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November 6, 2007
North America in Today's Global Economic Setting
In recent months, much has been said, and written, about developments in financial markets. The turbulence in global credit markets, which had its roots in developments in the market for subprime mortgages here in the United States, has been a focal point of attention for market participants and policy-makers around the world.
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October 21, 2007
Credit Market Turbulence and Policy Challenges Ahead
Given the Institute's membership and its focus on financial stability, I feel safe in saying that all of us here today watched this summer's turbulence in credit markets with interest, to put it mildly. What began in the spring as a repricing of credit risk turned into dislocations that have yet to fully run their course.
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October 20, 2007
Modern Central Banking: A Canadian Perspective
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October 18, 2007
Release of the Monetary Policy Report
Opening statement
David Dodge
Since the July Monetary Policy Report Update, and against a backdrop of robust global economic expansion and strong commodity prices, the Canadian economy has been stronger than projected. It is now operating further above its production potential than had been previously expected.
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