June 9, 2005
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June 2, 2005
Monetary Policy and the Exchange Rate in Canada
Canada's experience is interesting and potentially insightful for two important reasons. First, Canada has more experience with a flexible exchange rate than almost any other country.
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May 30, 2005
Reflections on the International Economic and Monetary Order
Up to now, world capital markets have been managing these imbalances in a reasonably smooth way. In the short term, it is reasonable to expect that they will continue to do so. But over the medium term, imbalances of this magnitude are not sustainable.
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May 30, 2005
Governor Dodge Examines How Countries Can Help Resolve Global Imbalances
Mr. Dodge cited the promotion of flexible markets, the creation and maintenance of a sound financial system, and the pursuit of sound fiscal and monetary policies as priorities for policy-makers worldwide.
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May 27, 2005
70 Years of Central Banking in Canada
The Bank opened its doors on 11 March 1935, at the height of the Great Depression, and immediately faced enormous challenges. In meeting those challenges, the new Bank of Canada drew on the experience of other, established central banks. It received valuable guidance in functions such as the issuance of bank notes, managing foreign exchange reserves, and promoting financial stability.
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