September 11, 2001 Government of Canada treasury bill auction and Cash Management Buyback scheduled to be held today are postponed and cancelled respectively In light of extraordinary circumstances that have occurred in the U.S. today that have significantly disrupted trading activity, the Government of Canada in conjunction with the Bank of Canada are making the following Debt Management announcements: Content Type(s): Press, Market notices
August 28, 2001 Bank of Canada lowers key policy interest rate by 1/4 percentage point to 4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate* by one-quarter of one percentage point to 4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 4 1/4 per cent. With today's action, the total reduction in interest rates by the Bank this year amounts to 1 3/4 percentage points. Content Type(s): Press, Press releases
August 10, 2001 Proposed Terms and Conditions for Auctions of Receiver General Cash Balances On behalf of the Minister of Finance, the Department of Finance and Bank of Canada are releasing today draft terms and conditions for participation in Receiver General auctions. These auctions are the means by which the government invests its short-term Canadian dollar cash balances. Content Type(s): Press, Market notices
August 9, 2001 Expansion of List of Securities Eligible as Collateral for use in Bank of Canada Standing Liquidity Facility Under its Standing Liquidity Facility (SLF), the Bank of Canada is prepared to provide liquidity on a daily basis to financial institutions that participate directly in the payment systems operated by the Canadian Payments Association - the Automated Clearing Settlement System (ACSS) and the Large Value Transfer System (LVTS). Content Type(s): Press, Market notices
August 2, 2001 Summer Consultations - Market Views Sought on Issues Relating to the Design and Operation of Government Debt Programs over 2001-02 and Beyond A consultation document on issues relating to the design and operation of government debt programs over 2001-2002 and beyond, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today. Content Type(s): Press, Market notices
August 1, 2001 Bank of Canada releases Monetary Policy Report Update Media Relations The Bank of Canada today released its Update to the May Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
July 18, 2001 Sheryl Kennedy Named Deputy Governor, Financial Markets Media Relations Sheryl Kennedy, Deputy Governor of the Bank of Canada, has been asked by the Bank's Board of Directors to serve as Deputy Governor, Financial Markets. She takes over the responsibilities formerly carried out by Tim Noël, who passed away last week. Content Type(s): Press, Press releases
July 17, 2001 Bank of Canada lowers key policy interest rate by 1/4 percentage point to 4 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate* by one-quarter of one percentage point to 4 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 4 1/2 per cent. Content Type(s): Press, Press releases
July 13, 2001 Statement From the Governor Media Relations On behalf of the staff and Board of Directors of the Bank of Canada, Governor David Dodge today issued the following statement on the death this week of Tim Noël, Deputy Governor of the Bank since 1994: Content Type(s): Press, Press releases
June 27, 2001 Bank of Canada awards contract for outsourcing of retail debt systems and operations support Media Relations The Bank of Canada has signed a contract with EDS Canada Inc. for the provision of systems and operations support services for the federal government's retail debt program to ensure more flexible and cost-effective service. Content Type(s): Press, Press releases