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June 29, 2006

What Monetary Policy Can and Cannot Do

Remarks Paul Jenkins Canadian Institute of Actuaries Ottawa, Ontario
As Canada's central bank, we are committed to conduct monetary policy in a way that fosters confidence in the value of money. This is our primary responsibility. But the Bank has a number of other functions that are very important to economic life in Canada. We promote the safety and soundness of the financial system.
June 21, 2006

Global Economic Forces and the Need for Adjustment

Remarks David Dodge Chambre de commerce du Montréal métropolitain and the Fédération des chambres de commerce du Québec Montréal, Quebec
Since the start of the millennium, developments in the global economy have led to important changes throughout the Canadian economy and to serious challenges for many sectors and regions. Because nobody can anticipate precisely how the world will unfold, the best we can do is to ensure that our economy is as flexible as possible.
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