September 25, 2007
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September 25, 2007
Turbulence in Credit Markets: Causes, Effects, and Lessons To Be Learned
The turbulence in financial markets did not come about against a backdrop of economic weakness. Indeed, over the past number of years, the global economy has shown remarkable strength. We were also seeing encouraging signs of growth being spread more evenly.
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September 12, 2007
Governor Dodge Discusses the Importance of Transparency in Financial Markets
One of the clearest lessons to emerge from the recent financial market dislocation is the critical importance of transparency if debt markets are to function properly, Bank of Canada Governor David Dodge said today in a speech to the Canada-U.K. Chamber of Commerce.
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September 12, 2007
A Clear Case for Transparency
We have seen a remarkable continuation of robust global growth, fuelled by increases in international trade and facilitated by the continuing evolution and expansion of capital markets. Domestic demand began to grow more strongly in Europe and Asia and to slow in the United States, and this began to ease some of the concerns related to global imbalances that I spoke about during my last visit.
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September 10, 2007
New initiative to involve Canadian high school students in the fight against bank note counterfeiting crimes
The Bank of Canada, the Durham District School Board, the Royal Canadian Mounted Police, the Ontario Provincial Police and the Sûreté du Québec are joining forces to promote the new Counterfeit Detection module, a free ready-to-teach kit available to high schools across the country.
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