Press Releases

• September 2, 1998

  Renegotiation of Standby Credit Facility

  Media Relations Ottawa, Ontario

  On behalf of the Minister of Finance, it was announced today that Canada has renegotiated its existing U.S.$6.0 billion standby credit facility with international banks.

  Content Type(s): Press, Press releases
• August 27, 1998

  Bank Rate Raised by 1 Percentage Point

  Media Relations Ottawa, Ontario

  The Bank of Canada today raised its Bank Rate by one percentage point to 6 per cent.

  Content Type(s): Press, Press releases
• May 27, 1998

  Bank of Canada Governor speaks at La Conférence de Montréal

  Media Relations

  In a speech delivered today to delegates to La Conférence de Montréal, Bank of Canada Governor Gordon Thiessen examined the impact of financial market globalization on the world economy.

  Content Type(s): Press, Press releases
• May 13, 1998

  Bank of Canada Governor comments on release of the Monetary Policy Report

  Media Relations

  Bank of Canada Governor Gordon Thiessen today commented on the release of the semi-annual Monetary Policy Report, which discusses current economic trends and their implications for monetary policy.

  Content Type(s): Press, Press releases
• April 8, 1998

  Second Discussion Paper Released on Government of Canada - Debt Auction Process

  Donna Howard

  A second discussion paper outlining proposed changes in the rules for, and the surveillance of, auctions of Government of Canada securities was released for public comment today by the Bank of Canada.

  Content Type(s): Press, Press releases
• April 1, 1998

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations

  Professor David Laidler of the University of Western Ontario has been chosen to fill the newly-created visiting economist position of Special Adviser in the Bank of Canada for a one-year term beginning in August 1998.

  Content Type(s): Press, Press releases
• February 24, 1998

  Inflation-Control Targets Extended

  Media Relations

  The Bank of Canada today released a joint statement of the Government of Canada and the Bank of Canada on the extension of the inflation-control targets.

  Content Type(s): Press, Press releases
• January 30, 1998

  Bank Rate Raised to 5 Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today raised its Bank Rate by ½ of one percentage point to 5 per cent.

  Content Type(s): Press, Press releases
• December 30, 1997

  Bank Releases Guideline for Regulatory Oversight Under Payment Clearing and Settlement Act

  Clyde Goodlet

  The Bank of Canada today released a guideline outlining how it intends to carry out its responsibilities under the Payment Clearing and Settlement Act (PCSA).

  Content Type(s): Press, Press releases
• December 12, 1997

  Bank Rate Raised to 4 1/2 Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today raised its Bank rate by ½ of one percentage point to 4 ½ per cent.

  Content Type(s): Press, Press releases