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
June 4, 2002 Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 3/4 per cent. Content Type(s): Press, Press releases
The Direct Effect of China on Canadian Consumer Prices: An Empirical Assessment Staff Discussion Paper 2007-10 Louis Morel The author investigates the direct effect of Chinese imported goods on consumer prices in Canada. On average, over the 2001–06 period, the direct effect of consumer goods imported from China is estimated to have reduced the inflation rate by about 0.1 percentage points per year. This disinflationary effect is due to two causes: first, the […] Content Type(s): Staff research, Staff discussion papers Research Topic(s): Inflation and prices JEL Code(s): E, E3, E31
April 16, 2002 Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 1/2 per cent. Content Type(s): Press, Press releases
February 20, 2002 Bank of Canada Governor reviews Canada's experience with inflation targets and a flexible exchange rate Media Relations New York, New York In a speech to the Canadian Society of New York, Bank of Canada Governor David Dodge said today that Canada's monetary policy framework, based on an explicit inflation-control target and a flexible exchange rate, "has contributed importantly to putting the Canadian economy back on the right path to longer-term prosperity." 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
July 18, 2001 Sheryl Kennedy Named Deputy Governor, Financial Markets Media Relations Sheryl Kennedy, Deputy Governor of the Bank of Canada, has been asked by the Bank's Board of Directors to serve as Deputy Governor, Financial Markets. She takes over the responsibilities formerly carried out by Tim Noël, who passed away last week. 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 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