July 24, 2002
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July 16, 2002
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. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 3 per cent.
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Press releases
June 12, 2002
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Andrew Spence to the visiting economist position of Special Adviser for a one-year term. Mr. Spence will be taking leave from his current position as Global Head, Currency and Credit Markets Research with TD Securities, as of September 2002.
Content Type(s):
Press,
Press releases
June 11, 2002
Trust, Transparency, and Financial Markets
But first, I would like to address an important subject; that is, how to promote the efficient operation of Canada's financial markets. Rather than approaching this topic in a detailed, technical way, I want to speak about two qualities that are essential to their efficient operation: trust and transparency.
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Speeches and appearances,
Remarks
June 11, 2002
Bank of Canada Governor says trust and transparency crucial for financial markets
Canadian financial markets need trust and transparency to operate most efficiently, Bank of Canada Governor David Dodge said today in a speech to the Greater Halifax Partnership. Mr. Dodge said that the Bank of Canada's reliance on trust and transparency shows why these qualities are also important to the private sector.
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June 10, 2002
A consultation document on issues relating to the design and operation of the government debt programs for fiscal year 2002/03 and beyond, prepared jointly by the Department of Finance and the Bank of Canada as its fiscal agent, is being made public today.
Summer Consultations - Market Views Sought on Issues Relating to the Design and Operation of Government Debt Programs over 2002/03 and Beyond
Content Type(s):
Press,
Market notices
June 4, 2002
Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/2 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 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 3/4 per cent.
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Press,
Press releases
May 24, 2002
Convocation address
Remarks
David Dodge
Graduating class of the Faculty of Engineering Queen's University
Kingston, Ontario
Queen's motto is Sapientia et Doctrina Stabilitas, which we generally translate as "Wisdom and knowledge shall be the strength of thy times." This motto is especially pertinent to you as engineers graduating today.
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Speeches and appearances,
Remarks
May 14, 2002
International Financial Architecture and the Resolution of Financial Crises
Remarks
David Dodge
Canadian Club of Ottawa and the Canadian Institute of International Affairs
Ottawa, Ontario
The preamble to the Bank of Canada Act calls on us to promote the economic and financial welfare of Canada. In this context, we aim to foster good economic performance through monetary stability - that is to say, through low, stable, and predictable inflation. But no market economy can function properly unless it is also supported by an efficient and stable financial system.
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May 14, 2002
Bank of Canada Governor Reviews Progress in Strengthening International Financial Architecture and Resolving Financial Crises
Mr. Dodge stressed that in an interconnected world, Canada's open economy is very much affected by world events - hence, our strong interest in a healthy international financial environment.
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Press releases