News

• December 30, 1997

  Bank Releases Guideline for Regulatory Oversight Under Payment Clearing and Settlement Act

  Clyde Goodlet

  The Bank of Canada today released a guideline outlining how it intends to carry out its responsibilities under the Payment Clearing and Settlement Act (PCSA).

  Content Type(s): Press, Press releases
• December 12, 1997

  Bank Rate Raised to 4 1/2 Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today raised its Bank rate by ½ of one percentage point to 4 ½ per cent.

  Content Type(s): Press, Press releases
• December 1, 1997

  What can monetary policy do to help the economy reach its full potential?

  Remarks Gordon Thiessen Canadian Club of Toronto Toronto, Ontario

  Today, we meet against a backdrop of some uncertainty in the international economy. I would like to begin my remarks with an assessment of what the recent financial and economic events in Asia could mean for Canada.

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