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The Bank of Canada today announced that Professor René Garcia, of the Université de Montréal, is the recipient of the Bank's Fellowship award for research for 2004.

The Bank of Canada today announced the creation of a Law Enforcement Award of Excellence that will be presented annually to a police officer who demonstrates outstanding commitment and initiative in the fight against bank note counterfeiting.

The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/2 per cent.

The right set of macroeconomic policies helps countries to adjust to changing economic circumstances, David Dodge, Governor of the Bank of Canada, told a business audience today in Mexico City.

We both share borders with the United States, the most important export market for each of us. Both Canada and Mexico have recently faced setbacks in cross-border trade with the United States. These stem not only from weaker U.S. domestic demand, but also from specific trade problems and from border-crossing delays associated with tighter security.

Speaking to the Board of Trade of Metropolitan Montréal today, Bank of Canada Governor David Dodge talked about the longer-term trends and the challenges facing the Canadian economy in the years ahead, and the adjustments that will be necessary to meet those challenges.

These are turbulent times, not just for business people, but for all Canadians. We have come through a very difficult year, a year filled with surprises that have challenged us all. At times like these, it is easy to focus on the near-term issues and problems.

"We are saddened by the passing on Friday of a great friend, former Bank of Canada Governor, Gerald Bouey. Gerry Bouey had a long and remarkable career at the Bank. He was a distinguished and highly respected Bank of Canada Governor, not only in this country but internationally as well. His outstanding leadership as Governor […]

The Bank of Canada today unveiled Canada's new $100 bank note, which will go into circulation beginning 17 March. The new note was unveiled in Halifax by the Honourable Robert Thibault, Member of Parliament for West Nova, Nova Scotia, David Dodge, Governor of the Bank of Canada, Marc Garneau, President of the Canadian Space Agency and former astronaut, and Daniel Gallivan, a member of the Board of Directors of the Bank of Canada.

In September and October 2003, officials from the Department of Finance and the Bank of Canada consulted with market participants on issues specific to the Real Return Bond (RRB) program.