January 25, 2007
Dodge discusses monetary policy and the economy, calls for stronger IMF
"This simple paradigm is very helpful because monetary policy works better when it is understood," the Governor said.
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January 25, 2007
Monetary Policy and Developments in the Global and Canadian Economies
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. -
January 18, 2007
Bank of Canada releases Monetary Policy Report Update
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. -
January 18, 2007
Release of the Monetary Policy Report Update
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. -
January 16, 2007
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. -
December 12, 2006
Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence
Beginning today, the Bank of Canada is inviting nominations for the fourth annual Law Enforcement Award of Excellence for Counterfeit Deterrence. -
December 11, 2006
Dodge Urges Action on Improving Financial System Efficiency
Canada's macroeconomic policies are second to none in supporting financial system efficiency, but work is needed to bring the country's structural policies up to that level, Bank of Canada Governor David Dodge said today. -
December 11, 2006
Improving Financial System Efficiency: The Need for Action
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. -
December 5, 2006
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. -
November 27, 2006
Bank of Canada Releases Background Information on Renewal of the Inflation-Control Target
The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which describes Canada's experience with inflation targeting, reports on some key issues bearing on the framework for conducting monetary policy, and identifies issues warranting further research.