April 26, 2002
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April 24, 2002
Opening Statement before the House of Commons Standing Committee on Finance
Opening statement
David Dodge
To counter that uncertainty and bolster consumer and business confidence, the Bank of Canada moved aggressively to provide monetary stimulus. Between last September and January 2002, we lowered interest rates by 200 basis points, bringing the total reduction since January 2001 to 375 basis points.
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Opening statements
April 24, 2002
Release of the Monetary Policy Report
Opening statement
David Dodge
The level of production in the Canadian economy should return to full capacity in the second half of 2003. We also said that inflation should be at the Bank's 2 per cent target by about the end of next year.
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Opening statements
March 26, 2002
The Conduct of Monetary Policy in the Presence of Economic Shocks
Globalization - the trend towards greater economic integration around the world - has brought important benefits to us all. It has boosted world trade, opened up access to sources of global finance, and facilitated the diffusion of far-reaching technological advances in transportation, communications, and information processing.
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March 12, 2002
Monetary Policy Choices: The Canadian Experience
Remarks
David Dodge
Chambre de Commerce France-Canada and Les Canadiens en Europe (France)
Paris, France
Over the years, both Canada and France have had to make decisions about the framework guiding monetary policy. The authorities in the two countries have made choices that reflect the differences in our economies.
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