Press Releases
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31 March 1999 Bank Rate Lowered by ¼ Percentage Point to 5 Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one per cent to 5 per cent. The associated operating band for overnight interest rates was similarly reduced. -
22 March 1999 Bank of Canada Governor speaks to the Mennonite Savings and Credit Union
In a speech delivered today to the 35th annual meeting of the Mennonite Savings and Credit Union, Bank of Canada Governor Gordon Thiessen talked about financial sector reform, the economy, and monetary policy.