June 18, 2003
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June 18, 2003
Recent Economic Developments and the Conduct of Monetary Policy
It's been a year since I last spoke in Halifax, and a lot has changed since then. We've witnessed some extraordinary events, both in Canada and around the world. On the whole, Canada's economy has withstood the turmoil quite well. The impact of some more recent events is not yet clear.
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Remarks
June 12, 2003
Governor Reviews Recent Economic Developments
Bank of Canada Governor David Dodge reviewed some of the developments that are influencing both demand and prices for Canadian goods and services in a speech today to the Conseil du patronat du Québec.
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Press releases
June 12, 2003
Recent Economic Developments and the Conduct of Monetary Policy
I want to talk to you about the Canadian economy - how it has evolved over the past few months and what are the prospects ahead. In doing so, I will review the economic forecast from our latest Monetary Policy Report, which we published in April. Then I will talk about what has changed since that time.
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Speeches and appearances,
Remarks
June 11, 2003
It All Starts with the Data
Our statistical needs are fundamentally shaped by what we are expected to do under our mandate. The primary goal of most central banks today is to conduct monetary policy so as to achieve and maintain price stability. Low, stable, and predictable inflation is the means to our ultimate objective of solid economic performance over time.
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Speeches and appearances,
Remarks
June 5, 2003
How Sound Economic Policies Help During Uncertain Times
It is an honour and a privilege to address the German-Canadian Business Club of Berlin-Brandenburg at its inaugural meeting. Groups such as this one serve many important purposes, not the least of which is the development of trading links that help to strengthen the economies of both our countries.
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Speeches and appearances,
Remarks
June 3, 2003
Bank of Canada keeps target for the overnight rate at 3 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 1/4 per cent.
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Press,
Press releases
May 13, 2003
Policies to Sustain Growth Domestically and Internationally
I have been looking forward to coming to Amsterdam since Governor Wellink extended the invitation last year. I must say that when you consider what has been happening in the world economy, it is certainly an interesting time to be a Canadian at international meetings such as the BIS meeting I attended yesterday.
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Press,
Speeches and appearances,
Remarks
May 1, 2003
Effective 15 May 2003 the following changes will be made to the Bank of Canada Commodity Price Index (BCPI).
Changes to the Bank of Canada Commodity Price Index (BCPI)
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Press,
Announcements
April 30, 2003
Opening Statement before the Senate Banking, Trade and Commerce Committee
The last time I testified before this committee was in the spring of 2002, because we were unable to arrange our regular meeting last fall. You will recall that following the 11 September 2001 terrorist attacks in the United States, we quickly and aggressively cut our policy interest rate to shore up confidence and support domestic demand. By last spring, evidence had already started to build that demand was growing faster than the economy's production capacity.
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Press,
Speeches and appearances,
Opening statements