News

• October 26, 2004

  Opening Statement before the House of Commons Finance Committee

  Opening statement David Dodge House of Commons Finance Committee

  These meetings help us keep Members of Parliament and, through you, all Canadians informed about the Bank's views on the economy, and about the objective of monetary policy and the actions we take to achieve it.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 21, 2004

  Release of the Monetary Policy Report

  Opening statement David Dodge

  The Canadian economy has grown faster than was projected in last April's Monetary Policy Report and the July Update, largely because of a surge in exports. It is now operating near its production capacity and continues to adjust to global economic developments.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 21, 2004

  Deputy Governor Mark Carney appointed Senior Associate Deputy Minister of Finance

  Media Relations Ottawa, Ontario

  The Prime Minister announced today that Mark Carney, Deputy Governor of the Bank of Canada, has been appointed Senior Associate Deputy Minister of Finance, effective 15 November.

  Content Type(s): Press, Press releases
• October 21, 2004

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  The Canadian economy has grown faster than was projected in last April's Monetary Policy Report and the July Update, largely because of a surge in exports. It is now operating near its production capacity and continues to adjust to global economic developments.

  Content Type(s): Press, Press releases
• October 19, 2004

  Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 3/4 per cent.

  Content Type(s): Press, Press releases
• October 13, 2004

  Bank of Canada Unveils New $50 Bank Note

  Media Relations Calgary, Alberta

  The Bank of Canada today unveiled Canada's new $50 bank note, the theme of which is Nation Building: shaping the political, legal, and social structures for democracy and equality. The new note was unveiled at a ceremony in Calgary, Alberta by the Honourable Senator Joyce Fairbairn and David Dodge, Governor of the Bank of Canada.

  Content Type(s): Press, Press releases
• October 13, 2004

  Famous 5 Foundation

  Remarks David Dodge Nation Builders Dinner Calgary, Alberta

  As you know, one of the events and themes commemorated on the new $50 bank note is the Persons Case. I am especially pleased to be here tonight, helping to celebrate the 75th anniversary of that historic case, and honouring the Famous Five, who helped to enshrine the rights of all individuals, in Canada and other countries around the world, to participate on equal terms in political life.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 7, 2004

  Global Economic Developments and the Implications for Ontario

  Remarks David Dodge Ontario Economic Summit Niagara-on-the-Lake, Ontario

  One theme that I heard repeatedly in Washington is that 2004 is turning out to be a better year than many had thought, particularly over the first half of the year. Indeed, the IMF is now projecting global economic growth of 5 per cent in 2004, which would be a marked improvement from the 3.9 per cent rate seen in 2003.

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