March 30, 2004
March 30, 2004
Asia and the Global EconomyTo state the obvious, Canada is a very open economy, heavily dependent on foreign trade. What goes on in the rest of the world can have a substantial impact on our domestic economy.
March 17, 2004
The Bank of Canada Issues New $100 Bank Notes
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.
March 16, 2004
Adjusting to Global Economic ChangeThere is a great physical distance between our two countries - in terms of latitude, there are about 80 degrees of separation between Buenos Aires and Ottawa. But despite that distance, Canada and Argentina are closer, and have more in common, than you might think. We are both federations, with a certain natural tension between the national government and relatively powerful provinces.
March 10, 2004
Adjusting to Global Economic ChangeToday, I want to focus my remarks on Canada's adjustment to changes in the global economy. I will talk about our efforts to adjust to longer-term economic forces and about the challenges that these forces present. Some of our experiences may be relevant to other economies that are making similar adjustments in the face of similar economic circumstances.
March 4, 2004
Bank of Canada Announces Research Fellowship Award for 2004
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.
March 3, 2004
Bank of Canada Announces Law Enforcement Award of Excellence for Counterfeiting Deterrence
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.
March 2, 2004
Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 1/4 per cent
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.