October 4, 2001 Debt Management Operational Enhancements A key federal debt strategy objective is maintaining a well-functioning market in Government of Canada securities. In keeping with the government's commitment to market consultations in domestic debt management issues, in August 2001 consultations were held with market participants on potential operational enhancements. Content Type(s): Press, Market notices
October 1, 2001 Bank of Canada releases 2002 schedule of dates for policy interest rate announcements Media Relations Ottawa, Ontario The Bank of Canada today released its schedule of eight dates for announcing decisions on its key policy interest rate for 2002. Content Type(s): Press, Press releases
September 24, 2001 Revised comment period for the discussion paper on the Bank's repurchase program In the discussion paper titled "Proposed repurchase program for the Bank of Canada's holdings of Government of Canada securities", comments on the Bank's proposal were requested by the end of September. Please note that this comment period has been extended to the end of October. Content Type(s): Press, Market notices
September 21, 2001 Current Developments in the Canadian Economy Remarks David Dodge Right now, last week's tragic events in the United States are uppermost in people's minds. Like millions of people around the globe, Canadians are very concerned about the situation. We all share in the sheer horror of what has happened. Content Type(s): Press, Speeches and appearances, Remarks
September 21, 2001 Opening Statement by David Dodge, Governor of the Bank of Canada Opening statement David Dodge Today, we released a section of the speech that I was to give in Moncton two days ago. It deals with current economic developments. The speech was postponed in light of last week's tragic events in the United States. Content Type(s): Press, Speeches and appearances, Opening statements
September 17, 2001 Change announced for scheduled Board meeting and speech Media Relations This week's meeting of the Bank of Canada Board of Directors scheduled for Moncton will now take place in Ottawa. The next regularly scheduled meeting of the Board in late October will be held in Moncton. Content Type(s): Press, Press releases
September 17, 2001 Bank of Canada lowers key policy interest rate by 1/2 percentage point to 3 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of one percentage point to 3 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3 3/4 per cent. Content Type(s): Press, Press releases
September 14, 2001 Bank of Canada update on financial markets to 14 September Media Relations Canada's payments, clearing and settlement systems have functioned well this week. The Bank of Canada continues to provide liquidity as needed. Trading activity in Canadian bond and money markets has increased since Wednesday and bid-ask spreads have narrowed, while activity in the foreign exchange markets has been very subdued. Content Type(s): Press, Press releases
September 14, 2001 Swap Facility with U.S. Federal Reserve Media Relations The Bank of Canada and the U.S. Federal Reserve have agreed to a temporary augmentation of their existing swap facility in order to facilitate the functioning of financial markets and provide liquidity in U.S. dollars. Content Type(s): Press, Press releases
September 12, 2001 Bank of Canada update on financial markets Media Relations Canada's payments, clearing and settlement systems are functioning well, with the Bank of Canada providing ample liquidity. Equity and futures markets were closed today, but Canadian bond, money and foreign exchange markets were open, with very light trading volumes. Content Type(s): Press, Press releases