October 25, 2005
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October 25, 2005
Opening Statement before the House of Commons Standing Committee on Finance
Past and recent movements in energy prices and in the exchange rate for the Canadian dollar, along with competitive pressures from China and other newly industrialized economies, are giving rise to significant ongoing adjustments in the Canadian economy. Given these adjustments and the slow growth of productivity in recent years, the Bank has slightly reduced its estimate of potential output growth for 2005 and 2006.
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Opening statements
October 24, 2005
Bank of Canada Statement on the Nomination of Dr. Ben S. Bernanke as Chairman of the Federal Reserve Board of the United States
The Bank of Canada has been honoured to work with Chairman Alan Greenspan for the past 18 years, and we wish him every success in his future endeavours.
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October 20, 2005
Bank of Canada releases Monetary Policy Report
The Bank of Canada today released its October Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.
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October 20, 2005
Release of the Monetary Policy Report
Opening statement
David Dodge
In the report, we said that the global and Canadian economies have continued to grow at a solid pace, and our economy now appears to be operating at full production capacity. Past and recent movements in energy prices and in the exchange rate for the Canadian dollar, along with competitive pressures from China and other newly industrialized economies, are giving rise to significant ongoing adjustments in the Canadian economy.
Content Type(s):
Press,
Speeches and appearances,
Opening statements