May 13, 1998 Bank of Canada Governor Gordon Thiessen today commented on the release of the semi-annual Monetary Policy Report, which discusses current economic trends and their implications for monetary policy.
April 23, 1998 My colleagues and I look forward to our yearly appearance before your committee because it gives us an opportunity to present an account of how the Bank has worked to fulfil its objectives over the past year. It is also an opportunity for a discussion with you on a range of economic and monetary issues. […]
April 8, 1998 A second discussion paper outlining proposed changes in the rules for, and the surveillance of, auctions of Government of Canada securities was released for public comment today by the Bank of Canada.
April 1, 1998 Professor David Laidler of the University of Western Ontario has been chosen to fill the newly-created visiting economist position of Special Adviser in the Bank of Canada for a one-year term beginning in August 1998.
March 25, 1998 It can take anywhere from one to two years for monetary actions to have their full effect on the economy. Because of this, the conduct of monetary policy must be based on a view of what the economy will be like - not tomorrow, not in a month - but rather in one to two years' time.
February 24, 1998 The Bank of Canada today released a joint statement of the Government of Canada and the Bank of Canada on the extension of the inflation-control targets.
February 5, 1998 A year ago, in early 1997, prospects for global economic growth were very promising. World economic activity had strengthened and was expected to accelerate further, with the benefit of low inflation, reduced fiscal imbalances, and stable or declining interest rates. In Canada too, output and employment growth had picked up.
January 30, 1998 The Bank of Canada today raised its Bank Rate by ½ of one percentage point to 5 per cent.
December 30, 1997 The Bank of Canada today released a guideline outlining how it intends to carry out its responsibilities under the Payment Clearing and Settlement Act (PCSA).
December 12, 1997 The Bank of Canada today raised its Bank rate by ½ of one percentage point to 4 ½ per cent.