News

• April 30, 2003

  Opening Statement before the Senate Banking, Trade and Commerce Committee

  Opening statement David Dodge Senate Banking, Trade and Commerce Committee

  The last time I testified before this committee was in the spring of 2002, because we were unable to arrange our regular meeting last fall. You will recall that following the 11 September 2001 terrorist attacks in the United States, we quickly and aggressively cut our policy interest rate to shore up confidence and support domestic demand. By last spring, evidence had already started to build that demand was growing faster than the economy's production capacity.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 29, 2003

  Bank of Canada announces Deputy Governor appointments

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of David Longworth and Mark Carney as Deputy Governors of the Bank.

  Content Type(s): Press, Press releases
• April 29, 2003

  Opening Statement before the House of Commons Finance Committee

  Opening statement David Dodge House of Commons Finance Committee

  Last week, we released our spring Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy. I last testified before this committee in October, following the release of our autumn Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 23, 2003

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Since our October 2002 Monetary Policy Report, both core and total CPI inflation have been well above the 2 per cent inflation target. In this environment, inflation expectations have edged up.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 23, 2003

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  Since the October 2002 Monetary Policy Report, both core and total CPI inflation have been well above the 2 per cent inflation target.

  Content Type(s): Press, Press releases
• April 15, 2003

  Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/4 per cent.

  Content Type(s): Press, Press releases
• April 9, 2003

  Bank of Canada announces appointment of Paul Jenkins as Senior Deputy Governor

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced that, pursuant to Section 6 of the Bank of Canada Act, Paul Jenkins has been appointed Senior Deputy Governor of the Bank for a seven-year term.

  Content Type(s): Press, Press releases
• April 7, 2003

  Focusing on the Long Term

  Remarks David Dodge Canadian Council of Chief Executives Washington, D.C.

  It has not been an easy year. All of you have been running companies and making decisions under very uncertain conditions. You have had to deal with corporate and accounting issues. Markets have been volatile. And geopolitical events have shaken confidence.

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