November 9, 2000 Bank of Canada releases semi-annual Monetary Policy Report Media Relations The Bank of Canada today released its twelfth semi-annual Monetary Policy Report in which it discusses economic and financial trends in the context of Canada’s inflation-control strategy. The Monetary Policy Report is published every May and November. Content Type(s): Press, Press releases
October 30, 2000 Bank of Canada releases dates for announcing Bank Rate actions Media Relations Ottawa, Ontario The Bank of Canada today made public the dates through the year 2001 on which it will announce any changes to the official interest rate it uses to implement monetary policy. Last month the Bank outlined its plan to adopt a new system of pre-set or "fixed" dates for announcing changes to the Bank Rate, […] Content Type(s): Press, Press releases
October 17, 2000 Can a Bank Change? The Evolution of Monetary Policy at the Bank of Canada 1935–2000 Lecture Gordon Thiessen Faculty of Social Science, University of Western Ontario Over this period, there has been a fundamental transformation in the way monetary policy is conducted in Canada and in most other industrial countries. While globalization and technological change have played an important role in this area, as in so many others, they have not, to my mind, been the principal driving force behind this transformation. Far more important has been the interaction of experience and economic theory. Content Type(s): Press, Speeches and appearances, Lectures
September 26, 2000 Bank of Canada to issue new bank notes Media Relations Ottawa, Ontario The Bank of Canada will issue a new series of bank notes beginning in January 2001 to further enhance the security of Canada's currency. Content Type(s): Press, Press releases
September 21, 2000 Government of Canada to expand bond buyback operations The Government announced in the 2000-01 Debt Management Strategy that it was implementing the bond buyback program on an ongoing basis. Content Type(s): Press, Market notices
September 19, 2000 Bank of Canada to adopt fixed dates for announcing Bank Rate changes Media Relations Ottawa, Ontario The Bank of Canada today outlined details of its plan to adopt a 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—the rate of interest it charges on short-term loans to financial institutions. Content Type(s): Press, Press releases
September 14, 2000 The Outlook for the Canadian Economy and the Conduct of Monetary Policy Remarks Gordon Thiessen Calgary Chamber of Commerce Calgary, Alberta Today, I would like to bring you up to date on the Bank of Canada's views about the outlook for the Canadian economy. Prospects for the period ahead are generally very favourable. Content Type(s): Press, Speeches and appearances, Remarks
September 14, 2000 Bank of Canada Governor reviews economic developments and outlines proposed new arrangements for announcing interest rate changes Media Relations Calgary, Alberta In a speech to the Calgary Chamber of Commerce today, Bank of Canada Governor Gordon Thiessen gave an update on the Bank's outlook for the Canadian economy. He also outlined plans to move to a system of pre-set dates for announcing changes in official interest rates as part of the Bank's ongoing efforts to improve […] Content Type(s): Press, Press releases
August 16, 2000 Release of the Monetary Policy Report Update Opening statement Gordon Thiessen This morning we released our update to the May Monetary Policy Report. Overall, the outlook for Canadian economic growth and inflation is positive. Economic activity in Canada has remained strong since our May Report. Nonetheless, the underlying trend of inflation has been unexpectedly low - in the bottom half of our 1 to 3 per […] Content Type(s): Press, Speeches and appearances, Opening statements
August 14, 2000 Follow up on proposed modifications to Government of Canada Bond operations On July 21, 2000, the Bank of Canada announced that the Bank and the Department of Finance would be seeking the views of market participants on the feasibility of implementing a cash management buyback program and on the possibility of reverting back to March and September maturity dates for two-year bonds. Content Type(s): Press, Market notices