Press Releases
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21 October 2004 Deputy Governor Mark Carney appointed Senior Associate Deputy Minister of Finance
The Prime Minister announced today that Mark Carney, Deputy Governor of the Bank of Canada, has been appointed Senior Associate Deputy Minister of Finance, effective 15 November. -
21 October 2004 Bank of Canada releases Monetary Policy Report
The Canadian economy has grown faster than was projected in last April's Monetary Policy Report and the July Update, largely because of a surge in exports. It is now operating near its production capacity and continues to adjust to global economic developments. -
19 October 2004 Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/2 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 3/4 per cent. -
13 October 2004 Bank of Canada Unveils New $50 Bank Note
The Bank of Canada today unveiled Canada's new $50 bank note, the theme of which is Nation Building: shaping the political, legal, and social structures for democracy and equality. The new note was unveiled at a ceremony in Calgary, Alberta by the Honourable Senator Joyce Fairbairn and David Dodge, Governor of the Bank of Canada.