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October 19, 2006

Opening Statement before the House of Commons Standing Committee on Finance

Opening statement David Dodge House of Commons Standing Committee on Finance
In our latest Monetary Policy Report, which we released this morning, we judge that the Canadian economy is currently operating just above capacity. While global economic growth is expected to be a little higher than previously anticipated, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth.
September 13, 2006

Weathering Economic Shocks: The Importance of Flexibility

Remarks Paul Jenkins Vancouver Board of Trade Vancouver, British Columbia
First, I should explain what I mean by flexibility. As most of you are surely aware, the Bank of Canada has been openly discussing the importance of promoting policies that support economic efficiency, including financial system efficiency. Efficiency refers to the allocation of scarce economic resources to the most productive uses, in a cost-effective way.
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