September 2, 1999
Year 2000 and Contingency Arrangements for the Provision of Liquidity by the Bank of Canada
The financial sector is a crucial part of the Canadian economy and is well prepared for the year 2000.
News
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June 2, 1999
Canadian economic performance at the end of the twentieth century
As the curtain comes down on the twentieth century and we move on to the next millennium, it is difficult to resist the temptation to be both retrospective and prospective. -
May 27, 1999
Bank of Canada Announces Appointment of Senior Deputy Governor
The Board of Directors of the Bank of Canada announced today that, pursuant to Section 6 of the Bank of Canada Act, Malcolm Knight has been appointed Senior Deputy Governor of the Bank for a seven-year term, effective 5 July 1999. -
May 26, 1999
Opening Statement before the Standing Committee on Finance of the House of Commons
It is always a pleasure to appear before your Committee following the publication of our Monetary Policy Report. We released our ninth Report last Wednesday. The Bank of Canada began publishing these Reports on a semi-annual basis four years ago, as part of our effort to increase the transparency and accountability of the Bank's conduct of monetary policy. -
May 25, 1999
Bank of Canada Announces Appointment of Special Adviser
Professor Daniel Racette has been chosen to fill the visiting economist position of Special Adviser in the Bank of Canada for a one-year term beginning in August 1999. -
May 19, 1999
Release of the Monetary Policy Report
This morning we released our ninth Monetary Policy Report. The economic and financial situation is much improved since our previous Report in November. Financial markets have steadied in Southeast Asia, and prospects are good for a gradual recovery there. In Brazil, the authorities have taken major steps to address their difficulties. Overall, global financial markets […] -
May 19, 1999
Bank of Canada releases its semi-annual Monetary Policy Report
Bank of Canada Governor Gordon Thiessen today commented on the release of the Bank's ninth Monetary Policy Report. -
May 4, 1999
Global financial turbulence and the Canadian economy
The world economy and Canada have had to navigate some difficult straits in the past couple of years. But we have made it through. And considering the tide from the Asian financial crisis that washed around the world, the Canadian economy has coped better this time around than in the past. -
May 4, 1999
Bank Rate Lowered by ¼ Percentage Point to 4¾ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one per cent to 4¾ per cent. -
May 4, 1999
Bank of Canada Governor speaks to La Chambre de commerce de la région sherbrookoise
The Canadian economy has come through the financial volatility and global economic slowdown of the past few years quite well and has started 1999 on a strong note, Bank of Canada Governor Gordon Thiessen told members of La Chambre de Commerce de la région sherbrookoise today.