April 12, 2007 Dealing with Uncertainty in the Conduct of Monetary Policy Remarks Sheryl Kennedy Montréal CFA Society Montréal, Quebec The main goal of monetary policy is to help the country achieve strong, sustainable economic performance, and, in doing so, to contribute to rising living standards for Canadians. Experience has shown that the best way for a central bank to meet this goal, given the instruments at its disposal, is by keeping inflation low and stable. Low and stable inflation increases confidence in the future value of money, and allows for clear price signals. Content Type(s): Press, Speeches and appearances, Remarks
March 29, 2007 Promoting Sound Economic Policies Globally and Locally Remarks David Dodge Americas Society and the Council of the Americas New York, New York In my opinion, much of this performance can be credited to the increasingly widespread acceptance of the need for a liberalized worldwide financial and trade order. Many countries that once closed themselves to the outside world are now actively engaged in the global economy. Content Type(s): Press, Speeches and appearances, Remarks
March 8, 2007 Meeting Global Economic Challenges: The Need for Flexibility Remarks David Dodge Calgary Chamber of Commerce Calgary, Alberta Our primary objective at the Bank is 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. We do this by keeping inflation low, stable, and predictable. Content Type(s): Press, Speeches and appearances, Remarks
February 22, 2007 Adjusting to Economic Change Remarks Sheryl Kennedy Greater Saskatoon Chamber of Commerce Saskatoon, Saskatchewan The past five years have indeed been a period of great and relatively rapid economic change, both here in Saskatchewan and across the country. In my remarks today, I'd like to describe this change and discuss its significance to our economic well-being. Content Type(s): Press, Speeches and appearances, Remarks
February 20, 2007 Standing Senate Committee on National Finance Remarks Paul Jenkins Standing Senate Committee on National Finance Ottawa, Ontario The preamble of this bill addresses some very important issues: the need for Canadians to trust in the management of the public purse, and the importance of openness and accountability. I can assure you that the Bank of Canada takes these issues very seriously. Content Type(s): Press, Speeches and appearances, Remarks
February 6, 2007 Promoting Stability, Confidence and Well-being Remarks David Longworth Greater Kitchener Waterloo Chamber of Commerce Waterloo, Ontario The strengths of the twin cities - in research, advanced manufacturing, and information technology, among other sectors - are well known. Less well known, perhaps, is the region's success in responding effectively to changes in the world economy. Content Type(s): Press, Speeches and appearances, Remarks
February 1, 2007 Opening Statement before the House of Commons Standing Committee on Finance Remarks David Dodge House of Commons Standing Committee on Finance Our interest in income trusts relates to the efficient functioning and health of Canada's financial system. A safe and efficient financial system is essential to Canada's economic well-being. The Bank of Canada works with other government agencies, as well as market participants, to promote the safe and efficient functioning of the financial system. Content Type(s): Press, Speeches and appearances, Remarks
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
December 11, 2006 Improving Financial System Efficiency: The Need for Action Remarks David Dodge Economic Club of Toronto Toronto, Ontario The FSR reports on developments and trends in financial systems here and abroad, summarizes recent research by Bank staff on financial sector policies, and promotes discussion of how to strengthen our financial system. In short, the goal of the FSR is to improve financial system efficiency and stability. Content Type(s): Press, Speeches and appearances, Remarks
November 8, 2006 The Canadian Economy and Financial Markets in Perspective Remarks David Longworth World Hedge Funds Summit Vaughan, Ontario The hedge fund industry has been growing so quickly that meetings like this one are welcome—they provide a chance to step back and look at context and trends. And that's what I propose to do this morning. Specifically, I'd like to speak about volatility in both the real economy and in financial markets and discuss how it has been affected by monetary policy and financial innovation. Content Type(s): Press, Speeches and appearances, Remarks