside Ottawa, in a different part of the country. This year, we are delighted to be in Regina.