Press Releases
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30 December 1997 Bank Releases Guideline for Regulatory Oversight Under Payment Clearing and Settlement Act
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). -
12 December 1997 Bank Rate Raised to 4 1/2 Per Cent
The Bank of Canada today raised its Bank rate by ½ of one percentage point to 4 ½ per cent. -
27 November 1997 Final report on wartime gold transactions released
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. -
25 November 1997 Bank Rate Raised in Response to Persistent Weakness in the Canadian Dollar
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. -
1 October 1997 Bank Rate Raised by ¼ Percentage Point
The Bank of Canada today raised the Bank Rate and its operating band for the overnight rate by 1/4 of one percentage point. -
8 September 1997 Change in Issuance Pattern of Treasury Bills Beginning with the 16 September Auction
On 5 August 1997, Secretary of State (International Financial Institutions) Jim Peterson announced on behalf of Finance Minister Paul Martin that beginning with the 16 September 1997 auction. -
28 July 1997 Bank of Canada Releases Interim Report on Wartime Gold Transactions
The Bank of Canada today released an interim report on the results of a search for records relating to wartime gold transactions. -
26 June 1997 Bank Rate Raised 1/4 of a Percentage Point
The Bank of Canada indicated today that it had raised the Bank Rate by 1/4 of one percentage point to 3 1/2 per cent. -
23 April 1997 Bank of Canada Announces Appointment of Senior Regional Representatives
The Bank of Canada today announced the appointment of senior representatives who will staff its five regional offices across Canada.