Press Releases
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7 December 1998 Bank of Canada Governor Addresses Greater Victoria Chamber of Commerce
Bank of Canada Governor Gordon Thiessen today reviewed the impact of turmoil in the global economy and international financial markets on Canada's economy and monetary policy. -
19 November 1998 Pilot Repurchase Operation Call for Tenders
The following pilot repurchase operation will be conducted by the Bank of Canada on behalf of the Government of Canada, subject to the "Standard Terms for Repurchase Operations of Government of Canada Marketable Bonds." -
18 November 1998 Bank Rate Lowered by ¼ Percentage Point to 5¼ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¼ per cent. -
16 November 1998 Bank of Canada Governor comments on release of the Monetary Policy Report
Bank of Canada Governor Gordon Thiessen today commented on the release of the Monetary Policy Report for November 1998. -
5 November 1998 Government of Canada Pilot Bond Buyback Program Launch: Operational Framework
On behalf of the Minister of Finance, the Bank of Canada announced today the operational framework for the previously announced pilot bond buyback program. -
16 October 1998 Bank Rate Lowered by ¼ Percentage Point to 5½ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5½ per cent. -
29 September 1998 Survey of Foreign Exchange and Derivatives Market Activity in Canada
Summary results of a survey of Canadian foreign exchange and derivatives markets are now available. The survey was conducted by the Bank of Canada in April 1998 and covered activity in the foreign exchange and derivatives markets. Similar surveys were undertaken by about 40 other countries during the same month, and the central banks of many of those countries are also releasing their results today. -
29 September 1998 Bank Rate Lowered by ¼ Percentage Point to 5¾ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¾ per cent. -
28 September 1998 Changes to Government of Canada auction process to take effect 14 October 1998
On behalf of the Minister of Finance, the Bank of Canada announced today that "Revised rules pertaining to auctions of Government of Canada securities and the Bank of Canada's surveillance of the auction process," released 11 August 1998, will take effect on 14 October 1998. -
23 September 1998 Bank of Canada Governor Addresses St. John's Board of Trade
Bank of Canada Governor Gordon Thiessen today reviewed international economic and financial developments and their implications for Canada.