February 24, 1998 Inflation-Control Targets Extended Media Relations The Bank of Canada today released a joint statement of the Government of Canada and the Bank of Canada on the extension of the inflation-control targets. Content Type(s): Press, Press releases
February 5, 1998 International developments and the prospects for the Canadian economy Remarks Gordon Thiessen Saint John, New Brunswick A year ago, in early 1997, prospects for global economic growth were very promising. World economic activity had strengthened and was expected to accelerate further, with the benefit of low inflation, reduced fiscal imbalances, and stable or declining interest rates. In Canada too, output and employment growth had picked up. Content Type(s): Press, Speeches and appearances, Remarks
January 30, 1998 Bank Rate Raised to 5 Per Cent Media Relations Ottawa, Ontario The Bank of Canada today raised its Bank Rate by ½ of one percentage point to 5 per cent. Content Type(s): Press, Press releases
December 30, 1997 Bank Releases Guideline for Regulatory Oversight Under Payment Clearing and Settlement Act Clyde Goodlet The Bank of Canada today released a guideline outlining how it intends to carry out its responsibilities under the Payment Clearing and Settlement Act (PCSA). Content Type(s): Press, Press releases
December 12, 1997 Bank Rate Raised to 4 1/2 Per Cent Media Relations Ottawa, Ontario The Bank of Canada today raised its Bank rate by ½ of one percentage point to 4 ½ per cent. Content Type(s): Press, Press releases
December 1, 1997 What can monetary policy do to help the economy reach its full potential? Remarks Gordon Thiessen Canadian Club of Toronto Toronto, Ontario Today, we meet against a backdrop of some uncertainty in the international economy. I would like to begin my remarks with an assessment of what the recent financial and economic events in Asia could mean for Canada. Content Type(s): Press, Speeches and appearances, Remarks
November 27, 1997 Final report on wartime gold transactions released Media Relations The Bank of Canada today released a report by Professor Duncan McDowall of Carleton University entitled Due Diligence: A report on the Bank of Canada's handling of foreign gold during World War II. Content Type(s): Press, Press releases
November 25, 1997 Bank Rate Raised in Response to Persistent Weakness in the Canadian Dollar Media Relations Ottawa, Ontario The Bank of Canada today raised the Bank Rate by 1/4 of one percentage point to 4 per cent. The Bank's operating band for the overnight rate was similarly adjusted. Content Type(s): Press, Press releases
October 7, 1997 Challenges ahead for monetary policy Remarks Gordon Thiessen Vancouver Board of Trade Vancouver, British Columbia Today, I would like to talk about some of the important issues and challenges facing monetary policy in the period ahead and how the Bank of Canada proposes to deal with them. This is not an unusual topic for me since the business of central banking is seldom without challenges. But what a difference the past two years have made to the challenges we face! Content Type(s): Press, Speeches and appearances, Remarks
October 1, 1997 Bank Rate Raised by ¼ Percentage Point Media Relations Ottawa, Ontario The Bank of Canada today raised the Bank Rate and its operating band for the overnight rate by 1/4 of one percentage point. Content Type(s): Press, Press releases