July 11, 2006
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent.
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June 29, 2006
What Monetary Policy Can and Cannot Do
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.
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June 28, 2006
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Professor Steve Ambler to the position of Special Adviser for the year 2006-07.
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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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June 21, 2006
Governor Dodge Says Canadian Businesses Are Making Needed Adjustments
Powerful developments and trends in the global economy mean that Canadian businesses need to make adjustments, Bank of Canada Governor David Dodge said today.
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