April 26, 2000
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April 6, 2000
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
When I appeared before you last April, there was still a high degree of uncertainty in the global economy related to the 1997-98 financial crisis in emerging markets and the associated fall in world commodity prices.
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Speeches and appearances,
Opening statements
March 22, 2000
Bank Rate Raised by ¼ Percentage Point to 5½ Per Cent
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.
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Press,
Press releases
March 9, 2000
The Conduct of Monetary Policy When You Live Next Door to a Large Neighbour
Both in Canada and elsewhere, much ink has been spilled over the past year on the pros and cons of different exchange rate regimes and the implications for monetary policy.
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Speeches and appearances,
Remarks
March 9, 2000
Bank of Canada Governor speaks to the Canadian Society of New York
In a speech today to the Canadian Society of New York, Bank of Canada Governor Gordon Thiessen talked about Canada’s experience with a floating exchange rate and an independent monetary policy, despite close integration with the much larger U.S. economy.
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Press,
Press releases