January 15, 2002 Bank of Canada lowers key policy interest rate by 1/4 percentage point to 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-quarter of one percentage point to 2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/4 per cent. Content Type(s): Press, Press releases
November 27, 2001 Bank of Canada lowers key policy interest rate by 1/2 percentage point to 2 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-half of one percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/2 per cent. Content Type(s): Press, Press releases
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