The Bank of Canada today officially put into circulation Canada's new $100 bank notes. The new notes will be distributed and become available across the country over the next two weeks.
The Bank of Canada today announced that Professor René Garcia, of the Université de Montréal, is the recipient of the Bank's Fellowship award for research for 2004.
The Bank of Canada today announced the creation of a Law Enforcement Award of Excellence that will be presented annually to a police officer who demonstrates outstanding commitment and initiative in the fight against bank note counterfeiting.
The Bank of Canada today announced that it is lowering 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 lowered, and the Bank Rate is now 2 1/2 per cent.