November 17, 1999
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November 17, 1999
Bank Rate Raised by ¼ Percentage Point to 5 Per Cent
The Bank of Canada today raised its Bank Rate by ¼ of one percentage point to 5 per cent.
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November 2, 1999
The Challenges for Canadian Monetary Policy in the Year 2000
Remarks
Gordon Thiessen
the Greater Charlottetown Area Chamber of Commerce
Charlottetown, Prince Edward Island
Monetary policy actions take a relatively long time to affect the economy and inflation—anywhere between 12 to 24 months. Because of this, central banks must always look ahead and must put in place today the monetary conditions that are needed to help keep the economy on a sustainable path down the road. By 'sustainable' I mean a situation where economic growth and job creation are not at risk from rising inflation.
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Speeches and appearances,
Remarks
November 2, 1999
Bank of Canada Governor speaks to the Greater Charlottetown Area Chamber of Commerce
The Bank of Canada expects a positive economic picture going into next year, Bank of Canada Governor Gordon Thiessen told the Greater Charlottetown Area Chamber of Commerce today.
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Press,
Press releases
September 23, 1999
Canada's economy as the year 2000 approaches
It is always a pleasure to return and speak to people in my home province. This time, we are here for a meeting of the Bank of Canada's Board of Directors. Once a year, our Board meets outside Ottawa, in a different part of the country. This year, we are delighted to be in Regina.
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Press,
Speeches and appearances,
Remarks