September 22, 2005
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September 9, 2005
The Evolution and Resolution of Global Imbalances
Today, I will talk about two types of global economic imbalances. The first relates to the way that savings and investment are being distributed across countries in an increasingly uneven way. The second is the possibility that, over the next couple of decades, the global economy might face a protracted period in which desired savings exceed planned investment, partly because of demographic trends.
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September 7, 2005
Bank of Canada raises overnight rate target by 1/4 percentage point to 2 3/4 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 2 3/4 per cent.
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August 25, 2005
Bank of Canada Announces 2005 Recipients of Annual Law-Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada is pleased to announce the 2005 recipients of its annual Law-Enforcement Award of Excellence for Counterfeit Deterrence.
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August 11, 2005
Bank of Canada releases 2006 schedule of dates for its policy interest rate announcements
The announcement dates from September 2005 through December 2006
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Press releases
August 8, 2005
Today, the findings of the review and Changes to the Government of Canada Debt Distribution Framework are being made public on the Bank's website. The changes will become effective in October 2005, following the update of the Terms of Participation and the Standard Terms for Government of Canada auctions.
Review of the Government of Canada Debt Distribution Framework
Content Type(s):
Press,
Market notices
July 28, 2005
Bank of Canada Announces Appointment of Special Adviser
Mr. Little, who will join the Bank in September, is a recently retired journalist from the Globe and Mail, where he spent most of the past two decades writing about economics and public finance.
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July 14, 2005
Bank of Canada releases Monetary Policy Report Update
The Bank of Canada today released its July Monetary Policy Report Update, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.
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July 14, 2005
Release of the Monetary Policy Report Update
Opening statement
David Dodge
Global and Canadian economic developments have been unfolding broadly as expected, and the Bank's outlook for output and inflation in Canada through to the end of 2006 is little changed from the scenario outlined in the April Report. Strong growth in final domestic demand in Canada continues to offset the drag from net exports.
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July 12, 2005
Bank of Canada keeps target for the overnight rate at 2 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent.
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