Speeches

• May 9, 2002

  Canadian Consul General's residence

  Remarks David Dodge Luncheon at the Canadian Consul General's residence Chicago, Illinois

  In Canada, the economic weakness that we experienced was really concentrated in the third quarter of last year, particularly in September. The terrorist attacks in September created a great deal of uncertainty, and so the Bank of Canada, like the U.S. Federal Reserve, provided an extraordinary amount of stimulus by aggressively lowering interest rates.

  Content Type(s): Press, Speeches and appearances, Remarks
• April 30, 2002

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

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

  To counter that uncertainty and bolster consumer and business confidence, the Bank of Canada moved aggressively to provide monetary stimulus. Between last September and January 2002, we lowered interest rates by 200 basis points, bringing the total reduction since January 2001 to 375 basis points.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 26, 2002

  The Interaction Between Monetary and Fiscal Policies

  Lecture David Dodge School of Policy Studies Queen's University Kingston, Ontario

  Donald Gow had a great interest in public administration and in budgetary reform in the federal government.1 He was one in a long line of Queen's professors who have focused on various budgetary matters at the federal level.

  Content Type(s): Press, Speeches and appearances, Lectures
• April 24, 2002

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement David Dodge

  To counter that uncertainty and bolster consumer and business confidence, the Bank of Canada moved aggressively to provide monetary stimulus. Between last September and January 2002, we lowered interest rates by 200 basis points, bringing the total reduction since January 2001 to 375 basis points.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 24, 2002

  Release of the Monetary Policy Report

  Opening statement David Dodge

  The level of production in the Canadian economy should return to full capacity in the second half of 2003. We also said that inflation should be at the Bank's 2 per cent target by about the end of next year.

  Content Type(s): Press, Speeches and appearances, Opening statements
• March 26, 2002

  The Conduct of Monetary Policy in the Presence of Economic Shocks

  Remarks David Dodge National Association for Business Economics Washington, D.C.

  Globalization - the trend towards greater economic integration around the world - has brought important benefits to us all. It has boosted world trade, opened up access to sources of global finance, and facilitated the diffusion of far-reaching technological advances in transportation, communications, and information processing.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 12, 2002

  Monetary Policy Choices: The Canadian Experience

  Remarks David Dodge Chambre de Commerce France-Canada and Les Canadiens en Europe (France) Paris, France

  Over the years, both Canada and France have had to make decisions about the framework guiding monetary policy. The authorities in the two countries have made choices that reflect the differences in our economies.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 20, 2002

  Canada's Experience with Inflation Targets and a Flexible Exchange Rate: Lessons Learned

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

  The Canadian economy has undergone a dramatic transformation over the past decade. And it has emerged as a low-inflation economy, with declining levels of public and foreign debt and a private sector that is more cost-conscious, productive, and efficient, thanks to restructuring and investments in new technology.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 31, 2002

  Bank of Canada's outlook for the Canadian economy

  Remarks David Dodge Meeting in New York with Canadian banks and the investment community

  The immediate impact and the fallout from last September's events introduced new layers of uncertainty into the economic picture, compounding the effects of a deepening global economic slowdown that had become more evident during the summer.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 29, 2002

  Inflation Targeting During a Difficult Year

  Remarks David Dodge Saskatoon and District Chamber of Commerce Saskatoon, Saskatchewan

  One of the main benefits of the targets is that they help the economy to run more smoothly when there are surprises in the level of demand for Canadian goods and services.

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