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3212 Results

September 11, 2001

Bank of Canada statement

In light of the tragic events in the United States, the Bank of Canada would like to assure the public that it will provide the liquidity necessary to support the stability of the Canadian financial system and the continued functioning of financial markets.
Content Type(s): Press, Press releases
August 28, 2001

Bank of Canada lowers key policy interest rate by 1/4 percentage point to 4 per cent

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
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