Media Relations - Latest

• November 7, 2001

  Bank of Canada releases semi-annual Monetary Policy Report

  Media Relations

  The Bank of Canada today released its semi-annual Monetary Policy Report in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases
• October 24, 2001

  Bank of Canada Governor focuses on current and future economic challenges for Canada

  Media Relations Moncton, New Brunswick

  As we all strive to come to terms with this tragedy and its implications, it is understandable that our immediate preoccupation is with near-term issues, he said. Nonetheless, it is "critically important that we maintain a sense of perspective - that we step back and look past current developments, focusing also on the longer-term trends in our economy and its potential."

  Content Type(s): Press, Press releases
• October 23, 2001

  Bank of Canada lowers key policy interest rate by 3/4 percentage point to 2 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate* by three-quarters of one percentage point to 2 3/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3 per cent.

  Content Type(s): Press, Press releases
• October 9, 2001

  Survey of foreign exchange and derivatives market activity in Canada

  Media Relations Ottawa, Ontario

  Summary results of a survey of activity in Canadian foreign exchange and derivatives markets conducted by the Bank of Canada in April 2001 are now available. Similar surveys were undertaken in over 45 other countries during the same month, and the central banks of many of those countries are also releasing their results today.

  Content Type(s): Press, Press releases
• October 1, 2001

  Bank of Canada releases 2002 schedule of dates for policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its schedule of eight dates for announcing decisions on its key policy interest rate for 2002.

  Content Type(s): Press, Press releases
• September 17, 2001

  Change announced for scheduled Board meeting and speech

  Media Relations

  This week's meeting of the Bank of Canada Board of Directors scheduled for Moncton will now take place in Ottawa. The next regularly scheduled meeting of the Board in late October will be held in Moncton.

  Content Type(s): Press, Press releases
• September 17, 2001

  Bank of Canada lowers key policy interest rate by 1/2 percentage point to 3 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of one percentage point to 3 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3 3/4 per cent.

  Content Type(s): Press, Press releases
• September 14, 2001

  Bank of Canada update on financial markets to 14 September

  Media Relations

  Canada's payments, clearing and settlement systems have functioned well this week. The Bank of Canada continues to provide liquidity as needed. Trading activity in Canadian bond and money markets has increased since Wednesday and bid-ask spreads have narrowed, while activity in the foreign exchange markets has been very subdued.

  Content Type(s): Press, Press releases
• September 14, 2001

  Swap Facility with U.S. Federal Reserve

  Media Relations

  The Bank of Canada and the U.S. Federal Reserve have agreed to a temporary augmentation of their existing swap facility in order to facilitate the functioning of financial markets and provide liquidity in U.S. dollars.

  Content Type(s): Press, Press releases
• September 12, 2001

  Bank of Canada update on financial markets

  Media Relations

  Canada's payments, clearing and settlement systems are functioning well, with the Bank of Canada providing ample liquidity. Equity and futures markets were closed today, but Canadian bond, money and foreign exchange markets were open, with very light trading volumes.

  Content Type(s): Press, Press releases