Remarks

• June 9, 2005

  How the Canadian Economy Is Adjusting to Global Forces

  Remarks David Dodge Canadian Chamber of Commerce in Japan Tokyo, Japan

  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.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 2, 2005

  Monetary Policy and the Exchange Rate in Canada

  Remarks David Dodge Canada China Business Council Beijing, China

  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.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 30, 2005

  Reflections on the International Economic and Monetary Order

  Remarks David Dodge la Conférence de Montréal Montréal, Quebec

  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.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 27, 2005

  70 Years of Central Banking in Canada

  Remarks David Dodge Canadian Economics Association Hamilton, Ontario

  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.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 6, 2005

  The Canadian Economy: Adjusting to Global Economic Forces

  Remarks David Dodge Ottawa Chamber of Commerce Ottawa, Ontario

  The year 2005 marks the 150th anniversary of the establishment of Ottawa as a city. On 1 January 1855, the logging community of Bytown was formally incorporated as a city and adopted Ottawa as its new name.

  Content Type(s): Press, Speeches and appearances, Remarks
• April 15, 2005

  How Canada is Adjusting to Global Economic Forces

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

  The Bank of Canada has been examining the issue of how the Canadian economy adjusts movements in the exchange rate for a long time. Canada's economy is very open, so we always need to understand how exchange rate movements are affecting real economic activity and, in turn, what the implications are for monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 30, 2005

  Canada's Competitiveness: The Importance of Investing in Skills

  Remarks David Dodge Humber College Institute of Technology & Advanced Learning Toronto, Ontario

  Productivity plays a critical role when it comes to our national standard of living. Productivity growth is the main element that contributes to continued improvements in real incomes and overall prosperity. Rising productivity lets businesses pay higher wages, while keeping costs down, employment high, and profits coming in. That's why economists like me spend a lot of time thinking about ways to improve the productivity of our economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 21, 2005

  Inflation Targeting: A Canadian Perspective

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

  The invitation is timely, given that the Bank of Canada's inflation-targeting agreement with the Canadian government is up for renewal next year. At the Bank, we are always reflecting on our framework, deciding what works well and what we can improve. Against that backdrop, we have watched with interest the debate taking place here in the United States - inside and outside the Federal Reserve - about whether that institution should join the ranks of inflation-targeting central banks.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 17, 2005

  Monetary Policy and Exchange Rate Movements

  Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia

  Every year, the Canadian Press surveys news directors and editors to select the top business story of the year. In 2004, they picked the rise of the Canadian dollar. That was not a surprising choice.

  Content Type(s): Press, Speeches and appearances, Remarks
• December 9, 2004

  Financial System Efficiency: A Canadian Imperative

  Remarks David Dodge Empire Club of Canada and the Canadian Club of Toronto Toronto, Ontario

  When I talk about the "financial system," I am referring to financial institutions and markets, the infrastructure, laws, and regulations that govern and support their operations, and the macroeconomic framework within which they operate. My message for you is that improving the efficiency of Canada's financial system is imperative.

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