January 28, 1999
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January 20, 1999
The euro: Its economic implications and its lessons for Canada
We have just witnessed the dawn of a new era in Europe. Beginning this month, 11 of the 15 member countries of the European Union have joined in a currency union. And they are using the euro as their common currency. The currency union is yet another step on the road to greater economic, social, and political integration in Europe - a vision some 50 years in the making.
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January 20, 1999
Bank of Canada Governor Addresses Canadian Club of Ottawa
Bank of Canada Governor Gordon Thiessen today reviewed the economic implications of the European currency union and its lessons for Canada.
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December 7, 1998
The Canadian economy and monetary policy in unsettled times
When the Asian crisis erupted in the summer of 1997, few observers anticipated that international financial markets would still be under its influence more than a year later.
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December 7, 1998
Bank of Canada Governor Addresses Greater Victoria Chamber of Commerce
Bank of Canada Governor Gordon Thiessen today reviewed the impact of turmoil in the global economy and international financial markets on Canada's economy and monetary policy.
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November 19, 1998
Pilot Repurchase Operation Call for Tenders
The following pilot repurchase operation will be conducted by the Bank of Canada on behalf of the Government of Canada, subject to the "Standard Terms for Repurchase Operations of Government of Canada Marketable Bonds."
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November 19, 1998
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Mr. Chairman, my colleagues and I always welcome our appearances before your committee. We released our latest Monetary Policy Report this past Monday. It covers a broad range of economic and monetary issues and provides an account of our policy actions and their results. The ultimate objective of Canadian monetary policy is to help create […]
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November 18, 1998
Bank Rate Lowered by ¼ Percentage Point to 5¼ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¼ per cent.
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November 17, 1998
Opening Statement before the House of Commons Standing Committee on Finance
Mr. Chairman, my colleagues and I welcome these appearances before your committee following each edition of the Bank of Canada’s Monetary Policy Report. As you know, we published our latest report yesterday. It touches on a wide range of economic and monetary issues and provides an opportunity for us to account for our policy actions […]
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Opening statements
November 16, 1998
Release of the Monetary Policy Report
Opening statement
Gordon Thiessen
This morning we released our eighth Monetary Policy Report. The period since our last report has certainly been an eventful one from a monetary policy perspective. During the past six months, global economic uncertainties intensified, particularly following Russia's decision in August to declare a debt moratorium. Many emerging market countries were faced with large capital […]
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Opening statements