Media lock-up for the first issue of the Bank of Canada's Senior Loan Officer Survey



    OTTAWA, Oct. 7 /CNW Telbec/ - On Friday, 10 October 2008, the Bank of
Canada will hold a lock-up for the first issue of its Senior Loan Officer
Survey, a quarterly survey of the business-lending practices of major Canadian
financial institutions. The Senior Loan Officer Survey helps the Bank assess
the current business-borrowing environment and is an important input into the
Bank's monitoring of current credit conditions.
    The Bank has been conducting this survey since 1999. It complements
information collected in the Bank's Business Outlook Survey. As part of the
Bank's ongoing commitment to share economic data that feed into the conduct of
monetary policy, results of these quarterly surveys will be published
simultaneously starting on 10 October.

    
    9 a.m.        Lock-up: Journalists are invited to review the results of
                  the third-quarter Senior Loan Officer Survey and the autumn
                  issue of the Business Outlook Survey under the usual
                  conditions of a lock-up 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.

                  Representatives from the Bank's Monetary and Financial
                  Analysis and Research Departments will be available to
                  provide background information and to answer technical
                  questions related to the surveys.
                  Journalists in Toronto and Montréal will be linked by
                  teleconference. Information gathered at the session may be
                  used freely in news reports and commentaries, provided that
                  it is not attributed to the Bank or its officers.
                  Electronic recording is not permitted.

                  Note: For security reasons, those wishing to attend must
                  confirm by calling Nathalie Smith at (613) 782-7382 before
                  noon on Thursday, 9 October.

    10:30 a.m.    End of lock-up and embargo lifted. The results of the
                  Autumn Business Outlook Survey and the third-quarter Senior
                  Loan Officer Survey will be available on the Bank's website
                  at http://www.bankofcanada.ca/en/index.html

    Note:         There will be no briefing session.
                  A backgrounder about the Senior Loan Officer Survey is now
                  available at
                  http://www.bankofcanada.ca/en/slos/backgrounder.pdf
    




For further information:

For further information: Jeremy Harrison, (613) 782-8782,
jharrison@bankofcanada.ca


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