Press Releases
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3 December 2002 Bank of Canada keeps target for the overnight rate at 2 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 per cent. -
22 November 2002 Bank of Canada Announces Retirement of Deputy Governor Charles Freedman
Today, the Bank of Canada announced that Deputy Governor Charles (Chuck) Freedman will retire from the Bank effective 5 September 2003. -
18 November 2002 Governor Explains How the Bank of Canada Promotes Canada's Economic and Financial Welfare
In a speech to the Calgary Chamber of Commerce, Bank of Canada Governor David Dodge today outlined some of the ways in which the central bank contributes to Canada's economic and financial welfare. -
23 October 2002 Bank of Canada releases its October Monetary Policy Report
Today, the Bank of Canada released its October Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy. -
17 October 2002 Governor Discusses Role of Productivity in Canada's Prosperity
In this context, he focused on the critical role that higher productivity plays in supporting real income growth and improved standards of living over time. -
16 October 2002 Bank of Canada keeps target for the overnight rate at 2 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 per cent. -
18 September 2002 Governor Credits Sound Economic Framework for Canada's Strong Performance
Canada's economy has shown remarkable strength over the past two years, despite a number of unfavourable developments that originated mainly from abroad, Bank of Canada Governor David Dodge said today in a speech at the University of British Columbia. The adoption of inflation targets, the restoration of fiscal health, and the restructuring initiatives taken by businesses were all positive steps taken in the 1990s that have allowed the economy to better handle economic problems now, he said. -
18 September 2002 Bank of Canada Announces Economic Research Fellowship Program
The Bank of Canada is launching a Fellowship Program to encourage economic research at Canadian universities, Governor David Dodge announced today during a speech at the University of British Columbia. The Governor said the program is a natural extension of the Bank of Canada's commitment to promoting high-quality research. -
4 September 2002 Bank of Canada keeps target for the overnight rate at 2 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 per cent. -
29 August 2002 Bank of Canada releases 2003 schedule of dates for policy interest rate announcements
The Bank of Canada today released its 2003 schedule of eight dates for announcing decisions on its key policy interest rate and, at the same time, confirmed the announcement dates for the remainder of this year.