A consultation document on issues relating to the design and operation of government debt programs over 2001-2002 and beyond, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today.

The Government is seeking views from market participants on a number of issues as part of its ongoing commitment to consultations with participants on domestic debt programs. In particular, the Government is seeking comments from market participants on recent market developments and potential initiatives geared towards enhancing liquidity and maintaining a well-functioning market for Government of Canada securities. No major restructuring of bond or Treasury bill programs is anticipated in the near term.

Comments on the specific questions raised in the Summer Consultation discussion paper are invited from interested parties. These comments must be received by 16 August 2001 and can be sent to:

For further information, contact:

Rob Stewart
Department of Finance
613 992-4468
Philippe Muller
Bank of Canada
613 782-8778