News

• January 25, 2007

  Dodge discusses monetary policy and the economy, calls for stronger IMF

  Media Relations Toronto, Ontario

  "This simple paradigm is very helpful because monetary policy works better when it is understood," the Governor said.

  Content Type(s): Press, Press releases
• January 25, 2007

  Monetary Policy and Developments in the Global and Canadian Economies

  Remarks David Dodge Canadian Netherlands Business and Professional Association, and the European Union Chamber of Commerce in Toronto Toronto, Ontario

  The Bank of Canada has been around for over 70 years. Throughout this period, the Bank has had one over-arching mandate: 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.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 18, 2007

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  he Bank of Canada today released the January update to the 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
• January 18, 2007

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  The Canadian economy is judged to have been operating at, or just above, its production capacity at the end of 2006, following weaker-than-expected growth in the second half of last year. This slowdown stemmed from reduced demand for Canadian exports - related to weakness in the U.S. automotive and housing sectors - and from the need for Canadian businesses to adjust inventories.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 16, 2007

  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