Media Relations - Latest

• December 20, 2000

  David Dodge Appointed Governor of the Bank of Canada

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada announced today that, pursuant to Section 6 of the Bank of Canada Act, it has appointed David Dodge as Governor of the Bank of Canada for a seven-year term, effective 1 February 2001.

  Content Type(s): Press, Press releases
• December 5, 2000

  Bank of Canada keeps Bank Rate at 6 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining the Bank Rate at 6 per cent. The operating band for the overnight rate is unchanged, and the Bank’s target for the overnight rate remains at 5 3/4 per cent.

  Content Type(s): Press, Press releases
• December 4, 2000

  Bank of Canada Governor concludes that a floating exchange rate regime continues to make sense for Canada

  Media Relations Montréal, Quebec

  In a speech to the Chambre de commerce du Montréal métropolitain, Bank of Canada Governor Gordon Thiessen reviewed the different sides of the argument with respect to a floating exchange rate regime, and concluded that a floating currency continues to make sense for Canada.

  Content Type(s): Press, Press releases