News

• May 27, 1999

  Bank of Canada Announces Appointment of Senior Deputy Governor

  Media Relations

  The Board of Directors of the Bank of Canada announced today that, pursuant to Section 6 of the Bank of Canada Act, Malcolm Knight has been appointed Senior Deputy Governor of the Bank for a seven-year term, effective 5 July 1999.

  Content Type(s): Press, Press releases
• May 26, 1999

  Opening Statement before the Standing Committee on Finance of the House of Commons

  Opening statement Gordon Thiessen Standing Committee on Finance of the House of Commons

  It is always a pleasure to appear before your Committee following the publication of our Monetary Policy Report. We released our ninth Report last Wednesday. The Bank of Canada began publishing these Reports on a semi-annual basis four years ago, as part of our effort to increase the transparency and accountability of the Bank's conduct of monetary policy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 25, 1999

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations

  Professor Daniel Racette has been chosen to fill the visiting economist position of Special Adviser in the Bank of Canada for a one-year term beginning in August 1999.

  Content Type(s): Press, Press releases
• May 19, 1999

  Release of the Monetary Policy Report

  Opening statement Gordon Thiessen

  This morning we released our ninth Monetary Policy Report. The economic and financial situation is much improved since our previous Report in November. Financial markets have steadied in Southeast Asia, and prospects are good for a gradual recovery there. In Brazil, the authorities have taken major steps to address their difficulties. Overall, global financial markets […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 19, 1999

  Bank of Canada releases its semi-annual Monetary Policy Report

  Media Relations

  Bank of Canada Governor Gordon Thiessen today commented on the release of the Bank's ninth Monetary Policy Report.

  Content Type(s): Press, Press releases
• May 4, 1999

  Global financial turbulence and the Canadian economy

  Remarks Gordon Thiessen La Chambre de commerce de la région sherbrookoise Sherbrooke, Quebec

  The world economy and Canada have had to navigate some difficult straits in the past couple of years. But we have made it through. And considering the tide from the Asian financial crisis that washed around the world, the Canadian economy has coped better this time around than in the past.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 4, 1999

  Bank Rate Lowered by ¼ Percentage Point to 4¾ Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today lowered its Bank Rate by ¼ of one per cent to 4¾ per cent.

  Content Type(s): Press, Press releases
• May 4, 1999

  Bank of Canada Governor speaks to La Chambre de commerce de la région sherbrookoise

  Media Relations Sherbrooke, Quebec

  The Canadian economy has come through the financial volatility and global economic slowdown of the past few years quite well and has started 1999 on a strong note, Bank of Canada Governor Gordon Thiessen told members of La Chambre de Commerce de la région sherbrookoise today.

  Content Type(s): Press, Press releases