September 28, 2004
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September 20, 2004
Governor Dodge Discusses Monetary Policy in an Evolving World Economy
Bank of Canada Governor David Dodge today reviewed Canada's economic outlook and prospects for monetary policy in the context of the evolving world economy.
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September 8, 2004
Bank of Canada raises target for the overnight rate by 1/4 percentage point to 2 1/4 per cent
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 1/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 1/2 per cent.
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August 25, 2004
Bank of Canada Unveils New $20 Bank Note
The Bank of Canada today unveiled Canada's new $20 bank note, the theme of which is Arts and Culture. The new note was unveiled at a ceremony in Vancouver by the Honourable John McCallum, Minister of National Revenue (by videotape), and Paul Jenkins, Senior Deputy Governor of the Bank of Canada.
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August 18, 2004
Bank of Canada Announces Recipients of First Law-Enforcement Award of Excellence for Counterfeit Deterrence
Three recipients, Detective Carmine Palermo, Detective Constable Thomas Hancock, and Detective Constable Harjit Sangha, of the Toronto Police Service (TPS) Fraud Squad, have been selected for their impressive initiative and creative work on "Project Greenback". This project resulted in the seizure of approximately $3 million in counterfeit bank notes, as well as the successful dismantling of multiple counterfeit production facilities in the Toronto area.
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August 12, 2004
Canada's new $20 bank note to be unveiled on 25 August 2004
Canada's new $20 bank note will be unveiled on Wednesday, 25 August 2004, in Vancouver, British Columbia. The new $20 bank note celebrates Canadian arts and culture and features the work of Bill Reid, one of Canada's most accomplished artists.
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July 26, 2004
Bank of Canada supports the new International Journal of Central Banking
The Bank of Canada today announced plans to support the development of a new publication focused on central bank theory and practice and issued a call for research papers. The International Journal of Central Banking (IJCB) will be a joint project of the Bank for International Settlements (BIS), the European Central Bank, and each of the Group of Ten (G-10) central banks, with participation expected from other central banks.
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July 22, 2004
Bank of Canada releases Monetary Policy Report Update
The Bank of Canada today released its Update to the April Monetary Policy Report. The Update discusses current economic and financial trends in the context of Canada's inflation-control strategy.
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July 20, 2004
Bank of Canada keeps target for the overnight rate at 2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent.
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July 13, 2004
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Professor Christopher Ragan to the position of Special Adviser during the year 2004-2005.
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