March 31, 1999
Ottawa, Ontario
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January 28, 1999
Bank of Canada Welcomes Canada's New Funds Transfer System
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. -
January 20, 1999
The euro: Its economic implications and its lessons for Canada
We have just witnessed the dawn of a new era in Europe. Beginning this month, 11 of the 15 member countries of the European Union have joined in a currency union. And they are using the euro as their common currency. The currency union is yet another step on the road to greater economic, social, and political integration in Europe - a vision some 50 years in the making. -
January 20, 1999
Bank of Canada Governor Addresses Canadian Club of Ottawa
Bank of Canada Governor Gordon Thiessen today reviewed the economic implications of the European currency union and its lessons for Canada. -
November 18, 1998
Bank Rate Lowered by ¼ Percentage Point to 5¼ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¼ per cent. -
November 5, 1998
Government of Canada Pilot Bond Buyback Program Launch: Operational Framework
On behalf of the Minister of Finance, the Bank of Canada announced today the operational framework for the previously announced pilot bond buyback program. -
October 16, 1998
Bank Rate Lowered by ¼ Percentage Point to 5½ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5½ per cent. -
September 29, 1998
Survey of Foreign Exchange and Derivatives Market Activity in Canada
Summary results of a survey of Canadian foreign exchange and derivatives markets are now available. The survey was conducted by the Bank of Canada in April 1998 and covered activity in the foreign exchange and derivatives markets. Similar surveys were undertaken by about 40 other countries during the same month, and the central banks of many of those countries are also releasing their results today. -
September 29, 1998
Bank Rate Lowered by ¼ Percentage Point to 5¾ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¾ per cent. -
September 28, 1998
Changes to Government of Canada auction process to take effect 14 October 1998
On behalf of the Minister of Finance, the Bank of Canada announced today that "Revised rules pertaining to auctions of Government of Canada securities and the Bank of Canada's surveillance of the auction process," released 11 August 1998, will take effect on 14 October 1998.