January 25, 2007 Dodge discusses monetary policy and the economy, calls for stronger IMF Media Relations Toronto, Ontario "This simple paradigm is very helpful because monetary policy works better when it is understood," the Governor said. Content Type(s): Press, Press releases
January 25, 2007 Monetary Policy and Developments in the Global and Canadian Economies Remarks David Dodge Canadian Netherlands Business and Professional Association, and the European Union Chamber of Commerce in Toronto Toronto, Ontario The Bank of Canada has been around for over 70 years. Throughout this period, the Bank has had one over-arching mandate: to promote the economic and financial welfare of Canadians. Over the years, we have learned that the best contribution that monetary policy can make in this regard is to give Canadians confidence in the future value of their money. Content Type(s): Press, Speeches and appearances, Remarks
January 23, 2007 Bank of Canada Review - Winter 2006-2007 Cover page French Provincial Issues in Canada The coins pictured on the cover are part of the National Currency Collection, Bank of Canada. Photography by Gord Carter, Ottawa. Content Type(s): Publications, Bank of Canada Review
January 18, 2007 Bank of Canada releases Monetary Policy Report Update Media Relations Ottawa, Ontario he Bank of Canada today released the January update to the Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
January 18, 2007 Release of the Monetary Policy Report Update Opening statement David Dodge The Canadian economy is judged to have been operating at, or just above, its production capacity at the end of 2006, following weaker-than-expected growth in the second half of last year. This slowdown stemmed from reduced demand for Canadian exports - related to weakness in the U.S. automotive and housing sectors - and from the need for Canadian businesses to adjust inventories. Content Type(s): Press, Speeches and appearances, Opening statements
January 16, 2007 Bank of Canada keeps target for the overnight rate at 4 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. Content Type(s): Press, Press releases
January 16, 2007 Monetary Policy Report Update – January 2007 The global economy has continued to expand robustly. However, U.S. economic growth slowed in 2006, with the weakness concentrated in the automotive and housing sectors. Content Type(s): Publications, Monetary Policy Report
January 8, 2007 Business Outlook Survey - Winter 2006-07 On balance, businesses expect their sales over the next 12 months to increase at a rate slightly above that posted during the preceding 12 months. Hiring and investment intentions have not changed significantly since the last survey. Content Type(s): Publications, Business Outlook Survey
December 31, 2006 Summary of Government of Canada - Outstanding as at 31 December 2006 Content Type(s): Publications, Historical: Securities and loans
December 23, 2006 Global Savings, Investment, and World Real Interest Rates Bank of Canada Review - Winter 2006-2007 Brigitte Desroches, Michael Francis Over the past 25 years, world long-term interest rates have declined to levels not seen since the 1960s. This decline has been accompanied by falling world investment and savings rates. The authors explore global saving and investment outcomes that have led to the fall in the world real interest rate. The results show that the key factors explaining movements in savings and investment are variables that evolve relatively slowly over time, such as labour force growth and the age structure of the world economy. The conclusions suggest that, over the coming years, it is unlikely that these slowly changing variables will be a source of significant changes in world real interest rates. Content Type(s): Publications, Bank of Canada Review articles Topic(s): Interest rates, International topics