March 20, 2001
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March 6, 2001
Bank of Canada lowers Bank Rate to 5 1/4 per cent
The Bank of Canada today announced that it is lowering the Bank Rate by one-half of one percentage point to 5 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 5 per cent.
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February 20, 2001
Governor underlines Bank of Canada's ongoing commitment to good economic performance
In highlighting the Bank's commitment to contribute to the economic well-being of Canadians, Mr. Dodge said that the Bank must continue to "conduct monetary policy so as to promote sustained economic growth, create conditions conducive to rising investment, employment, and incomes, and encourage a more stable macroeconomic environment." He stressed that the best contribution monetary policy can make to such an outcome is "to keep future inflation low, stable, and predictable."
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January 23, 2001
Bank of Canada lowers Bank Rate to 5 3/4 per cent
The Bank of Canada today announced that it is lowering the Bank Rate by one-quarter of one percentage point to 5 3/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 5 1/2 per cent.
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January 22, 2001
Bank of Canada Governor says Canada's economy faces the future with sound foundations
In a speech to the Canadian Club of Toronto, Bank of Canada Governor Gordon Thiessen reviewed Canada's economic performance during the 1990s, focusing on the changes that have taken place in our economy and what these changes mean for the future.
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January 17, 2001
Redesigned $10 Bank Note Launched - New Note Series to Feature Canada's Culture, History and Achievements
The Bank of Canada launched the first in a new series of bank notes today. The themes of the notes in the new series, entitled Canadian Journey, reflect Canadians' views of their culture, history, and achievements, said Gordon Thiessen, Governor of the Bank of Canada, as he unveiled the $10 note at the Bank.
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January 15, 2001
Janet Cosier Appointed Chair of Canadian Payments Association
The Bank of Canada announced today that Janet Cosier, Adviser to the Governor, has been appointed Chair of the Board of Directors of the Canadian Payments Association.
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December 20, 2000
David Dodge Appointed Governor of the Bank of Canada
The Board of Directors of the Bank of Canada announced today that, pursuant to Section 6 of the Bank of Canada Act, it has appointed David Dodge as Governor of the Bank of Canada for a seven-year term, effective 1 February 2001.
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December 5, 2000
Bank of Canada keeps Bank Rate at 6 per cent
The Bank of Canada today announced that it is maintaining the Bank Rate at 6 per cent. The operating band for the overnight rate is unchanged, and the Bank’s target for the overnight rate remains at 5 3/4 per cent.
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December 4, 2000
Bank of Canada Governor concludes that a floating exchange rate regime continues to make sense for Canada
In a speech to the Chambre de commerce du Montréal métropolitain, Bank of Canada Governor Gordon Thiessen reviewed the different sides of the argument with respect to a floating exchange rate regime, and concluded that a floating currency continues to make sense for Canada.
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