News

• May 24, 2002

  Convocation address

  Remarks David Dodge Graduating class of the Faculty of Engineering Queen's University Kingston, Ontario

  Queen's motto is Sapientia et Doctrina Stabilitas, which we generally translate as "Wisdom and knowledge shall be the strength of thy times." This motto is especially pertinent to you as engineers graduating today.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 14, 2002

  International Financial Architecture and the Resolution of Financial Crises

  Remarks David Dodge Canadian Club of Ottawa and the Canadian Institute of International Affairs Ottawa, Ontario

  The preamble to the Bank of Canada Act calls on us to promote the economic and financial welfare of Canada. In this context, we aim to foster good economic performance through monetary stability - that is to say, through low, stable, and predictable inflation. But no market economy can function properly unless it is also supported by an efficient and stable financial system.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 14, 2002

  Bank of Canada Governor Reviews Progress in Strengthening International Financial Architecture and Resolving Financial Crises

  Media Relations Ottawa, Ontario

  Mr. Dodge stressed that in an interconnected world, Canada's open economy is very much affected by world events - hence, our strong interest in a healthy international financial environment.

  Content Type(s): Press, Press releases
• May 9, 2002

  Canadian Consul General's residence

  Remarks David Dodge Luncheon at the Canadian Consul General's residence Chicago, Illinois

  In Canada, the economic weakness that we experienced was really concentrated in the third quarter of last year, particularly in September. The terrorist attacks in September created a great deal of uncertainty, and so the Bank of Canada, like the U.S. Federal Reserve, provided an extraordinary amount of stimulus by aggressively lowering interest rates.

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