May 1, 2001
Media Relations
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April 20, 2001
Governor talks about the Bank of Canada's contribution to monetary and financial stability and about the current economic situation
n a speech today to The Vancouver Board of Trade, Governor David Dodge said that the Bank of Canada contributes to the economic well-being of Canadians by preserving confidence in the value of money and by promoting the safety and soundness of Canada's financial system.
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April 17, 2001
Bank of Canada lowers Bank Rate by 1/4 per cent
The Bank of Canada today announced that it is lowering the Bank Rate by one-quarter of one percentage point to 5 per cent. The operating band for the overnight rate* is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 4 3/4 per cent.
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March 20, 2001
Governor highlights Bank of Canada's contribution to domestic and global financial stability
As an open economy, Canada has a strong interest in promoting a sound and robust international economic environment, Governor David Dodge said today, in a speech to the Montreal Society of Financial Analysts. He stressed that sound macroeconomic policies and robust and efficient financial systems are of paramount importance in an increasingly interconnected world.
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March 6, 2001
Bank of Canada lowers Bank Rate to 5 1/4 per cent
The Bank of Canada today announced that it is lowering the Bank Rate by one-half of one percentage point to 5 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank's target for the overnight rate is reduced to 5 per cent.
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