April 14, 2005
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April 14, 2005
Release of the Monetary Policy Report
Opening statement
David Dodge
The Bank expects Canada's economy to grow by about 2 1/2 per cent in 2005 and 3 1/4 per cent in 2006, with growth this year and next coming primarily from strength in domestic demand. To continue to support aggregate demand, we decided to leave the target for the overnight rate unchanged at 2.5 per cent on 12 April.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
April 12, 2005
Bank of Canada keeps target for the overnight rate at 2 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent.
Content Type(s):
Press,
Press releases
March 30, 2005
Canada's Competitiveness: The Importance of Investing in Skills
Productivity plays a critical role when it comes to our national standard of living. Productivity growth is the main element that contributes to continued improvements in real incomes and overall prosperity. Rising productivity lets businesses pay higher wages, while keeping costs down, employment high, and profits coming in. That's why economists like me spend a lot of time thinking about ways to improve the productivity of our economy.
Content Type(s):
Press,
Speeches and appearances,
Remarks
March 21, 2005
In October and November 2004, officials from the Department of Finance and the Bank of Canada consulted with interested parties on issues related to the government's domestic debt program, and the review of the government's debt distribution framework.
Debt Strategy Consultations 2005/06 and the Review of the Debt Distribution Framework - Summary of Comments
Content Type(s):
Press,
Market notices
March 21, 2005
Governor Dodge Discusses Canada's Experience with Inflation Targeting
Bank of Canada Governor David Dodge said today that Canada's experience under inflation targeting has been "unambiguously positive" since the central bank and federal government agreed to adopt this monetary policy framework in 1991.
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Press,
Press releases
March 21, 2005
Inflation Targeting: A Canadian Perspective
The invitation is timely, given that the Bank of Canada's inflation-targeting agreement with the Canadian government is up for renewal next year. At the Bank, we are always reflecting on our framework, deciding what works well and what we can improve. Against that backdrop, we have watched with interest the debate taking place here in the United States - inside and outside the Federal Reserve - about whether that institution should join the ranks of inflation-targeting central banks.
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Press,
Speeches and appearances,
Remarks
March 2, 2005
Bank of Canada Announces Research Fellowship for 2005
The Bank of Canada today announced that Professor Paul Beaudry of the University of British Columbia is the recipient of the Bank's Research Fellowship for 2005.
Content Type(s):
Press,
Press releases
Source(s):
Fellowship Program
March 1, 2005
Bank of Canada keeps target for the overnight rate at 2 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent.
Content Type(s):
Press,
Press releases
February 18, 2005
Effective immediately, calls for tenders for cash management bills may be released on any day at either 10:00 a.m. or 4:00 p.m. The addition of a later time to the existing Auction Timetable will increase the ability of the government's cash managers to raise balances on short notice in response to unexpected developments.
Additional release time for calls for tenders for cash management bills
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Press,
Market notices