August 16, 2000
Monetary Policy Report Update – August 2000
Information received since the last Monetary Policy Report continues to show solid economic growth in the United States, Europe, and the emerging markets.
Uncategorized
-
-
August 16, 2000
Release of the Monetary Policy Report Update
This morning we released our update to the May Monetary Policy Report. Overall, the outlook for Canadian economic growth and inflation is positive. Economic activity in Canada has remained strong since our May Report. Nonetheless, the underlying trend of inflation has been unexpectedly low - in the bottom half of our 1 to 3 per […] -
August 14, 2000
Follow up on proposed modifications to Government of Canada Bond operations
On July 21, 2000, the Bank of Canada announced that the Bank and the Department of Finance would be seeking the views of market participants on the feasibility of implementing a cash management buyback program and on the possibility of reverting back to March and September maturity dates for two-year bonds. -
July 21, 2000
Market views sought on proposed modifications to Government of Canada Bond operations
The Debt Management Strategy 2000-01 (released 23 March 2000) noted that the Bank of Canada and the Department of Finance were assessing the potential for expanding the existing bond buyback program to include cash management purposes. -
July 18, 2000
Proposed revisions to the rules pertaining to auctions of Receiver General term deposits (discussion paper)
Comments: On 18 July 2000, the government and Bank of Canada made public a discussion paper concerning the management of the federal government's cash balances. The paper outlined the current framework and proposed changes, intended to increase competition and to strengthen the management of risks, in particular the credit risks involved in the investment of […] -
July 18, 2000
Proposed revisions to the rules pertaining to auctions of Receiver General term deposits
A discussion paper prepared jointly by the Department of Finance and the Bank of Canada, and being made public today, is proposing changes to the government’s approach to auctioning and investing its Canadian dollar cash balances. -
June 15, 2000
The Canadian Economy: Finding the Right Balance
With the technological revolution that is currently sweeping the globe, dealing with change is a growing challenge for businesses these days. This revolution is erasing national frontiers, intensifying competition, and transforming economies everywhere. -
June 1, 2000
Price Stability and the Long-Run Target for Monetary Policy
Proceedings of a seminar held by the Bank of Canada, June 2000 (proceedings volume, available in electronic format only) -
May 17, 2000
Bank of Canada Raises Target Overnight Rate by ½ Percentage Point to 5¾ Per Cent
The Bank of Canada raised its target for the overnight rate by one-half of one percentage point to 5¾ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank Rate is now 6 per cent. -
May 16, 2000
Opening Statement before the House of Commons Standing Committee on Finance
Last week, we released our eleventh Monetary Policy Report. Since our November Report, the Canadian economy has outperformed expectations. Bolstered by vigorous external and domestic demand, Canada's economic expansion strengthened in the second half of 1999 and into early 2000.