October 1, 1997 The Bank of Canada today raised the Bank Rate and its operating band for the overnight rate by 1/4 of one percentage point.
September 16, 1997 It has been a little over two years since my last public speech to an audience in the United States. During this time, a lot has happened in terms of economic developments in our two countries. One thing that continues to impress me is the remarkable performance of the U.S. economy, which has achieved six years of steady economic expansion, with high rates of job creation and low inflation.
September 8, 1997 On 5 August 1997, Secretary of State (International Financial Institutions) Jim Peterson announced on behalf of Finance Minister Paul Martin that beginning with the 16 September 1997 auction.
July 28, 1997 The Bank of Canada today released an interim report on the results of a search for records relating to wartime gold transactions.
June 26, 1997 The Bank of Canada indicated today that it had raised the Bank Rate by 1/4 of one percentage point to 3 1/2 per cent.
June 18, 1997 Once a year, the Bank of Canada's Board of Directors meets outside Ottawa, alternating among the provinces. I am delighted that this year's out-of-town meeting has brought us to the beautiful and historic city of Quebec. I would like to take this opportunity to talk to you about recent developments in our economy.
May 30, 1997 There is a good deal of discussion these days about Economic and Monetary Union (EMU) in Europe - about the benefits and difficulties of organizing such a union. However, today I would like to examine a somewhat different issue, one that is at the other end of the spectrum; namely, How is the international system of flexible exchange rates working these days?
April 23, 1997 The Bank of Canada today announced the appointment of senior representatives who will staff its five regional offices across Canada.
March 21, 1997 Anyone who has read our last Monetary Policy Report, the winter issue of the Bank of Canada Review, or our just-released Annual Report knows that the Bank has been positive about Canada's economic outlook. Basically, we are looking for a solid pickup in the pace of economic expansion in coming months, with inflation remaining low. And, with improvements in the basic foundation of our economy, we see the potential for sustained good economic performance over the medium term.
June 27, 1996 Every year, the Bank of Canada's Board of Directors has one of its meetings outside Ottawa, in a different part of the country. I am delighted that this year's meeting has brought us to London today, giving me the opportunity to speak to you about recent developments in the Canadian economy.