Press

• July 14, 2005

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  Global and Canadian economic developments have been unfolding broadly as expected, and the Bank's outlook for output and inflation in Canada through to the end of 2006 is little changed from the scenario outlined in the April Report. Strong growth in final domestic demand in Canada continues to offset the drag from net exports.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 12, 2005

  Bank of Canada keeps target for the overnight rate at 2 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent.

  Content Type(s): Press, Press releases
• June 28, 2005

  Governor Dodge Discusses Policies to Help Resolve Global Imbalances

  Media Relations London, United Kingdom

  Bank of Canada Governor David Dodge today spoke about the policies that governments around the world need to adopt in order to bring about an orderly resolution to global economic imbalances.

  Content Type(s): Press, Press releases
• June 28, 2005

  The International Monetary Order and the Canadian Economy

  Remarks David Dodge Canada-U.K. Chamber of Commerce London, United Kingdom

  As business people with ties to Canada and the United Kingdom, you are keenly interested in the economic prospects of both countries. When we look closely at our economies, it is striking how much they have in common in terms of policies and outlook.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 15, 2005

  Governor Dodge Discusses How Canada Is Adjusting to Change

  Media Relations Winnipeg, Manitoba

  Bank of Canada Governor David Dodge said today that Canadians are making the adjustments that will help our economy thrive in a changing global economic environment.

  Content Type(s): Press, Press releases
• June 15, 2005

  Adjusting to Change

  Remarks David Dodge Winnipeg Chamber of Commerce Winnipeg, Manitoba

  Change is the central theme of my remarks today. First, I will talk about some of the changes that have taken place at the Bank of Canada over its 70-year history. Then, I'll talk about some of the changes that are currently taking place in the global economy, as well as how we see our economy - across Canada and right here in Manitoba - adjusting to these changes.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 9, 2005

  How the Canadian Economy Is Adjusting to Global Forces

  Remarks David Dodge Canadian Chamber of Commerce in Japan Tokyo, Japan

  Rapid growth in emerging-market economies is driving up demand for commodities, and that has pushed up world prices for oil and many non-energy commodities. Meanwhile, productivity improvements in some countries and a competitive world environment are lowering the prices for some consumer goods, communications services, and computer equipment.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 2, 2005

  Monetary Policy and the Exchange Rate in Canada

  Remarks David Dodge Canada China Business Council Beijing, China

  Canada's experience is interesting and potentially insightful for two important reasons. First, Canada has more experience with a flexible exchange rate than almost any other country.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 30, 2005

  Reflections on the International Economic and Monetary Order

  Remarks David Dodge la Conférence de Montréal Montréal, Quebec

  Up to now, world capital markets have been managing these imbalances in a reasonably smooth way. In the short term, it is reasonable to expect that they will continue to do so. But over the medium term, imbalances of this magnitude are not sustainable.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 30, 2005

  Governor Dodge Examines How Countries Can Help Resolve Global Imbalances

  Media Relations Montréal, Quebec

  Mr. Dodge cited the promotion of flexible markets, the creation and maintenance of a sound financial system, and the pursuit of sound fiscal and monetary policies as priorities for policy-makers worldwide.

  Content Type(s): Press, Press releases