Speeches

• May 13, 1998

  Release of the Monetary Policy Report

  Opening statement Gordon Thiessen

  This morning we released our seventh Monetary Policy Report. Since the release of our last Report in November, there have been an unusual number of international and domestic developments which have had important economic and financial consequences. Among the most important events have been the crisis in Asia, declines in commodities prices, and the persistent […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 23, 1998

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Gordon Thiessen Standing Senate Committee on Banking, Trade and Commerce

  My colleagues and I look forward to our yearly appearance before your committee because it gives us an opportunity to present an account of how the Bank has worked to fulfil its objectives over the past year. It is also an opportunity for a discussion with you on a range of economic and monetary issues. […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• March 25, 1998

  The Future Performance of the Canadian Economy

  Remarks Gordon Thiessen Canadian Club of Winnipeg Winnipeg, Manitoba

  It can take anywhere from one to two years for monetary actions to have their full effect on the economy. Because of this, the conduct of monetary policy must be based on a view of what the economy will be like - not tomorrow, not in a month - but rather in one to two years' time.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 5, 1998

  International developments and the prospects for the Canadian economy

  Remarks Gordon Thiessen Saint John, New Brunswick

  A year ago, in early 1997, prospects for global economic growth were very promising. World economic activity had strengthened and was expected to accelerate further, with the benefit of low inflation, reduced fiscal imbalances, and stable or declining interest rates. In Canada too, output and employment growth had picked up.

  Content Type(s): Press, Speeches and appearances, Remarks