Key Interest Rate

• 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 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
• 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