Press

• 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 24, 2001

  The Canadian Economy: Current and Future Challenges

  Remarks David Dodge Greater Moncton Chamber of Commerce and the Conseil économique du Nouveau-Brunswick Moncton, New Brunswick

  All of us at the Bank of Canada share a deep sorrow at the loss of so many lives in the 11 September terrorist attacks in the United States. Among those who died were innocent citizens of many nationalities, including Canadians. To their families, friends, and colleagues we extend our heartfelt sympathy.

  Content Type(s): Press, Speeches and appearances, Remarks
• 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 22, 2001

  Terms and Conditions for the Expanded Bank of Canada Collateral List Effective 1 November 2001

  In July 2001, the Bank announced its intention to expand the list of collateral eligible for use in the Large Value Transfer System (LVTS), for loans made to direct participants in LVTS and the Automated Clearing Settlement System (ACSS), and to secure bank note withdrawals. Effective 1 November 2001, the list of eligible collateral will be expanded and will comprise the following:

  Content Type(s): Press, Market notices
• 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 4, 2001

  Debt Management Operational Enhancements

  A key federal debt strategy objective is maintaining a well-functioning market in Government of Canada securities. In keeping with the government's commitment to market consultations in domestic debt management issues, in August 2001 consultations were held with market participants on potential operational enhancements.

  Content Type(s): Press, Market notices
• 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