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Press Releases

  1. 20 April 2001

    Governor talks about the Bank of Canada's contribution to monetary and financial stability and about the current economic situation

    Press Release  - Vancouver, British Colombia

    n a speech today to The Vancouver Board of Trade, Governor David Dodge said that the Bank of Canada contributes to the economic well-being of Canadians by preserving confidence in the value of money and by promoting the safety and soundness of Canada's financial system.

  2. 17 April 2001

    Bank of Canada lowers Bank Rate by 1/4 per cent

    Press Release  - Ottawa, Ontario

    The Bank of Canada today announced that it is lowering the Bank Rate by one-quarter of one percentage point to 5 per cent. The operating band for the overnight rate* is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 4 3/4 per cent.

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