News

• September 13, 2006

  Weathering Economic Shocks: The Importance of Flexibility

  Remarks Paul Jenkins Vancouver Board of Trade Vancouver, British Columbia

  First, I should explain what I mean by flexibility. As most of you are surely aware, the Bank of Canada has been openly discussing the importance of promoting policies that support economic efficiency, including financial system efficiency. Efficiency refers to the allocation of scarce economic resources to the most productive uses, in a cost-effective way.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 6, 2006

  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
• August 28, 2006

  Productivity, Terms of Trade, and Economic Adjustment

  Remarks Pierre Duguay Canadian Association for Business Economics Kingston, Ontario

  The Bank of Canada is keenly interested in productivity - for a number of reasons. Productivity gains are a key determinant of growth in potential output and, hence, of Canada's sustainable pace of non-inflationary economic expansion.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 24, 2006

  Bank of Canada Announces the Recipients of its 2006 Law Enforcement Award of Excellence for Counterfeit Deterrence

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the recipients of its 2006 Law Enforcement Award of Excellence for Counterfeit Deterrence.

  Content Type(s): Press, Press releases
• July 27, 2006

  Bank of Canada releases 2007 schedule of dates for its policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its 2007 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 20, 2006

  The Right Policies for Today's Global Economy

  Remarks David Dodge Brazil-Canada Chamber of Commerce São Paulo, Brazil

  Canada and Brazil both rely on international trade and foreign investment for economic growth, and both are major producers of commodities. Because we share these attributes, we also share a keen interest in the health of the global economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• July 19, 2006

  The Right Policies for Today's Global Economy

  Remarks David Dodge Chile-Canada Chamber of Commerce Santiago, Chile

  Canada and Chile both rely heavily on international trade and foreign investment for economic growth, and are both major producers of commodities. Because we share these attributes, we also share a keen interest in the health of the global economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• July 19, 2006

  Governor Dodge Says Good Policies Can Help Smooth Global Economic Adjustments

  Media Relations Santiago, Chile

  The strong global growth of recent years is beginning to slow to a more sustainable pace and the right economic policies can help the process unfold smoothly, Bank of Canada Governor David Dodge said in a speech today to the Chile-Canada Chamber of Commerce.

  Content Type(s): Press, Press releases
• July 13, 2006

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  Overall, the Bank's outlook for growth and inflation in Canada is largely unchanged from that in its April Monetary Policy Report (MPR). Growth in the first half of 2006 appears to have been a little stronger than projected, and the Canadian dollar has traded in a higher range than was envisaged in the April MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 13, 2006

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its July Monetary Policy Report Update, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases