July 18, 2001
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July 17, 2001
Bank of Canada lowers key policy interest rate by 1/4 percentage point to 4 1/4 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate* by one-quarter of one percentage point to 4 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 4 1/2 per cent.
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July 13, 2001
Statement From the Governor
On behalf of the staff and Board of Directors of the Bank of Canada, Governor David Dodge today issued the following statement on the death this week of Tim Noël, Deputy Governor of the Bank since 1994:
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June 27, 2001
Bank of Canada awards contract for outsourcing of retail debt systems and operations support
The Bank of Canada has signed a contract with EDS Canada Inc. for the provision of systems and operations support services for the federal government's retail debt program to ensure more flexible and cost-effective service.
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June 26, 2001
Canada's Monetary Policy Approach: It Works for Canadians
The Bank of Canada's commitment is to contribute to the economic well-being of Canadians. This means conducting monetary policy so that it fosters sustained economic growth - by creating conditions that favour rising output, employment, and incomes, and a stable macroeconomic environment.
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