November 18, 2002
Media Relations
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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 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 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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September 18, 2002
Governor Credits Sound Economic Framework for Canada's Strong Performance
Canada's economy has shown remarkable strength over the past two years, despite a number of unfavourable developments that originated mainly from abroad, Bank of Canada Governor David Dodge said today in a speech at the University of British Columbia. The adoption of inflation targets, the restoration of fiscal health, and the restructuring initiatives taken by businesses were all positive steps taken in the 1990s that have allowed the economy to better handle economic problems now, he said.
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