Remarks

• December 10, 2007

  Reflections on Developments in the Canadian Financial System

  Remarks David Dodge Canadian Club of Toronto and the Empire Club of Canada Toronto, Ontario

  It has become a tradition that I deliver a speech late in the year on issues related to the financial system. When I say "financial system," I mean financial institutions and markets, together with the clearing and settlement systems through which financial assets flow.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 20, 2007

  Managing Risks to Financial System Stability

  Remarks Pierre Duguay CFA Québec Québec, Québec

  The recent dislocations in credit markets have brought these issues into sharp focus. Among other things, the market turbulence has highlighted the critical role that confidence and liquidity play in financial markets.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 6, 2007

  North America in Today's Global Economic Setting

  Remarks Paul Jenkins Canadian Association of New York New York, New York

  In recent months, much has been said, and written, about developments in financial markets. The turbulence in global credit markets, which had its roots in developments in the market for subprime mortgages here in the United States, has been a focal point of attention for market participants and policy-makers around the world.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 21, 2007

  Credit Market Turbulence and Policy Challenges Ahead

  Remarks David Dodge Institute of International Finance Washington, D.C.

  Given the Institute's membership and its focus on financial stability, I feel safe in saying that all of us here today watched this summer's turbulence in credit markets with interest, to put it mildly. What began in the spring as a repricing of credit risk turned into dislocations that have yet to fully run their course.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 3, 2007

  Liquidity, Liquidity, Liquidity

  Remarks David Longworth Investment Industry Association of Canada Toronto, Ontario

  Sound financial investment is important to individuals, to firms, and to society as a whole. By definition, investment is forward looking, and thus our future financial well-being is shaped by the soundness of the investment decisions we make today.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 25, 2007

  Turbulence in Credit Markets: Causes, Effects, and Lessons To Be Learned

  Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia

  The turbulence in financial markets did not come about against a backdrop of economic weakness. Indeed, over the past number of years, the global economy has shown remarkable strength. We were also seeing encouraging signs of growth being spread more evenly.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 12, 2007

  A Clear Case for Transparency

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

  We have seen a remarkable continuation of robust global growth, fuelled by increases in international trade and facilitated by the continuing evolution and expansion of capital markets. Domestic demand began to grow more strongly in Europe and Asia and to slow in the United States, and this began to ease some of the concerns related to global imbalances that I spoke about during my last visit.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 27, 2007

  The Bank of Canada's Research Agenda and the Future of Inflation Targeting

  Remarks Pierre Duguay Canadian Association for Business Economics Kingston, Ontario

  The last few weeks have been a time of turbulence in financial markets. In times such as these, it is common for people to focus on day-by-day or even hour-by-hour events, and to lose sight of the future. But tonight, I want to focus on the future; specifically, the future of inflation targeting in Canada.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 21, 2007

  Global Integration, Monetary Policy, and the International Monetary System

  Remarks Tiff Macklem Winnipeg CFA Society Winnipeg, Manitoba

  Now, Manitoba – right in the middle of our vast country – might seem an odd place to talk about globalization. But this province, like the rest of Canada, is very much affected by global economic forces.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 13, 2007

  Demographics, Labour Input, and Economic Potential: Implications for Monetary Policy

  Remarks David Dodge St. John's Board of Trade St. John's, Newfoundland and Labrador

  Over the years, we at the Bank of Canada have learned that the best contribution that monetary policy can make to the economic welfare of Canadians is to keep inflation low, stable, and predictable. We try to keep the annual increase in consumer price inflation at 2 per cent, which is the middle of a 1 to 3 per cent inflation-control range.

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