January 25, 2005
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January 20, 2005
Bank of Canada to Upgrade $10 Bank Note
As part of its ongoing efforts to improve the security of Canadian bank notes, the Bank of Canada will issue a $10 note with upgraded security features beginning 18 May 2005.
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December 17, 2004
Bank of Canada announces Deputy Governor appointment
The Board of Directors of the Bank of Canada today announced the appointment of Tiff Macklem as Deputy Governor of the Bank and a member of the Bank's Governing Council, effective 29 December. Mr. Macklem's appointment fills the vacancy created by the departure of Mark Carney.
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December 9, 2004
Governor Dodge Says Canada Must Improve Its Financial System Efficiency
Bank of Canada Governor David Dodge said today it is imperative that Canada work to enhance the efficiency of its financial system.
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December 7, 2004
Bank of Canada keeps target for the overnight rate at 2 1/2 per cent
he Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent.
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December 1, 2004
Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence
Effective today, the Bank of Canada is inviting nominations for the second annual Law Enforcement Award of Excellence for Counterfeit Deterrence. This award is presented to one or more police officers, employees, or volunteers of a Canadian law enforcement agency who have demonstrated outstanding commitment and initiative in the fight against bank note counterfeiting or in the prevention of counterfeiting.
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November 17, 2004
Bank of Canada Issues New $50 Bank Note
The Bank of Canada today put into circulation Canada's new $50 bank note. The new note will be distributed and become available across the country over the next few weeks.
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October 21, 2004
Deputy Governor Mark Carney appointed Senior Associate Deputy Minister of Finance
The Prime Minister announced today that Mark Carney, Deputy Governor of the Bank of Canada, has been appointed Senior Associate Deputy Minister of Finance, effective 15 November.
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October 21, 2004
Bank of Canada releases Monetary Policy Report
The Canadian economy has grown faster than was projected in last April's Monetary Policy Report and the July Update, largely because of a surge in exports. It is now operating near its production capacity and continues to adjust to global economic developments.
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October 19, 2004
Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/2 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 3/4 per cent.
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