September 23, 1998
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September 23, 1998
Bank of Canada Governor Addresses St. John's Board of Trade
Bank of Canada Governor Gordon Thiessen today reviewed international economic and financial developments and their implications for Canada.
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September 2, 1998
Renegotiation of Standby Credit Facility
On behalf of the Minister of Finance, it was announced today that Canada has renegotiated its existing U.S.$6.0 billion standby credit facility with international banks.
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August 27, 1998
Bank Rate Raised by 1 Percentage Point
The Bank of Canada today raised its Bank Rate by one percentage point to 6 per cent.
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June 11, 1998
The outlook for the Canadian economy and monetary policy
In mid-May we published our semi-annual Report on monetary policy, covering data up to April 24th. That means we now have new data available for the last two months. Furthermore, our report also pointed to a much greater-than-usual degree of uncertainty about the outlook for the Canadian economy.
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