Press

• June 12, 2003

  Recent Economic Developments and the Conduct of Monetary Policy

  Remarks David Dodge Conseil du patronat du Québec Montréal, Quebec

  I want to talk to you about the Canadian economy - how it has evolved over the past few months and what are the prospects ahead. In doing so, I will review the economic forecast from our latest Monetary Policy Report, which we published in April. Then I will talk about what has changed since that time.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 11, 2003

  It All Starts with the Data

  Remarks David Dodge Conference of European Statisticians Geneva, Switzerland

  Our statistical needs are fundamentally shaped by what we are expected to do under our mandate. The primary goal of most central banks today is to conduct monetary policy so as to achieve and maintain price stability. Low, stable, and predictable inflation is the means to our ultimate objective of solid economic performance over time.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 5, 2003

  How Sound Economic Policies Help During Uncertain Times

  Remarks David Dodge German-Canadian Business Club of Berlin-Brandenburg Berlin, Germany

  It is an honour and a privilege to address the German-Canadian Business Club of Berlin-Brandenburg at its inaugural meeting. Groups such as this one serve many important purposes, not the least of which is the development of trading links that help to strengthen the economies of both our countries.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 3, 2003

  Bank of Canada keeps target for the overnight rate at 3 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 1/4 per cent.

  Content Type(s): Press, Press releases
• May 13, 2003

  Policies to Sustain Growth Domestically and Internationally

  Remarks David Dodge Foreign Bankers' Association in the Netherlands Amsterdam, The Netherlands

  I have been looking forward to coming to Amsterdam since Governor Wellink extended the invitation last year. I must say that when you consider what has been happening in the world economy, it is certainly an interesting time to be a Canadian at international meetings such as the BIS meeting I attended yesterday.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 1, 2003

  Changes to the Bank of Canada Commodity Price Index (BCPI)

  Effective 15 May 2003 the following changes will be made to the Bank of Canada Commodity Price Index (BCPI).

  Content Type(s): Press, Announcements
• April 30, 2003

  Opening Statement before the Senate Banking, Trade and Commerce Committee

  Opening statement David Dodge Senate Banking, Trade and Commerce Committee

  The last time I testified before this committee was in the spring of 2002, because we were unable to arrange our regular meeting last fall. You will recall that following the 11 September 2001 terrorist attacks in the United States, we quickly and aggressively cut our policy interest rate to shore up confidence and support domestic demand. By last spring, evidence had already started to build that demand was growing faster than the economy's production capacity.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 29, 2003

  Bank of Canada announces Deputy Governor appointments

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of David Longworth and Mark Carney as Deputy Governors of the Bank.

  Content Type(s): Press, Press releases
• April 29, 2003

  Opening Statement before the House of Commons Finance Committee

  Opening statement David Dodge House of Commons Finance Committee

  Last week, we released our spring Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy. I last testified before this committee in October, following the release of our autumn Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 23, 2003

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Since our October 2002 Monetary Policy Report, both core and total CPI inflation have been well above the 2 per cent inflation target. In this environment, inflation expectations have edged up.

  Content Type(s): Press, Speeches and appearances, Opening statements