Media Relations - Latest

• December 4, 2000

  Bank of Canada Governor concludes that a floating exchange rate regime continues to make sense for Canada

  Media Relations Montréal, Quebec

  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.

  Content Type(s): Press, Press releases
• November 9, 2000

  Bank of Canada releases semi-annual Monetary Policy Report

  Media Relations

  The Bank of Canada today released its twelfth 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
• October 30, 2000

  Bank of Canada releases dates for announcing Bank Rate actions

  Media Relations Ottawa, Ontario

  The Bank of Canada today made public the dates through the year 2001 on which it will announce any changes to the official interest rate it uses to implement monetary policy. Last month the Bank outlined its plan to adopt a new system of pre-set or "fixed" dates for announcing changes to the Bank Rate, […]

  Content Type(s): Press, Press releases
• September 26, 2000

  Bank of Canada to issue new bank notes

  Media Relations Ottawa, Ontario

  The Bank of Canada will issue a new series of bank notes beginning in January 2001 to further enhance the security of Canada's currency.

  Content Type(s): Press, Press releases
• September 19, 2000

  Bank of Canada to adopt fixed dates for announcing Bank Rate changes

  Media Relations Ottawa, Ontario

  The Bank of Canada today outlined details of its plan to adopt a system of eight “fixed” or pre-specified dates each year for announcing any changes to the official interest rate it uses to implement monetary policy—the rate of interest it charges on short-term loans to financial institutions.

  Content Type(s): Press, Press releases
• September 14, 2000

  Bank of Canada Governor reviews economic developments and outlines proposed new arrangements for announcing interest rate changes

  Media Relations Calgary, Alberta

  In a speech to the Calgary Chamber of Commerce today, Bank of Canada Governor Gordon Thiessen gave an update on the Bank's outlook for the Canadian economy. He also outlined plans to move to a system of pre-set dates for announcing changes in official interest rates as part of the Bank's ongoing efforts to improve […]

  Content Type(s): Press, Press releases
• June 15, 2000

  Bank of Canada Governor speaks to the Kelowna Chamber of Commerce

  Media Relations Kelowna, British Columbia

  "Low and stable inflation is good for business, good for the consumer, and good for the economy as a whole," Bank of Canada Governor Gordon Thiessen told the Kelowna Chamber of Commerce today in a luncheon speech that focused on the contribution that monetary policy makes towards an environment that supports economic activity. Mr. Thiessen […]

  Content Type(s): Press, Press releases
• June 1, 2000

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations

  Professor Angela Redish of the University of British Columbia has been chosen to fill the visiting economist position of Special Adviser in the Bank of Canada for a one-year term beginning in August 2000.

  Content Type(s): Press, Press releases
• May 17, 2000

  Bank of Canada Raises Target Overnight Rate by ½ Percentage Point to 5¾ Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada raised its target for the overnight rate by one-half of one percentage point to 5¾ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank Rate is now 6 per cent.

  Content Type(s): Press, Press releases
• May 11, 2000

  Bank of Canada releases its semi-annual Monetary Policy Report

  Media Relations

  The Bank of Canada today released its eleventh 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