Ottawa, Ontario

• October 30, 2000

  Bank of Canada releases dates for announcing Bank Rate actions

  Media Relations Ottawa, Ontario

  The Bank of Canada today made public the dates through the year 2001 on which it will announce any changes to the official interest rate it uses to implement monetary policy. Last month the Bank outlined its plan to adopt a new system of pre-set or "fixed" dates for announcing changes to the Bank Rate, […]

  Content Type(s): Press, Press releases
• September 26, 2000

  Bank of Canada to issue new bank notes

  Media Relations Ottawa, Ontario

  The Bank of Canada will issue a new series of bank notes beginning in January 2001 to further enhance the security of Canada's currency.

  Content Type(s): Press, Press releases
• September 19, 2000

  Bank of Canada to adopt fixed dates for announcing Bank Rate changes

  Media Relations Ottawa, Ontario

  The Bank of Canada today outlined details of its plan to adopt a system of eight “fixed” or pre-specified dates each year for announcing any changes to the official interest rate it uses to implement monetary policy—the rate of interest it charges on short-term loans to financial institutions.

  Content Type(s): Press, Press releases
• May 17, 2000

  Bank of Canada Raises Target Overnight Rate by ½ Percentage Point to 5¾ Per Cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• March 22, 2000

  Bank Rate Raised by ¼ Percentage Point to 5½ Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada raised its Bank Rate today by ¼ of one percentage point to 5½ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank’s target for the overnight rate is now 5¼ per cent.

  Content Type(s): Press, Press releases
• February 3, 2000

  Bank Rate Raised by 1/4 Percentage Point to 5 1/4 Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada raised its Bank Rate today by ¼ of one percentage point to 5¼ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank’s target for the overnight rate is now 5 per cent.

  Content Type(s): Press, Press releases
• 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
• May 4, 1999

  Bank Rate Lowered by ¼ Percentage Point to 4¾ Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today lowered its Bank Rate by ¼ of one per cent to 4¾ per cent.

  Content Type(s): Press, Press releases
• March 31, 1999

  Bank Rate Lowered by ¼ Percentage Point to 5 Per Cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today lowered its Bank Rate by ¼ of one per cent to 5 per cent. The associated operating band for overnight interest rates was similarly reduced.

  Content Type(s): Press, Press releases
• January 28, 1999

  Bank of Canada Welcomes Canada's New Funds Transfer System

  Media Relations Ottawa, Ontario

  The Bank of Canada today welcomed the announcement by the Canadian Payments Association that full operation of the Large Value Transfer System (LVTS) will begin on 4 February 1999.

  Content Type(s): Press, Press releases