March 30, 2006
News
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March 29, 2006
Global Imbalances: Why Worry? What to Do?
These imbalances reflect the financial flows associated with mismatches in savings and investment on a global scale. Since the late 1990s, many economies outside the United States have increased their net national savings. -
March 29, 2006
Governor Dodge Discusses How to Resolve Global Imbalances
Large and persistent current account imbalances are a global problem and all countries must adopt policies that will allow market forces to resolve them, Bank of Canada Governor David Dodge said today. -
March 22, 2006
Bank of Canada announces Deputy Governor assignment
On behalf of the Board of Directors of the Bank of Canada, Governor David Dodge today announced that Deputy Governor Sheryl Kennedy will be undertaking a short-term assignment as Senior Adviser to The Bank of Nova Scotia. -
March 10, 2006
Bank of Canada Announces Research Fellowship for 2006
The Bank of Canada today announced that Professor Gregor Smith of Queen's University is the recipient of the Bank's Research Fellowship for 2006. -
March 9, 2006
Renewing the IMF: Some Lessons from Modern Central Banking
As economies have become more interconnected through trade and financial flows in a truly global marketplace, economic developments in one location can quickly have repercussions on the other side of the globe. In 1997, what began as a currency devaluation in Thailand became a crisis with repercussions not just in Asia, but in countries as far away as Russia, Brazil, and Canada. -
March 7, 2006
Bank of Canada raises overnight rate target by 1/4 percentage point to 3 3/4 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 3/4 per cent.