Speeches

• April 20, 2005

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

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

  Last Thursday, we released our April Monetary Policy Report. In the report, we said that the global economy has been unfolding largely as expected, and the outlook for the Canadian economy is essentially unchanged from that in January's Monetary Policy Report Update.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 19, 2005

  Opening Statement before the House of Commons Finance Committee

  Opening statement David Dodge House of Commons Finance Committee

  Last Thursday, we released our April Monetary Policy Report. In the report, we said that the global economy has been unfolding largely as expected, and the outlook for the Canadian economy is essentially unchanged from that in January's Monetary Policy Report Update.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 15, 2005

  How Canada is Adjusting to Global Economic Forces

  Remarks David Dodge Canadian Association of New York New York, New York

  The Bank of Canada has been examining the issue of how the Canadian economy adjusts movements in the exchange rate for a long time. Canada's economy is very open, so we always need to understand how exchange rate movements are affecting real economic activity and, in turn, what the implications are for monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks
• April 14, 2005

  Release of the Monetary Policy Report

  Opening statement David Dodge

  The Bank expects Canada's economy to grow by about 2 1/2 per cent in 2005 and 3 1/4 per cent in 2006, with growth this year and next coming primarily from strength in domestic demand. To continue to support aggregate demand, we decided to leave the target for the overnight rate unchanged at 2.5 per cent on 12 April.

  Content Type(s): Press, Speeches and appearances, Opening statements