December 10, 2007
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December 10, 2007
Governor Dodge Says Transparency Essential for Financial Market Efficiency
Recent market events have shown how important it is to have appropriate levels of transparency and disclosure of information for financial markets to function well, Bank of Canada Governor David Dodge said today.
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December 6, 2007
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
In Canada, we were looking for weaker economic growth in the fourth quarter of this year and the first half of 2008, but some strengthening thereafter. As you can see from Table 2, we were expecting continued strong final domestic demand throughout the projection period, but considerably weaker net exports.
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December 5, 2007
Opening Statement before the House of Commons Standing Committee on Finance
Over time, it has become clear that the best contribution monetary policy can make to the promotion of the economic and financial welfare of Canada is to keep inflation low, stable, and predictable.
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December 4, 2007
Bank of Canada lowers overnight rate target by 1/4 percentage point to 4 1/4 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 4 1/4 per cent.
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