March 8, 2007
Press
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March 8, 2007
Meeting Global Economic Challenges: The Need for Flexibility
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. -
March 6, 2007
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. -
March 1, 2007
Canadians need to strike back in fight against fraud
Canadians need to be more vigilant in the fight against fraud, senior law enforcement and government officials are warning. -
February 22, 2007
Adjusting to Economic Change
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. -
February 20, 2007
Standing Senate Committee on National Finance
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. -
February 15, 2007
Temporary measures to reinforce the target for the overnight rate
On 9 March 2006, the Bank of Canada announced temporary measures to reinforce its target for the overnight rate. Specifically, the Bank announced that it would reduce the target for settlement balances to zero and, on a temporary basis, no longer commit to neutralizing all of the Sale and Repurchase Agreements (SRAs) conducted. -
February 6, 2007
Promoting Stability, Confidence and Well-being
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. -
February 1, 2007
Opening Statement before the House of Commons Standing Committee on Finance
Our interest in income trusts relates to the efficient functioning and health of Canada's financial system. A safe and efficient financial system is essential to Canada's economic well-being. The Bank of Canada works with other government agencies, as well as market participants, to promote the safe and efficient functioning of the financial system. -
January 25, 2007
Dodge discusses monetary policy and the economy, calls for stronger IMF
"This simple paradigm is very helpful because monetary policy works better when it is understood," the Governor said.