Bank of Canada Interest Rate Announcement

OTTAWA , Dec. 3 /CNW Telbec/ - On Tuesday, 8 December 2009 , the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision.

    
    08:00           Lock-up: Journalists are invited to review the press
                    release, under the usual conditions of a lock-up, at the
                    Bank's head office in Ottawa. (Please use the East Tower
                    entrance at 245 Sparks Street and have your press card
                    with you.) For security reasons, those wishing to attend
                    the lock-up must confirm by calling Stephanie Bento at
                    613 782-7183 before noon on Monday, 7 December.

    09:00           Lock-up ends and embargo lifted.

    Note:           There will be no briefing.

    Distribution:   The press release will be distributed as follows:

    09:00           on the Bank's website
                    (http://www.bankofcanada.ca/en/press/index.html)

    Between 09:00   on Canada NewsWire
    and 10:00       through the Parliamentary Press Gallery
    

For further information: Jeremy Harrison at [phone] or [email protected]