July 13, 2001
Media Relations
Latest
June 27, 2001
Bank of Canada awards contract for outsourcing of retail debt systems and operations support
The Bank of Canada has signed a contract with EDS Canada Inc. for the provision of systems and operations support services for the federal government's retail debt program to ensure more flexible and cost-effective service.
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June 26, 2001
Bank of Canada Governor says Canada's monetary policy approach works
The Governor stressed that the real value of a floating currency for Canada is that it helps absorb some of the impact of external shocks that affect Canada differently than the United States because of important differences in the economic structures of the two nations.
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June 4, 2001
Bank of Canada Announces Appointment of Special Adviser
Professor John Chant of Simon Fraser University has been chosen to fill the visiting economist position of Special Adviser in the Bank of Canada for a one-year term beginning in September 2001.
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May 29, 2001
Bank of Canada lowers key policy rate by 1/4 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 4 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is reduced by one-quarter of one percentage point to 4 3/4 per cent.
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