January 15, 2002
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January 5, 2002
Inflation Targeting in Canada: Experience and Lessons
Remarks
David Dodge
Central Bank Governor's Panel on Inflation Targeting at a joint session of The American Economic Association and the North American Economics and Finance Association
Atlanta, Georgia
In the 1970s and 1980s we found - in common with many other countries - that high and variable rates of inflation created a lot of economic damage. And it took a long time and a lot of work with various monetary policy frameworks before we got back on track.
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November 29, 2001
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
The Bank has a commitment to contribute to the economic well-being of Canadians. This means that we must conduct monetary policy so that it fosters sustained solid economic growth.
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November 27, 2001
Bank of Canada lowers key policy interest rate by 1/2 percentage point to 2 1/4 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate* by one-half of one percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/2 per cent.
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November 7, 2001
Bank of Canada releases semi-annual Monetary Policy Report
The Bank of Canada today released its semi-annual Monetary Policy Report in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.
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