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June 15, 2005
Governor Dodge Discusses How Canada Is Adjusting to Change
Bank of Canada Governor David Dodge said today that Canadians are making the adjustments that will help our economy thrive in a changing global economic environment. -
June 15, 2005
Adjusting to Change
Change is the central theme of my remarks today. First, I will talk about some of the changes that have taken place at the Bank of Canada over its 70-year history. Then, I'll talk about some of the changes that are currently taking place in the global economy, as well as how we see our economy - across Canada and right here in Manitoba - adjusting to these changes. -
June 9, 2005
How the Canadian Economy Is Adjusting to Global Forces
Rapid growth in emerging-market economies is driving up demand for commodities, and that has pushed up world prices for oil and many non-energy commodities. Meanwhile, productivity improvements in some countries and a competitive world environment are lowering the prices for some consumer goods, communications services, and computer equipment. -
June 2, 2005
Monetary Policy and the Exchange Rate in Canada
Canada's experience is interesting and potentially insightful for two important reasons. First, Canada has more experience with a flexible exchange rate than almost any other country. -
May 30, 2005
Reflections on the International Economic and Monetary Order
Up to now, world capital markets have been managing these imbalances in a reasonably smooth way. In the short term, it is reasonable to expect that they will continue to do so. But over the medium term, imbalances of this magnitude are not sustainable. -
May 27, 2005
70 Years of Central Banking in Canada
The Bank opened its doors on 11 March 1935, at the height of the Great Depression, and immediately faced enormous challenges. In meeting those challenges, the new Bank of Canada drew on the experience of other, established central banks. It received valuable guidance in functions such as the issuance of bank notes, managing foreign exchange reserves, and promoting financial stability. -
May 25, 2005
Bank of Canada keeps target for the overnight rate at 2 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. -
May 19, 2005
Bank of Canada announces the publication of the first issue of the International Journal of Central Banking
The Bank of Canada, along with the other sponsoring organizations1 of the International Journal of Central Banking (IJCB), today announced the publication of the journal's first issue and the launch of a website, hosted by the Bank for International Settlements. -
May 18, 2005
Bank of Canada Issues Upgraded $10 Bank Note
The Bank of Canada today put into circulation an upgraded $10 bank note with enhanced security features. The design, colour, and theme (Remembrance and Peacekeeping) of the upgraded $10 note are the same as those of the previously issued $10 note from the Canadian Journey series.