November 22, 2004 Governor Dodge's speech on behalf of Canada's Finance Minister, Ralph Goodale Remarks David Dodge German-Canadian Business Club of Berlin- Brandenburg-Association of Berlin Merchants and Industrialists Berlin, Germany This document is published as a .pdf format only. Content Type(s): Press, Speeches and appearances, Remarks
November 22, 2004 The Evolving Financial System and Public Policy: Conference Highlights and Lessons Bank of Canada Review - Autumn 2004 Pierre St-Amant, Carolyn A. Wilkins At the 12th annual Bank of Canada economic conference, held in Ottawa on 4 and 5 December 2003, representatives from various public and private organizations and Bank of Canada staff discussed papers presented on three key issues affecting the financial system: financial contagion, the implications of bank diversification, and financial sector regulation. Papers on financial contagion studied the effect of globalization on Canadian foreign-asset exposures, developed a general-equilibrium model of a competitive interfirm lending market in which firms can borrow or lend, and used market-based indicators to determine the probability that contagion can be generated by interbank exposures. The papers on bank diversification focused on the links between the changing behaviour of financial institutions and risk-return trade-offs. Issues of financial sector regulation included the relationship between governance and financial sector soundness, the theoretical basis of bank regulations for capital requirements, and the implications of bank capital requirements for the transmission of monetary policy. A panel discussion provided extended discussion of the conference papers. Content Type(s): Publications, Bank of Canada Review articles
November 21, 2004 Summary of the G-20 Workshop on Developing Strong Domestic Financial Markets, 26-27 April 2004 Bank of Canada Review - Autumn 2004 Joerg Stephan, James Powell, Robert Lafrance, James Haley G-20 representatives, academics, market participants, and members of international financial institutions were brought together in Ottawa to explore the connection between robust financial markets and economic growth and development, share experiences, and to develop policy recommendations, where possible. Participants identified several areas they deemed critical for fostering strong domestic financial markets and reducing external vulnerability: sound macroeconomics policies, strengthened financial infrastructures and banking systems, and exchange rate flexibility for countries with widely open capital accounts. Papers presented in the six sessions and keynote address highlighted a number of issues, including currency mismatches, the sequence of financial liberalization and supervisory reforms, the development of local financial markets, infrastructure building and governance, and appropriate incentives. Content Type(s): Publications, Bank of Canada Review articles
November 20, 2004 Monetary Policy and Uncertainty Bank of Canada Review - Autumn 2004 David Longworth Remarks by David Longworth, Deputy Governor of the Bank of Canada to the Canadian Association for Business Economics Content Type(s): Publications, Bank of Canada Review articles
November 17, 2004 Bank of Canada Issues New $50 Bank Note Media Relations Ottawa, Ontario The Bank of Canada today put into circulation Canada's new $50 bank note. The new note will be distributed and become available across the country over the next few weeks. Content Type(s): Press, Press releases
November 1, 2004 Canada in the Global Economy Proceedings of a conference held by the Bank of Canada, November 2004 (proceedings volume, available in electronic format only) Content Type(s): Conferences and workshops
October 26, 2004 Opening Statement before the House of Commons Finance Committee Opening statement David Dodge House of Commons Finance Committee These meetings help us keep Members of Parliament and, through you, all Canadians informed about the Bank's views on the economy, and about the objective of monetary policy and the actions we take to achieve it. Content Type(s): Press, Speeches and appearances, Opening statements
October 21, 2004 Monetary Policy Report – October 2004 The Canadian economy continues to adjust to major global developments. Content Type(s): Publications, Monetary Policy Report
October 21, 2004 Release of the Monetary Policy Report Opening statement David Dodge The Canadian economy has grown faster than was projected in last April's Monetary Policy Report and the July Update, largely because of a surge in exports. It is now operating near its production capacity and continues to adjust to global economic developments. Content Type(s): Press, Speeches and appearances, Opening statements
October 21, 2004 Deputy Governor Mark Carney appointed Senior Associate Deputy Minister of Finance Media Relations Ottawa, Ontario The Prime Minister announced today that Mark Carney, Deputy Governor of the Bank of Canada, has been appointed Senior Associate Deputy Minister of Finance, effective 15 November. Content Type(s): Press, Press releases