December 9, 2004
Governor Dodge Says Canada Must Improve Its Financial System Efficiency
Bank of Canada Governor David Dodge said today it is imperative that Canada work to enhance the efficiency of its financial system.
Press Releases
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December 7, 2004
Bank of Canada keeps target for the overnight rate at 2 1/2 per cent
he Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent. -
December 1, 2004
Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence
Effective today, the Bank of Canada is inviting nominations for the second annual Law Enforcement Award of Excellence for Counterfeit Deterrence. This award is presented to one or more police officers, employees, or volunteers of a Canadian law enforcement agency who have demonstrated outstanding commitment and initiative in the fight against bank note counterfeiting or in the prevention of counterfeiting. -
November 17, 2004
Bank of Canada Issues New $50 Bank Note
The Bank of Canada today put into circulation Canada's new $50 bank note. The new note will be distributed and become available across the country over the next few weeks. -
October 21, 2004
Deputy Governor Mark Carney appointed Senior Associate Deputy Minister of Finance
The Prime Minister announced today that Mark Carney, Deputy Governor of the Bank of Canada, has been appointed Senior Associate Deputy Minister of Finance, effective 15 November. -
October 21, 2004
Bank of Canada releases Monetary Policy Report
The Canadian economy has grown faster than was projected in last April's Monetary Policy Report and the July Update, largely because of a surge in exports. It is now operating near its production capacity and continues to adjust to global economic developments. -
October 19, 2004
Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/2 per cent
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 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 3/4 per cent. -
October 13, 2004
Bank of Canada Unveils New $50 Bank Note
The Bank of Canada today unveiled Canada's new $50 bank note, the theme of which is Nation Building: shaping the political, legal, and social structures for democracy and equality. The new note was unveiled at a ceremony in Calgary, Alberta by the Honourable Senator Joyce Fairbairn and David Dodge, Governor of the Bank of Canada. -
September 29, 2004
Bank of Canada Issues New $20 Bank Notes
"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. -
September 28, 2004
Survey of Foreign Exchange and Derivatives Market Activity in Canada
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.