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• January 29, 2000

  Annual Report 1999

  

  The Canadian economy regained strong momentum in 1999 as the U.S. economy remained vigorous, the global economy recovered, and commodity prices moved upwards.

  Content Type(s): Publications, Annual Report
• January 27, 2000

  Accountability and Transparency in Canada's Monetary Policy

  Remarks Gordon Thiessen Metropolitan Halifax Chamber of Commerce Halifax, Nova Scotia

  Public sector institutions have been undergoing significant changes over the past decade. One of the most important changes has been the move to greater accountability. Public institutions are now required to be more open and to provide more information about their operations. Or, to use the word currently in vogue, to be more “transparent.”

  Content Type(s): Press, Speeches and appearances, Remarks
• December 6, 1999

  The Canadian economy, productivity, and our standard of living

  Remarks Gordon Thiessen The Fraser Institute Vancouver, British Columbia

  Over the past couple of years, there has been considerable debate about productivity and our standard of living in Canada. For the most part, the discussion of these issues has been useful, but at times it has been somewhat confusing.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 17, 1999

  Monetary Policy Report – November 1999

  Since the May Report, the international economic environment has continued to improve. Economic activity abroad grew faster than expected, while inflation in the major economies remained subdued.

  Content Type(s): Publications, Monetary Policy Report
• November 17, 1999

  Release of the Monetary Policy Report

  Opening statement Gordon Thiessen

  Good morning. The Bank of Canada has just released its tenth Monetary Policy Report. This morning, we also raised our target for the overnight interest rate by 1/4 of one percentage point to 4 3/4 per cent. This follows a similar increase yesterday in the U.S. Federal Funds rate to 5 ½ per cent. The […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• November 17, 1999

  Bank Rate Raised by ¼ Percentage Point to 5 Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today raised its Bank Rate by ¼ of one percentage point to 5 per cent.

  Content Type(s): Press, Press releases
• November 2, 1999

  The Challenges for Canadian Monetary Policy in the Year 2000

  Remarks Gordon Thiessen the Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island

  Monetary policy actions take a relatively long time to affect the economy and inflation—anywhere between 12 to 24 months. Because of this, central banks must always look ahead and must put in place today the monetary conditions that are needed to help keep the economy on a sustainable path down the road. By 'sustainable' I mean a situation where economic growth and job creation are not at risk from rising inflation.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 1, 1999

  Money, Monetary Policy, and Transmission Mechanisms

  Proceedings of a conference held by the Bank of Canada, November 1999 (proceedings volume, available in electronic format only)

  Content Type(s): Conferences and workshops

• The Regulation of Central Securities Depositories and the Linkages between CSDs and Large-Value Payment Systems

  Technical Report No. 87 Charles Freedman

  This paper first describes the Bank of Canada's approach to the design of large-value clearing and settlement systems. It then examines the way the Bank has operated under the Payment Clearing and Settlement Act, passed by Parliament in July 1996.

  Content Type(s): Staff research, Technical reports Research Topic(s): Payment clearing and settlement systems JEL Code(s): G, G2, G20
• September 23, 1999

  Canada's economy as the year 2000 approaches

  Remarks Gordon Thiessen the Chamber of Commerce Regina, Saskatchewan

  It is always a pleasure to return and speak to people in my home province. This time, we are here for a meeting of the Bank of Canada's Board of Directors. Once a year, our Board meets outside Ottawa, in a different part of the country. This year, we are delighted to be in Regina.

  Content Type(s): Press, Speeches and appearances, Remarks