Speeches

• October 23, 2003

  Opening Statement before the Senate Banking, Trade and Commerce Committee

  Opening statement David Dodge Senate Banking, Trade and Commerce Committee

  The last time that I appeared before this committee was after the release of our April Report. Since then, our economy has been hit by a number of unusual shocks. Because of these shocks and other factors, growth has been weaker than expected. We now estimate that there is more slack in the economy than we had projected in April.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 22, 2003

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Since our April Report, the Canadian economy has been hit by a number of unusual shocks: SARS, BSE, the Ontario electricity blackout, and the severe forest fires in British Columbia. Inflation has also fallen faster and further than expected.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 22, 2003

  Opening Statement before the House of Commons Finance Committee

  Opening statement David Dodge House of Commons Finance Committee

  The last time that Paul and I appeared before this committee was after the release of our April Report. At that time, inflation was well above its 2 per cent target, and short-term inflation expectations had edged up. Although inflation was being pushed up by special factors, there were also signs that strong domestic demand was working to broaden pressures on prices.

  Content Type(s): Press, Speeches and appearances, Opening statements
• September 10, 2003

  Fostering Confidence

  Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia

  It's great to be back in Vancouver and to renew acquaintances at the Board of Trade. I'm going to spend some time today discussing the Bank of Canada's outlook for the Canadian economy and inflation, and how we are responding. But in order to understand the current economic situation, we need to look at some of the extraordinary events of the past year or so and how those events have affected the economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 5, 2003

  Spruce Meadows Roundtable

  Remarks David Dodge Spruce Meadows Roundtable Spruce Meadows, Alberta

  Canada's reliance on foreign trade has required us to be active internationalists for decades. Louis Rasminsky, who went on to become Governor of the Bank of Canada, was one of Canada's delegates at the Bretton Woods Conference that led to the creation of the International Monetary Fund (IMF) and the World Bank. Rasminsky played an important role, formal and informal, at the talks.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 7, 2003

  Economic Integration in North America

  Remarks David Dodge Couchiching Institute on Public Affairs Geneva Park, Ontario

  For more than 70 years now, the Couchiching Institute on Public Affairs has been bringing Canadians together with the purpose of asking some thought-provoking questions and encouraging lively, stimulating debates and action on a variety of key public policy issues.

  Content Type(s): Press, Speeches and appearances, Remarks
• July 17, 2003

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  Today, we released our Update to the April Monetary Policy Report. The Update reviews economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• June 18, 2003

  Recent Economic Developments and the Conduct of Monetary Policy

  Remarks David Dodge Metropolitan Halifax Chamber of Commerce Halifax, Nova Scotia

  It's been a year since I last spoke in Halifax, and a lot has changed since then. We've witnessed some extraordinary events, both in Canada and around the world. On the whole, Canada's economy has withstood the turmoil quite well. The impact of some more recent events is not yet clear.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 12, 2003

  Recent Economic Developments and the Conduct of Monetary Policy

  Remarks David Dodge Conseil du patronat du Québec Montréal, Quebec

  I want to talk to you about the Canadian economy - how it has evolved over the past few months and what are the prospects ahead. In doing so, I will review the economic forecast from our latest Monetary Policy Report, which we published in April. Then I will talk about what has changed since that time.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 11, 2003

  It All Starts with the Data

  Remarks David Dodge Conference of European Statisticians Geneva, Switzerland

  Our statistical needs are fundamentally shaped by what we are expected to do under our mandate. The primary goal of most central banks today is to conduct monetary policy so as to achieve and maintain price stability. Low, stable, and predictable inflation is the means to our ultimate objective of solid economic performance over time.

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