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
• November 27, 1997

  Final report on wartime gold transactions released

  Media Relations

  The Bank of Canada today released a report by Professor Duncan McDowall of Carleton University entitled Due Diligence: A report on the Bank of Canada's handling of foreign gold during World War II.

  Content Type(s): Press, Press releases
• November 25, 1997

  Bank Rate Raised in Response to Persistent Weakness in the Canadian Dollar

  Media Relations Ottawa, Ontario

  The Bank of Canada today raised the Bank Rate by 1/4 of one percentage point to 4 per cent. The Bank's operating band for the overnight rate was similarly adjusted.

  Content Type(s): Press, Press releases
• October 1, 1997

  Bank Rate Raised by ¼ Percentage Point

  Media Relations Ottawa, Ontario

  The Bank of Canada today raised the Bank Rate and its operating band for the overnight rate by 1/4 of one percentage point.

  Content Type(s): Press, Press releases
• September 8, 1997

  Change in Issuance Pattern of Treasury Bills Beginning with the 16 September Auction

  Media Relations

  On 5 August 1997, Secretary of State (International Financial Institutions) Jim Peterson announced on behalf of Finance Minister Paul Martin that beginning with the 16 September 1997 auction.

  Content Type(s): Press, Press releases
• July 28, 1997

  Bank of Canada Releases Interim Report on Wartime Gold Transactions

  Media Relations

  The Bank of Canada today released an interim report on the results of a search for records relating to wartime gold transactions.

  Content Type(s): Press, Press releases
• June 26, 1997

  Bank Rate Raised 1/4 of a Percentage Point

  Media Relations Ottawa, Ontario

  The Bank of Canada indicated today that it had raised the Bank Rate by 1/4 of one percentage point to 3 1/2 per cent.

  Content Type(s): Press, Press releases