Press Releases

• June 12, 2002

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Andrew Spence to the visiting economist position of Special Adviser for a one-year term. Mr. Spence will be taking leave from his current position as Global Head, Currency and Credit Markets Research with TD Securities, as of September 2002.

  Content Type(s): Press, Press releases
• June 11, 2002

  Bank of Canada Governor says trust and transparency crucial for financial markets

  Media Relations Halifax, Nova Scotia

  Canadian financial markets need trust and transparency to operate most efficiently, Bank of Canada Governor David Dodge said today in a speech to the Greater Halifax Partnership. Mr. Dodge said that the Bank of Canada's reliance on trust and transparency shows why these qualities are also important to the private sector.

  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