November 18, 2002
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November 12, 2002
Staying the Course
The dramatic events of the last two years and growing concern about the near-term prospects for the global economy have created a climate in which policy-makers focus only on current economic developments and lose sight of longer-term goals.
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October 24, 2002
Release of the Monetary Policy Report
The Canadian economy has been expanding strongly so far this year and is now operating fairly close to its full production capacity. Consumer price inflation has risen above the 2 per cent target and is expected to rise further before year-end because of high oil prices and a number of other relative price movements.
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October 23, 2002
Bank of Canada releases its October Monetary Policy Report
Today, the Bank of Canada released its October Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.
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October 23, 2002
Opening Statement before the House of Commons Standing Committee on Finance
The Canadian economy has been expanding strongly so far this year and is now operating fairly close to its full production capacity. Consumer price inflation has risen above the 2 per cent target and is expected to rise further before year-end because of high oil prices and a number of other relative price movements.
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Press,
Speeches and appearances,
Opening statements
October 23, 2002
Release of the Monetary Policy Report
Opening statement
David Dodge
Today, we released our October Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy.
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Press,
Speeches and appearances,
Opening statements
October 17, 2002
Governor Discusses Role of Productivity in Canada's Prosperity
In this context, he focused on the critical role that higher productivity plays in supporting real income growth and improved standards of living over time.
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October 17, 2002
The Search for Higher Productivity
Given the extent of uncertainty in the world today, we are all naturally preoccupied with near-term issues and prospects. That's understandable. But, at the same time, it's critical that we look past the short-term to the longer-term trends and potential of our economy.
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October 16, 2002
Bank of Canada keeps target for the overnight rate at 2 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 per cent.
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October 5, 2002
Dollarization and North American Integration
The question before us sounds straightforward: "Should Canada adopt the U.S. dollar?" But the issues are complicated. I will not pretend that I can cover all the nuances of this topic in my allotted time. So I am running the risk that I may oversimplify matters.
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