May 1, 2001
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April 20, 2001
Governor talks about the Bank of Canada's contribution to monetary and financial stability and about the current economic situation
n a speech today to The Vancouver Board of Trade, Governor David Dodge said that the Bank of Canada contributes to the economic well-being of Canadians by preserving confidence in the value of money and by promoting the safety and soundness of Canada's financial system.
Content Type(s):
Press,
Press releases
April 20, 2001
The Bank of Canada's Contribution to the Economic Well-Being of Canadians
The Bank of Canada has a commitment to contribute to the economic well-being of Canadians. In other words, we must conduct monetary policy so that it fosters sustained economic growth. Fundamentally, this means creating conditions that favour rising employment and incomes, strong investment, and a more stable macroeconomic environment.
Content Type(s):
Press,
Speeches and appearances,
Remarks
April 17, 2001
Bank of Canada lowers Bank Rate by 1/4 per cent
The Bank of Canada today announced that it is lowering the Bank Rate by one-quarter of one percentage point to 5 per cent. The operating band for the overnight rate* is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 4 3/4 per cent.
Content Type(s):
Press,
Press releases
March 29, 2001
The Bank of Canada is changing two of its operational procedures relating to the Large Value Transfer System (LVTS), effective 2 April 2001.
Changes to certain Bank of Canada operational procedures relating to the Large Value Transfer System and the use of purchases and sales of bankers' acceptances in managing the Bank of Canada's balance sheet
Content Type(s):
Press,
Announcements