July 11, 2006
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent.
Ottawa, Ontario
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June 29, 2006
What Monetary Policy Can and Cannot Do
As Canada's central bank, we are committed to conduct monetary policy in a way that fosters confidence in the value of money. This is our primary responsibility. But the Bank has a number of other functions that are very important to economic life in Canada. We promote the safety and soundness of the financial system. -
June 28, 2006
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Professor Steve Ambler to the position of Special Adviser for the year 2006-07. -
May 24, 2006
Bank of Canada raises overnight rate target by 1/4 percentage point to 4 1/4 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 4 1/4 per cent. -
April 27, 2006
Bank of Canada releases Monetary Policy Report
The Bank of Canada today released its April Monetary Policy Report (MPR), which discusses current economic and financial trends in the context of Canada's inflation-control strategy. -
April 25, 2006
Bank of Canada raises overnight rate target by 1/4 percentage point to 4 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 4 per cent. -
April 7, 2006
Bank of Canada Reassures Canada Savings Bond Payroll Savings Program Clients Following Successful Fraud Investigation
The Bank of Canada today expressed its satisfaction with the successful investigation by the RCMP and the Ottawa Police Service of an incidence of fraudulent activity related to a small number of Canada Savings Bond Payroll Savings Program accounts. -
April 4, 2006
Bank of Canada to Upgrade $5 Bank Note
The Bank of Canada today announced that it will issue a $5 note with upgraded security features beginning 15 November 2006 as part of its ongoing effort to improve the security of Canadian bank notes. -
March 22, 2006
Bank of Canada announces Deputy Governor assignment
On behalf of the Board of Directors of the Bank of Canada, Governor David Dodge today announced that Deputy Governor Sheryl Kennedy will be undertaking a short-term assignment as Senior Adviser to The Bank of Nova Scotia. -
March 10, 2006
Bank of Canada Announces Research Fellowship for 2006
The Bank of Canada today announced that Professor Gregor Smith of Queen's University is the recipient of the Bank's Research Fellowship for 2006.