Press
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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. -
1 December 1997 What can monetary policy do to help the economy reach its full potential?
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.