Press
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September 13, 2006 Weathering Economic Shocks: The Importance of Flexibility
First, I should explain what I mean by flexibility. As most of you are surely aware, the Bank of Canada has been openly discussing the importance of promoting policies that support economic efficiency, including financial system efficiency. Efficiency refers to the allocation of scarce economic resources to the most productive uses, in a cost-effective way. -
September 7, 2006 Net Position Reports - Formal Recommendation from the Bank of Canada
The Bank of Canada announced today that it has sent the following letter to the Investment Dealers Association of Canada. -
September 6, 2006 Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent.