December 11, 2006
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December 5, 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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Press releases
December 4, 2006
A consultation document relating to the preparation of debt strategy for the fiscal year 2007/08, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today.
Debt Strategy Consultations 2007/08 Views Sought on Issues Relating to the Government Domestic Borrowing Program
Content Type(s):
Press,
Market notices
November 27, 2006
Bank of Canada Releases Background Information on Renewal of the Inflation-Control Target
The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which describes Canada's experience with inflation targeting, reports on some key issues bearing on the framework for conducting monetary policy, and identifies issues warranting further research.
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November 23, 2006
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target
The primary objective of Canada's monetary policy is to enhance the well-being of Canadians by contributing to sustained economic growth, rising levels of employment and improved living standards.
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Press releases
November 15, 2006
Bank of Canada Issues Upgraded $5 Bank Note
The Bank of Canada today put into circulation a $5 note with upgraded security features in order to improve the security of Canadian bank notes.
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Press releases
November 8, 2006
The Canadian Economy and Financial Markets in Perspective
The hedge fund industry has been growing so quickly that meetings like this one are welcome—they provide a chance to step back and look at context and trends. And that's what I propose to do this morning. Specifically, I'd like to speak about volatility in both the real economy and in financial markets and discuss how it has been affected by monetary policy and financial innovation.
Content Type(s):
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Speeches and appearances,
Remarks
November 6, 2006
Prospering in Today's Global Economy: Challenges for Open Economies such as Australia and Canada
Remarks
David Dodge
Sydney Institute and the Canadian Australian Chamber of Commerce
Sydney, Australia
As major producers of commodities, both Canada and Australia rely heavily on international trade for our economic expansion, and we each rely extensively on global capital markets. So, what I would like to talk about first is how we see the global and Canadian economies unfolding and what we might expect to see in the future. Following that, I'll also talk about some of the policies that can best help countries like ours to deal with the challenges of today's global economy, looking at this from both a domestic and an international perspective.
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Speeches and appearances,
Remarks
October 25, 2006
Governor Dodge Looks at the Global Economy and the Implications for Ontario
In a speech by video conference to the Ontario Economic Leadership Summit in Niagara-on-the-Lake, Governor Dodge reviewed the Bank's projections contained in the Monetary Policy Report, published last week.
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Press releases
October 25, 2006
Opening Statement before the Senate Banking, Trade and Commerce Committee
Things have changed somewhat since then. While global economic growth is expected to be a little higher than anticipated last spring, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth.
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Opening statements