Speeches

• June 11, 2002

  Trust, Transparency, and Financial Markets

  Remarks David Dodge Greater Halifax Partnership Halifax, Nova Scotia

  But first, I would like to address an important subject; that is, how to promote the efficient operation of Canada's financial markets. Rather than approaching this topic in a detailed, technical way, I want to speak about two qualities that are essential to their efficient operation: trust and transparency.

  Content Type(s): Press, Speeches and appearances, Remarks
• 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 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
• April 30, 2002

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

  Opening statement David Dodge Standing Senate Committee on Banking, Trade and Commerce

  To counter that uncertainty and bolster consumer and business confidence, the Bank of Canada moved aggressively to provide monetary stimulus. Between last September and January 2002, we lowered interest rates by 200 basis points, bringing the total reduction since January 2001 to 375 basis points.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 26, 2002

  The Interaction Between Monetary and Fiscal Policies

  Lecture David Dodge School of Policy Studies Queen's University Kingston, Ontario

  Donald Gow had a great interest in public administration and in budgetary reform in the federal government.1 He was one in a long line of Queen's professors who have focused on various budgetary matters at the federal level.

  Content Type(s): Press, Speeches and appearances, Lectures
• April 24, 2002

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement David Dodge

  To counter that uncertainty and bolster consumer and business confidence, the Bank of Canada moved aggressively to provide monetary stimulus. Between last September and January 2002, we lowered interest rates by 200 basis points, bringing the total reduction since January 2001 to 375 basis points.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 24, 2002

  Release of the Monetary Policy Report

  Opening statement David Dodge

  The level of production in the Canadian economy should return to full capacity in the second half of 2003. We also said that inflation should be at the Bank's 2 per cent target by about the end of next year.

  Content Type(s): Press, Speeches and appearances, Opening statements
• March 26, 2002

  The Conduct of Monetary Policy in the Presence of Economic Shocks

  Remarks David Dodge National Association for Business Economics Washington, D.C.

  Globalization - the trend towards greater economic integration around the world - has brought important benefits to us all. It has boosted world trade, opened up access to sources of global finance, and facilitated the diffusion of far-reaching technological advances in transportation, communications, and information processing.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 12, 2002

  Monetary Policy Choices: The Canadian Experience

  Remarks David Dodge Chambre de Commerce France-Canada and Les Canadiens en Europe (France) Paris, France

  Over the years, both Canada and France have had to make decisions about the framework guiding monetary policy. The authorities in the two countries have made choices that reflect the differences in our economies.

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