September 23, 1998
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September 2, 1998
Renegotiation of Standby Credit Facility
On behalf of the Minister of Finance, it was announced today that Canada has renegotiated its existing U.S.$6.0 billion standby credit facility with international banks.
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August 27, 1998
Bank Rate Raised by 1 Percentage Point
The Bank of Canada today raised its Bank Rate by one percentage point to 6 per cent.
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May 27, 1998
Bank of Canada Governor speaks at La Conférence de Montréal
In a speech delivered today to delegates to La Conférence de Montréal, Bank of Canada Governor Gordon Thiessen examined the impact of financial market globalization on the world economy.
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May 13, 1998
Bank of Canada Governor comments on release of the Monetary Policy Report
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.
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April 8, 1998
Second Discussion Paper Released on Government of Canada - Debt Auction Process
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.
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April 1, 1998
Bank of Canada Announces Appointment of Special Adviser
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.
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February 24, 1998
Inflation-Control Targets Extended
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.
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January 30, 1998
Bank Rate Raised to 5 Per Cent
The Bank of Canada today raised its Bank Rate by ½ of one percentage point to 5 per cent.
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December 30, 1997
Bank Releases Guideline for Regulatory Oversight Under Payment Clearing and Settlement Act
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).
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