Bank of Canada to Release Background Information on Renewal of Inflation-Control Target

OTTAWA, Nov. 8, 2011 /CNW/ - The Bank of Canada will release the document Renewal of the Inflation-Control Target: Background Information on Wednesday, 9 November 2011.

Time:       10:30 (Eastern Time)
         
Lock-up:         At 08:00 (ET), journalists are invited to review the document, under embargo, at the Bank's head office in Ottawa and at the regional offices in Toronto (150 King Street West, Suite 2000) and Montréal (1501 McGill College Avenue, Suite 2030). Please be sure to have your press card with you. For security reasons, those wishing to attend must confirm by calling Dale Alexander at 613 782-8782 by 21:00 ET on Tuesday, 8 November.
         
        At 09:15 (ET), Senior Bank officers will provide background information and respond to questions on the contents of the inflation renewal document. Journalists in Toronto and Montréal will be linked to the briefing by video conference. Information gathered at the session may be used freely in news reports and commentaries, provided it is not attributed to the Bank or its officers. Electronic recording is not permitted.
         
        At 10:30 (ET), the lock-up ends and the embargo is lifted.
         
Distribution:          The Renewal of the Inflation-Control Target: Background Information document will be available at 10:30 (ET) on the Bank's website. (http://www.bankofcanada.ca/monetary-policy-introduction/framework/inflation-control-target)
         
Note:          The 2011 Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target is already available on the Bank's website. (http://www.bankofcanada.ca/publications-research/press-releases)

 

SOURCE Bank of Canada

For further information:

Jeremy Harrison at 613 782-8782 or jharrison@bankofcanada.ca


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