June 15, 2000
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June 15, 2000
The strip bond sub-committee of the Investment Dealers Association (IDA), in a letter dated June 23, 1999, has recommended that “the current ceiling on reconstitution of bonds should be removed to allow reconstitution beyond the quantity stripped by book entry, which at times may be beyond the original issue size”.
Response to IDA Reconstitution Proposal
Content Type(s):
Press,
Announcements
June 1, 2000
Bank of Canada Announces Appointment of Special Adviser
Professor Angela Redish of the University of British Columbia has been chosen to fill the visiting economist position of Special Adviser in the Bank of Canada for a one-year term beginning in August 2000.
Content Type(s):
Press,
Press releases
May 17, 2000
Bank of Canada Raises Target Overnight Rate by ½ Percentage Point to 5¾ Per Cent
The Bank of Canada raised its target for the overnight rate by one-half of one percentage point to 5¾ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank Rate is now 6 per cent.
Content Type(s):
Press,
Press releases
May 16, 2000
Opening Statement before the House of Commons Standing Committee on Finance
Last week, we released our eleventh Monetary Policy Report. Since our November Report, the Canadian economy has outperformed expectations. Bolstered by vigorous external and domestic demand, Canada's economic expansion strengthened in the second half of 1999 and into early 2000.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
May 11, 2000
Release of the Monetary Policy Report
Opening statement
Gordon Thiessen
This morning we released our latest Monetary Policy Report. The outlook that we see for Canadian economic growth and inflation is very positive. The economy has outperformed expectations since our November Report and the underlying trend of inflation has been lower than expected. With the global economy gaining momentum and greater demand at home, we […]
Content Type(s):
Press,
Speeches and appearances,
Opening statements
May 11, 2000
Bank of Canada releases its semi-annual Monetary Policy Report
The Bank of Canada today released its eleventh Monetary Policy Report in which it discusses economic and financial trends in the context of Canada's inflation-control strategy. The Monetary Policy Report is published every May and November.
Content Type(s):
Press,
Press releases
May 8, 2000
Bank of Canada to Stop Issuing $1000 Note
The Bank of Canada announced today that, effective May 12, it will stop issuing $1000 bank notes and will begin to withdraw them from circulation. The announcement follows the federal government's approval of an amendment to the Bank of Canada Notes Regulations to eliminate the $1000 note as part of the fight against money laundering […]
Content Type(s):
Press,
Press releases
May 4, 2000
Bank of Canada Governor Gordon Thiessen plans to retire on 31 January 2001
Bank of Canada Governor Gordon Thiessen has officially informed the Bank’s Board of Directors and staff that he will retire at the end of his term, effective 31 January 2001.
Content Type(s):
Press,
Press releases
April 26, 2000
Bank of Canada Governor speaks to the Chambre de commerce régionale de Sainte-Foy
Governor Gordon Thiessen today talked about the steps that Canada should take to preserve the current economic expansion and improve performance over the long run, in particular by reaping some of the potential gains from the technological revolution that is now sweeping the world.
Content Type(s):
Press,
Press releases