November 27, 1997 Final report on wartime gold transactions released Media Relations The Bank of Canada today released a report by Professor Duncan McDowall of Carleton University entitled Due Diligence: A report on the Bank of Canada's handling of foreign gold during World War II. Content Type(s): Press, Press releases
November 25, 1997 Bank Rate Raised in Response to Persistent Weakness in the Canadian Dollar Media Relations Ottawa, Ontario The Bank of Canada today raised the Bank Rate by 1/4 of one percentage point to 4 per cent. The Bank's operating band for the overnight rate was similarly adjusted. Content Type(s): Press, Press releases
October 7, 1997 Challenges ahead for monetary policy Remarks Gordon Thiessen Vancouver Board of Trade Vancouver, British Columbia Today, I would like to talk about some of the important issues and challenges facing monetary policy in the period ahead and how the Bank of Canada proposes to deal with them. This is not an unusual topic for me since the business of central banking is seldom without challenges. But what a difference the past two years have made to the challenges we face! Content Type(s): Press, Speeches and appearances, Remarks
October 1, 1997 Bank Rate Raised by ¼ Percentage Point Media Relations Ottawa, Ontario The Bank of Canada today raised the Bank Rate and its operating band for the overnight rate by 1/4 of one percentage point. Content Type(s): Press, Press releases
September 16, 1997 The recent economic record in Canada and the challenges ahead for monetary policy Remarks Gordon Thiessen New England-Canadian Business Council Boston, Massachusetts It has been a little over two years since my last public speech to an audience in the United States. During this time, a lot has happened in terms of economic developments in our two countries. One thing that continues to impress me is the remarkable performance of the U.S. economy, which has achieved six years of steady economic expansion, with high rates of job creation and low inflation. Content Type(s): Press, Speeches and appearances, Remarks
September 8, 1997 Change in Issuance Pattern of Treasury Bills Beginning with the 16 September Auction Media Relations On 5 August 1997, Secretary of State (International Financial Institutions) Jim Peterson announced on behalf of Finance Minister Paul Martin that beginning with the 16 September 1997 auction. Content Type(s): Press, Press releases
July 28, 1997 Bank of Canada Releases Interim Report on Wartime Gold Transactions Media Relations The Bank of Canada today released an interim report on the results of a search for records relating to wartime gold transactions. Content Type(s): Press, Press releases
June 26, 1997 Bank Rate Raised 1/4 of a Percentage Point Media Relations Ottawa, Ontario The Bank of Canada indicated today that it had raised the Bank Rate by 1/4 of one percentage point to 3 1/2 per cent. Content Type(s): Press, Press releases
June 18, 1997 The Canadian economy: Challenges and prospects Remarks Gordon Thiessen la Chambre de commerce et d'industrie du Québec métropolitain Québec, Québec Once a year, the Bank of Canada's Board of Directors meets outside Ottawa, alternating among the provinces. I am delighted that this year's out-of-town meeting has brought us to the beautiful and historic city of Quebec. I would like to take this opportunity to talk to you about recent developments in our economy. Content Type(s): Press, Speeches and appearances, Remarks
May 30, 1997 Flexible Exchange Rates in a World of Low Inflation Remarks Gordon Thiessen FOREX '97 Conference Toronto, Ontario There is a good deal of discussion these days about Economic and Monetary Union (EMU) in Europe - about the benefits and difficulties of organizing such a union. However, today I would like to examine a somewhat different issue, one that is at the other end of the spectrum; namely, How is the international system of flexible exchange rates working these days? Content Type(s): Press, Speeches and appearances, Remarks