June 22, 2007
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June 21, 2007
Global Integration, Monetary Policy, and the International Monetary System
Now, Manitoba – right in the middle of our vast country – might seem an odd place to talk about globalization. But this province, like the rest of Canada, is very much affected by global economic forces.
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June 19, 2007
Today, along with the release of the consumer price index (CPI) for May 2007, Statistics Canada converted the official time base reference period for the CPI (the period for which the value 100 is assigned to the index) from 1992 to 2002 . This conversion was previously announced on 23 January 2007.
Change to the Official Time Base Reference Period for the Canadian Consumer Price Index: Implications for Government of Canada Real Return Bonds
Content Type(s):
Press,
Market notices
June 13, 2007
Demographics, Labour Input, and Economic Potential: Implications for Monetary Policy
Over the years, we at the Bank of Canada have learned that the best contribution that monetary policy can make to the economic welfare of Canadians is to keep inflation low, stable, and predictable. We try to keep the annual increase in consumer price inflation at 2 per cent, which is the middle of a 1 to 3 per cent inflation-control range.
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June 13, 2007
Governor Dodge Discusses the Implications of Demographics on Monetary Policy
Demographic trends and the effect of Canada's aging population have begun to have an impact on the Canadian monetary policy, Bank of Canada Governor David Dodge said today.
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May 29, 2007
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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Press releases
May 21, 2007
Making Global Economic Institutions Work – What the World Needs Now
For 85 years, the Council has promoted the idea that the United States should take a leading role in addressing global challenges. And it has done so consistently through the years, even during times when isolationism was more fashionable.
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May 21, 2007
Governor Dodge Says Leadership Needed to Strengthen International Institutions
The global economy could run more smoothly if G-7 countries showed the leadership that would strengthen international financial institutions, Bank of Canada Governor David Dodge said today.
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Press releases
May 17, 2007
The Bank of Canada has released The Bank of Canada's Target for the Overnight Interest Rate: Policy Implementation Framework. This document outlines the framework within which the Bank implements monetary policy, including the target for the overnight interest rate, the operating band, open market buyback operations, and settlement balances.
The Bank of Canada's Target for the Overnight Interest Rate: Policy Implementation Framework
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Market notices
May 15, 2007
Government Borrowers Forum
We are all interested in seeing the continued development of international capital markets, as part of the advancement of a market-based, liberalized trade and financial regime. Let's remember that an open, market-based economic system is increasingly vital, in a world where change is driven by the development of new technologies and modes of competition; and where adjustments are occurring all the time.
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