April 23, 1998
Gordon Thiessen - Latest
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March 25, 1998
The Future Performance of the Canadian Economy
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. -
February 5, 1998
International developments and the prospects for the Canadian economy
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.
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