January 30, 2001 Annual Report 2001 The year that just passed posed many challenges for all Canadians. The slowdown in the global economy became more pronounced as the year went on, and this affected households, businesses, and governments alike. The tragedy of 11 September compounded the economic difficulties and issues facing us all. Through this period of rapidly changing circumstances, the Bank met its responsibilities by responding quickly and vigorously to events in order to underpin confidence and support the economy. Content Type(s): Publications, Annual Report
January 29, 2001 Annual Report 2000 The Canadian economy continued to expand robustly in 2000 while inflation remained low. Content Type(s): Publications, Annual Report
December 1, 2000 Market Views Sought on Issues Relating to the Design and Operation of Government Debt Programs over 2001-02 A consultation document on issues relating to the design and operation of government debt programs over 2001-2002, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today. Content Type(s): Press, Market notices
December 1, 2000 Debt Strategy Consultations 2001—02 Overview The purpose of the consultations is to obtain market views on issues relating to the design and operation of government debt programs over 2001—02, with a focus on the Treasury bill program. The following provides a brief description of the issues to be covered: Context The objectives of debt strategy are to provide stable, […]
December 1, 2000 Background Note on the Treasury Bill Program 1. Introduction This year, the average outstanding stock of treasury bills has been about $85 billion, about half of where it was (almost $165 billion) five years ago. The turnover ratio (the trading volume to the outstanding stock of bills) has declined by even more, to less than half the rate of five years ago. As part […]
November 29, 2000 Government of Canada Pilot Cash Management Bond Buyback Program Launch: Operational Framework On behalf of the Minister of Finance, the Bank of Canada announced today that the government will be proceeding on a pilot basis with a bond buyback program for cash management purposes. The program is designed to reduce the peak levels of government cash balances needed to redeem large upcoming maturities of Government of Canada marketable bonds. Design of the operational framework has been based on consultations with market participants. Content Type(s): Press, Announcements
November 28, 2000 Bank of Canada to Offer Term SPRAs and May Purchase BAs over Year-end The Bank of Canada today announced its intention to temporarily add assets to its balance sheet to offset the anticipated $2 billion to $3 billion seasonal increase in the demand for bank notes. These operations have no monetary policy significance. Content Type(s): Press, Market notices
November 9, 2000 Monetary Policy Report – November 2000 Over the last six months, most countries have continued to register strong economic growth. Content Type(s): Publications, Monetary Policy Report
September 19, 2000 Summary of Consultation Results On 19 September 2000, the Bank of Canada published details of its plan to adopt a new system of eight “fixed” or pre-specified dates each year for announcing any changes to the official interest rate that it uses to implement monetary policy. Before finalizing and implementing the specific calendar of fixed dates, including the day of the week and time of day for announcements, the Bank invited interested Canadians to provide their views on the new fixed-date system.
September 19, 2000 A New System of Fixed Dates for Announcing Changes to the Bank Rate In November 2000, the Bank of Canada introduced a new system of eight "fixed" or pre-specified dates each year for announcing any changes to the official interest rate it uses to implement monetary policy. This paper describes the basic features of the proposed approach, elaborates its key advantages and identifies issues for consultation.