December 30, 1997
December 12, 1997
Bank Rate Raised to 4 1/2 Per CentThe Bank of Canada today raised its Bank rate by ½ of one percentage point to 4 ½ per cent.
December 1, 1997
What can monetary policy do to help the economy reach its full potential?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.
November 27, 1997
Final report on wartime gold transactions releasedThe Bank of Canada today released a report by Professor Duncan McDowall of Carleton University entitled Due Diligence: A report on the Bank of Canada's handling of foreign gold during World War II.
November 25, 1997
Bank Rate Raised in Response to Persistent Weakness in the Canadian DollarThe Bank of Canada today raised the Bank Rate by 1/4 of one percentage point to 4 per cent. The Bank's operating band for the overnight rate was similarly adjusted.
October 7, 1997
Challenges ahead for monetary policyToday, I would like to talk about some of the important issues and challenges facing monetary policy in the period ahead and how the Bank of Canada proposes to deal with them. This is not an unusual topic for me since the business of central banking is seldom without challenges. But what a difference the past two years have made to the challenges we face!
October 1, 1997
Bank Rate Raised by ¼ Percentage PointThe Bank of Canada today raised the Bank Rate and its operating band for the overnight rate by 1/4 of one percentage point.
September 16, 1997
The recent economic record in Canada and the challenges ahead for monetary policyIt has been a little over two years since my last public speech to an audience in the United States. During this time, a lot has happened in terms of economic developments in our two countries. One thing that continues to impress me is the remarkable performance of the U.S. economy, which has achieved six years of steady economic expansion, with high rates of job creation and low inflation.
September 8, 1997
Change in Issuance Pattern of Treasury Bills Beginning with the 16 September AuctionOn 5 August 1997, Secretary of State (International Financial Institutions) Jim Peterson announced on behalf of Finance Minister Paul Martin that beginning with the 16 September 1997 auction.
July 28, 1997
Bank of Canada Releases Interim Report on Wartime Gold TransactionsThe Bank of Canada today released an interim report on the results of a search for records relating to wartime gold transactions.