Speeches

• October 23, 2002

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Today, we released our October Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 17, 2002

  The Search for Higher Productivity

  Remarks David Dodge Chambre de commerce de Québec Québec, Québec

  Given the extent of uncertainty in the world today, we are all naturally preoccupied with near-term issues and prospects. That's understandable. But, at the same time, it's critical that we look past the short-term to the longer-term trends and potential of our economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 5, 2002

  Dollarization and North American Integration

  Remarks David Dodge Chambre de commerce du Québec Sherbrooke, Quebec

  The question before us sounds straightforward: "Should Canada adopt the U.S. dollar?" But the issues are complicated. I will not pretend that I can cover all the nuances of this topic in my allotted time. So I am running the risk that I may oversimplify matters.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 18, 2002

  Canada's Economic Performance After an Eventful Year

  Remarks David Dodge University of British Columbia Vancouver, British Columbia

  Indeed, a strong research environment has long been a hallmark of the Bank. We also want to encourage research relevant to our business, especially with respect to monetary policy and financial system stability, at universities all across Canada.

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

  Macroeconomic Stabilization Policy in Canada

  Remarks David Dodge Symposium sponsored by the Federal Reserve Bank of Kansas City Jackson Hole, Wyoming

  What I propose to do on this panel today is to talk about stabilization policy and policy co-operation from the viewpoint of an industrial country that has a floating exchange rate and both an explicit inflation target for monetary policy and a clear objective for fiscal policy.

  Content Type(s): Press, Speeches and appearances, Remarks
• July 24, 2002

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

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

  Content Type(s): Press, Speeches and appearances, Opening statements
• June 11, 2002

  Trust, Transparency, and Financial Markets

  Remarks David Dodge Greater Halifax Partnership Halifax, Nova Scotia

  But first, I would like to address an important subject; that is, how to promote the efficient operation of Canada's financial markets. Rather than approaching this topic in a detailed, technical way, I want to speak about two qualities that are essential to their efficient operation: trust and transparency.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 24, 2002

  Convocation address

  Remarks David Dodge Graduating class of the Faculty of Engineering Queen's University Kingston, Ontario

  Queen's motto is Sapientia et Doctrina Stabilitas, which we generally translate as "Wisdom and knowledge shall be the strength of thy times." This motto is especially pertinent to you as engineers graduating today.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 14, 2002

  International Financial Architecture and the Resolution of Financial Crises

  Remarks David Dodge Canadian Club of Ottawa and the Canadian Institute of International Affairs Ottawa, Ontario

  The preamble to the Bank of Canada Act calls on us to promote the economic and financial welfare of Canada. In this context, we aim to foster good economic performance through monetary stability - that is to say, through low, stable, and predictable inflation. But no market economy can function properly unless it is also supported by an efficient and stable financial system.

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