Press Releases
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                    July 8, 2004The Bank of Canada today released its 2005 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year.
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                    June 16, 2004Governor Dodge Discusses How Canada Is Adjusting to Changes in the Global EconomyThe Canadian economy is well placed to adjust to the major changes underway in the world economy, Bank of Canada Governor David Dodge said today. While Canada has adopted the right policies to allow its economy to adjust to changing forces, it should continue its efforts to prepare for new opportunities and challenges, the Governor said.
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                    June 8, 2004Bank of Canada keeps target for the overnight rate at 2 per centThe Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent.
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                    April 15, 2004Bank of Canada releases Monetary Policy ReportThe Bank of Canada today released its April Monetary Policy Report, which reviews economic and financial trends in the context of Canada's inflation-control strategy.
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                    April 13, 2004Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 per centThe Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/4 per cent. 
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                    March 17, 2004The Bank of Canada Issues New $100 Bank NotesThe 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. 
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                    March 4, 2004Bank of Canada Announces Research Fellowship Award for 2004The 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. 
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                    March 3, 2004Bank of Canada Announces Law Enforcement Award of Excellence for Counterfeiting DeterrenceThe 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. 
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                    March 2, 2004Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 1/4 per centThe 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. 
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                    February 17, 2004Good Policies Speed up Economic Adjustment, Says Governor DodgeThe right set of macroeconomic policies helps countries to adjust to changing economic circumstances, David Dodge, Governor of the Bank of Canada, told a business audience today in Mexico City. 
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