Canada

Canadian dollar at record low

CANADA - Canada's currency fell to record lows against the US dollar on Wednesday, undermined by weak commodity prices, lower interest rates, and worries over the slowing economy.

Economic leaders choose Ottawa

CANADA - The International Monetary Fund (IMF) and the World Bank have confirmed that their delayed annual meetings will now be held in Ottawa on 17-18 November.

Conference targets terror funds

CANADA - An international conference on money laundering opens in Montreal late on Monday 15 October, aimed at helping countries harmonise their approaches to tackling the issue.

A History of the Canadian Dollar

BOOK - An extensively illustrated book tracing the intriguing story of Canada's dollar from colonial times to the present day. The book provides a lively and informative account of Canadian money from colonial times to the present.

Bank of Canada outsources 500 jobs

CANADA - The Bank of Canada said on 27 June it has hired Electronic Data Systems Corp. to help run a program that sells Canada Savings Bonds and other types of debt to the public, cutting the central bank's payroll by a third.

Communicating Canadian monetary policy

SPEECH - Paul Jenkins, Deputy Governor of the Bank of Canada has made a speech titled 'Communicating Canadian monetary policy: towards greater transparency'. He was speaking at the Ottawa Economics Association, Ottawa, on 22 May.

Bank of Canada appoints visiting special adviser

CANADA - The Bank of Canada has appointed John Chant to fill the visiting economist position of special adviser to the bank. Chant is a professor at Simon Fraser University in Canada. He will serve for a one-year term starting in September 2001.

Canada lowers key interest rate

CANADA - Canada's central bank trimmed its key overnight interest rate on 29 May by 25 basis points to 4.5 per cent, stating that while US demand for Canadian products had slowed during the first part of the year, the domestic economy continued to show…

The Bank of Canada and Financial Stability-Dodge

SPEECH - David Dodge, the governor of the Bank of Canada, gives his second speech since taking over the job about what the central bank is doing to promote financial stability. He emphasises the work of the Group of Twenty, chaired by Canadian finance…

Bank of Canada cuts key rate to 5.25 pct from 5.75

The Bank of Canada on Mar 6, 2001 cut the bellwether bank rate to 5.25 percent from 5.75 percent,and the overnight rate to 5.0 percent from 5.5 percent, saying weakening confidence could delay the economy's recovery in the United States and damage Canada…

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