Speeches

• March 13, 2008

  Addressing Financial Market Turbulence

  Remarks Mark Carney Toronto Board of Trade Toronto, Ontario

  Since last summer, many of us here today have been preoccupied with the ongoing dislocations in financial markets. What began in securities linked to U.S. subprime mortgages has spread to a broad range of structured assets, conventional credit markets, and, to a lesser extent, equities.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 12, 2008

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

  Opening statement Paul Jenkins Standing Senate Committee on Banking, Trade and Commerce

  Let me start by saying that the issue of internal trade barriers is critically important, and I'm very pleased, Mr. Chairman, that your committee is examining it. We have reviewed previous submissions to this committee, and you will see that our focus will be slightly different.

  Content Type(s): Press, Speeches and appearances, Opening statements
• February 18, 2008

  The Implications of Globalization for the Economy and Public Policy

  Remarks Mark Carney British Columbia Chamber of Commerce and the Business Council of British Columbia Vancouver, British Columbia

  I chose to speak about globalization at the outset of my tenure because it will continue to be one of the forces shaping our economy and economic policy for years to come. Steady advances in transportation, communication, and information technologies, underpinned by the more widespread adoption of free-market economic policies, are shrinking the globe and expanding the global economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 30, 2008

  Opening Statement before the House of Commons Standing Committee on Industry, Science and Technology

  Opening statement Paul Jenkins House of Commons Standing Committee on Industry, Science and Technology

  To begin, as a little background I would like to quickly review the framework within which we conduct Canada's monetary policy. The Bank of Canada Act calls on us to mitigate "fluctuations in the general level of production, trade, prices and employment, so far as may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of Canada."

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 24, 2008

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  The Canadian economy continues to operate above its production capacity, despite some slowing in growth and inflation in the fourth quarter of 2007. Financial conditions have deteriorated since October, leading to tighter credit conditions in industrialized countries.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 8, 2008

  Transparency: The More, The Better?

  Remarks Sheryl Kennedy Association des femmes en finance du Québec Montréal, Quebec

  Transparency is the cornerstone of a well-functioning financial system. It's an issue that has been getting a lot of attention, and deservedly so, as we consider what has gone wrong in the market for asset-backed commercial paper.

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