February 16, 2000
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February 3, 2000
Bank Rate Raised by 1/4 Percentage Point to 5 1/4 Per Cent
The Bank of Canada raised its Bank Rate today by ¼ of one percentage point to 5¼ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank’s target for the overnight rate is now 5 per cent.
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Press,
Press releases
January 27, 2000
Bank of Canada Governor speaks to the Metropolitan Halifax Chamber of Commerce
There has been a dramatic move among major central banks over the past decade towards greater transparency in monetary policy, Bank of Canada Governor Gordon Thiessen told the Metropolitan Halifax Chamber of Commerce in a speech today. This process has been driven not only by the general trend to greater accountability on the part of […]
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Press,
Press releases
January 27, 2000
Accountability and Transparency in Canada's Monetary Policy
Public sector institutions have been undergoing significant changes over the past decade. One of the most important changes has been the move to greater accountability. Public institutions are now required to be more open and to provide more information about their operations. Or, to use the word currently in vogue, to be more “transparent.”
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Press,
Speeches and appearances,
Remarks
December 22, 1999
Bank of Canada Announces Deputy Governor Appointment
The appointment of Pierre Duguay as Deputy Governor and member of the Governing Council of the Bank of Canada was announced today on behalf of the Bank's Board of Directors.
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Press,
Press releases
December 6, 1999
The Canadian economy, productivity, and our standard of living
Over the past couple of years, there has been considerable debate about productivity and our standard of living in Canada. For the most part, the discussion of these issues has been useful, but at times it has been somewhat confusing.
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Press,
Speeches and appearances,
Remarks
December 6, 1999
Bank of Canada Governor speaks to The Fraser Institute
There is increasing international consensus that monetary policy can contribute to productivity growth and rising standards of living by establishing a stable, low-inflation environment, Bank of Canada Governor Gordon Thiessen told The Fraser Institute in a speech today.
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November 17, 1999
Release of the Monetary Policy Report
Opening statement
Gordon Thiessen
Good morning. The Bank of Canada has just released its tenth Monetary Policy Report. This morning, we also raised our target for the overnight interest rate by 1/4 of one percentage point to 4 3/4 per cent. This follows a similar increase yesterday in the U.S. Federal Funds rate to 5 ½ per cent. The […]
Content Type(s):
Press,
Speeches and appearances,
Opening statements
November 17, 1999
Bank of Canada releases its semi-annual Monetary Policy Report
Today the Bank of Canada released its tenth Monetary Policy Report in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.
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Press,
Press releases
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.
Content Type(s):
Press,
Press releases