Press

• October 25, 2006

  Governor Dodge Looks at the Global Economy and the Implications for Ontario

  Media Relations Ottawa, Ontario

  In a speech by video conference to the Ontario Economic Leadership Summit in Niagara-on-the-Lake, Governor Dodge reviewed the Bank's projections contained in the Monetary Policy Report, published last week.

  Content Type(s): Press, Press releases
• October 25, 2006

  Opening Statement before the Senate Banking, Trade and Commerce Committee

  Opening statement David Dodge Senate Banking, Trade and Commerce Committee

  Things have changed somewhat since then. While global economic growth is expected to be a little higher than anticipated last spring, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 25, 2006

  The Global Economic Landscape and the Implications for Ontario

  Remarks David Dodge 2006 Ontario Economic Leadership Summit Niagara-on-the-Lake, Ontario

  How can we develop human capital to its fullest potential, and retain that capital? How can we foster research, innovation, and commercialization in this province? How can we improve Ontario's competitiveness in the global marketplace?

  Content Type(s): Press, Speeches and appearances, Remarks
• October 19, 2006

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  The Bank of Canada today released the October Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases
• October 19, 2006

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement David Dodge House of Commons Standing Committee on Finance

  In our latest Monetary Policy Report, which we released this morning, we judge that the Canadian economy is currently operating just above capacity. While global economic growth is expected to be a little higher than previously anticipated, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 19, 2006

  Release of the Monetary Policy Report

  Opening statement David Dodge

  The Canadian economy is judged to be operating just above its production capacity. While global economic growth is expected to be a little higher than previously anticipated, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 17, 2006

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

  Content Type(s): Press, Press releases
• September 13, 2006

  Weathering Economic Shocks: The Importance of Flexibility

  Remarks Paul Jenkins Vancouver Board of Trade Vancouver, British Columbia

  First, I should explain what I mean by flexibility. As most of you are surely aware, the Bank of Canada has been openly discussing the importance of promoting policies that support economic efficiency, including financial system efficiency. Efficiency refers to the allocation of scarce economic resources to the most productive uses, in a cost-effective way.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 7, 2006

  Net Position Reports - Formal Recommendation from the Bank of Canada

  The Bank of Canada announced today that it has sent the following letter to the Investment Dealers Association of Canada.

  Content Type(s): Press, Market notices
• September 6, 2006

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

  Content Type(s): Press, Press releases