Media Relations - Latest

• July 13, 2001

  Statement From the Governor

  Media Relations

  On behalf of the staff and Board of Directors of the Bank of Canada, Governor David Dodge today issued the following statement on the death this week of Tim Noël, Deputy Governor of the Bank since 1994:

  Content Type(s): Press, Press releases
• June 27, 2001

  Bank of Canada awards contract for outsourcing of retail debt systems and operations support

  Media Relations

  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.

  Content Type(s): Press, Press releases
• June 26, 2001

  Bank of Canada Governor says Canada's monetary policy approach works

  Media Relations Edmonton, Alberta

  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.

  Content Type(s): Press, Press releases
• June 4, 2001

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations

  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.

  Content Type(s): Press, Press releases
• May 29, 2001

  Bank of Canada lowers key policy rate by 1/4 per cent

  Media Relations Ottawa, Ontario

  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.

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

  Mark Jewett Appointed General Counsel to the Bank of Canada

  Media Relations Ottawa, Ontario

  The appointment of Mark Jewett as General Counsel and Corporate Secretary to the Bank of Canada has been approved by the Board of Directors of the Bank. Mr. Jewett will work in close collaboration with the Governing Council of the Bank on all management and financial stability matters. He will join the Bank on 25 June 2001.

  Content Type(s): Press, Press releases
• May 18, 2001

  Bank releases background information on renewal of the inflation-control target

  Media Relations Ottawa, Ontario

  The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which provides additional details on the target arrangements and on how the Bank plans to implement them in order to increase the predictability of inflation over the longer term. This release follows the announcement yesterday by the Government of Canada and the Bank that the inflation-control target is being renewed for a period of five years to the end of 2006.

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

  Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target

  Media Relations

  The objective of Canada's monetary policy is to support and advance national economic well-being by contributing to sustained economic growth, rising levels of employment and improved living standards. The best contribution monetary policy can make to securing this outcome is to preserve confidence in the value of money by providing individuals and businesses with the certainty of a stable, low-inflation environment for their economic decisions.

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

  Bank of Canada releases semi-annual Monetary Policy Report

  Media Relations

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

  Content Type(s): Press, Press releases
• April 20, 2001

  Governor talks about the Bank of Canada's contribution to monetary and financial stability and about the current economic situation

  Media Relations Vancouver, British Columbia

  n a speech today to The Vancouver Board of Trade, Governor David Dodge said that the Bank of Canada contributes to the economic well-being of Canadians by preserving confidence in the value of money and by promoting the safety and soundness of Canada's financial system.

  Content Type(s): Press, Press releases