Speeches

• June 29, 2006

  What Monetary Policy Can and Cannot Do

  Remarks Paul Jenkins Canadian Institute of Actuaries Ottawa, Ontario

  As Canada's central bank, we are committed to conduct monetary policy in a way that fosters confidence in the value of money. This is our primary responsibility. But the Bank has a number of other functions that are very important to economic life in Canada. We promote the safety and soundness of the financial system.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 21, 2006

  Global Economic Forces and the Need for Adjustment

  Remarks David Dodge Chambre de commerce du Montréal métropolitain and the Fédération des chambres de commerce du Québec Montréal, Quebec

  Since the start of the millennium, developments in the global economy have led to important changes throughout the Canadian economy and to serious challenges for many sectors and regions. Because nobody can anticipate precisely how the world will unfold, the best we can do is to ensure that our economy is as flexible as possible.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 8, 2006

  Floating Dollar, Anchored Inflation: The Role of the Exchange Rate in Canada's Monetary Policy Framework

  Remarks Tiff Macklem Lunenburg Board of Trade Lunenburg, Nova Scotia

  The two key components of the Bank's monetary policy framework are an "anchor," the inflation target, and a "float," the flexible exchange rate. Living by the ocean, you know better than I that a good mooring is one that keeps a boat in place, yet allows some give and take for the wind and the tide.

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