A consultation document on issues relating to the design and structure of the government's domestic bond program for the fiscal year 2006/07 and beyond, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today.

This consultation paper identifies a broad spectrum of potential adjustments to the government's bond program in the short and medium terms to support stable, low-cost funding for the government and a well-functioning Government of Canada bond market. Interested parties are encouraged to comment on the potential adjustments presented in this document, and to propose any other appropriate changes.

Comments on the Debt Strategy 2006/07 Consultation Document can be emailed before 30 November 2005 to: .

For further information, please contact:
Nigel Stephens
Chief
Financial Markets Division
Department of Finance
613 943-1944
Ron Morrow
Director
Financial Markets Department
Bank of Canada
613 782-8580