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
April 17, 2001 Bank of Canada lowers Bank Rate by 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering the Bank Rate by one-quarter of one percentage point to 5 per cent. The operating band for the overnight rate* is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 4 3/4 per cent. Content Type(s): Press, Press releases
March 20, 2001 Governor highlights Bank of Canada's contribution to domestic and global financial stability Media Relations Montréal, Quebec As an open economy, Canada has a strong interest in promoting a sound and robust international economic environment, Governor David Dodge said today, in a speech to the Montreal Society of Financial Analysts. He stressed that sound macroeconomic policies and robust and efficient financial systems are of paramount importance in an increasingly interconnected world. Content Type(s): Press, Press releases
March 6, 2001 Bank of Canada lowers Bank Rate to 5 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering the Bank Rate by one-half of one percentage point to 5 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 5 per cent. Content Type(s): Press, Press releases
February 20, 2001 Governor underlines Bank of Canada's ongoing commitment to good economic performance Media Relations Toronto, Ontario In highlighting the Bank's commitment to contribute to the economic well-being of Canadians, Mr. Dodge said that the Bank must continue to "conduct monetary policy so as to promote sustained economic growth, create conditions conducive to rising investment, employment, and incomes, and encourage a more stable macroeconomic environment." He stressed that the best contribution monetary policy can make to such an outcome is "to keep future inflation low, stable, and predictable." Content Type(s): Press, Press releases
January 23, 2001 Bank of Canada lowers Bank Rate to 5 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering the Bank Rate by one-quarter of one percentage point to 5 3/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 5 1/2 per cent. Content Type(s): Press, Press releases
January 22, 2001 Bank of Canada Governor says Canada's economy faces the future with sound foundations Media Relations Toronto, Ontario In a speech to the Canadian Club of Toronto, Bank of Canada Governor Gordon Thiessen reviewed Canada's economic performance during the 1990s, focusing on the changes that have taken place in our economy and what these changes mean for the future. Content Type(s): Press, Press releases
January 17, 2001 Redesigned $10 Bank Note Launched - New Note Series to Feature Canada's Culture, History and Achievements Media Relations Ottawa, Ontario The Bank of Canada launched the first in a new series of bank notes today. The themes of the notes in the new series, entitled Canadian Journey, reflect Canadians' views of their culture, history, and achievements, said Gordon Thiessen, Governor of the Bank of Canada, as he unveiled the $10 note at the Bank. Content Type(s): Press, Press releases
January 15, 2001 Janet Cosier Appointed Chair of Canadian Payments Association Media Relations Ottawa, Ontario The Bank of Canada announced today that Janet Cosier, Adviser to the Governor, has been appointed Chair of the Board of Directors of the Canadian Payments Association. Content Type(s): Press, Press releases
December 20, 2000 David Dodge Appointed Governor of the Bank of Canada Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada announced today that, pursuant to Section 6 of the Bank of Canada Act, it has appointed David Dodge as Governor of the Bank of Canada for a seven-year term, effective 1 February 2001. Content Type(s): Press, Press releases