Speeches

• May 2, 2007

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement David Dodge Standing Senate Committee on Banking, Trade and Commerce

  In our latest Monetary Policy Report, which we released last Thursday, we noted that Canada's economic growth did indeed slow, but recently, inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year.

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 1, 2007

  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 last Thursday, we noted that Canada's economic growth did indeed slow, but recently, inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 26, 2007

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Growth of the Canadian economy has been essentially in line with the Bank's expectations as set out in the January Monetary Policy Report Update. But inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 12, 2007

  Dealing with Uncertainty in the Conduct of Monetary Policy

  Remarks Sheryl Kennedy Montréal CFA Society Montréal, Quebec

  The main goal of monetary policy is to help the country achieve strong, sustainable economic performance, and, in doing so, to contribute to rising living standards for Canadians. Experience has shown that the best way for a central bank to meet this goal, given the instruments at its disposal, is by keeping inflation low and stable. Low and stable inflation increases confidence in the future value of money, and allows for clear price signals.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 29, 2007

  Promoting Sound Economic Policies Globally and Locally

  Remarks David Dodge Americas Society and the Council of the Americas New York, New York

  In my opinion, much of this performance can be credited to the increasingly widespread acceptance of the need for a liberalized worldwide financial and trade order. Many countries that once closed themselves to the outside world are now actively engaged in the global economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 22, 2007

  Promoting Economic Flexibility: A Shared Responsibility

  Presentation Paul Jenkins The Economist Business Roundtable with the Government of Canada

  These remarks are based on a to the Vancouver Board of Trade, 13 September 2006.

  Content Type(s): Press, Speeches and appearances, Presentations
• March 8, 2007

  Meeting Global Economic Challenges: The Need for Flexibility

  Remarks David Dodge Calgary Chamber of Commerce Calgary, Alberta

  Our primary objective at the Bank is to promote the economic and financial welfare of Canadians. Over the years, we have learned that the best contribution that monetary policy can make in this regard is to give Canadians confidence in the future value of their money. We do this by keeping inflation low, stable, and predictable.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 22, 2007

  Adjusting to Economic Change

  Remarks Sheryl Kennedy Greater Saskatoon Chamber of Commerce Saskatoon, Saskatchewan

  The past five years have indeed been a period of great and relatively rapid economic change, both here in Saskatchewan and across the country. In my remarks today, I'd like to describe this change and discuss its significance to our economic well-being.

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

  Standing Senate Committee on National Finance

  Remarks Paul Jenkins Standing Senate Committee on National Finance Ottawa, Ontario

  The preamble of this bill addresses some very important issues: the need for Canadians to trust in the management of the public purse, and the importance of openness and accountability. I can assure you that the Bank of Canada takes these issues very seriously.

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

  Promoting Stability, Confidence and Well-being

  Remarks David Longworth Greater Kitchener Waterloo Chamber of Commerce Waterloo, Ontario

  The strengths of the twin cities - in research, advanced manufacturing, and information technology, among other sectors - are well known. Less well known, perhaps, is the region's success in responding effectively to changes in the world economy.

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