News

• March 21, 2005

  Governor Dodge Discusses Canada's Experience with Inflation Targeting

  Media Relations Washington, D.C.

  Bank of Canada Governor David Dodge said today that Canada's experience under inflation targeting has been "unambiguously positive" since the central bank and federal government agreed to adopt this monetary policy framework in 1991.

  Content Type(s): Press, Press releases
• March 21, 2005

  Inflation Targeting: A Canadian Perspective

  Remarks David Dodge National Association for Business Economics Washington, D.C.

  The invitation is timely, given that the Bank of Canada's inflation-targeting agreement with the Canadian government is up for renewal next year. At the Bank, we are always reflecting on our framework, deciding what works well and what we can improve. Against that backdrop, we have watched with interest the debate taking place here in the United States - inside and outside the Federal Reserve - about whether that institution should join the ranks of inflation-targeting central banks.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 2, 2005

  Bank of Canada Announces Research Fellowship for 2005

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that Professor Paul Beaudry of the University of British Columbia is the recipient of the Bank's Research Fellowship for 2005.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• March 1, 2005

  Bank of Canada keeps target for the overnight rate at 2 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent.

  Content Type(s): Press, Press releases
• February 17, 2005

  Governor Dodge Discusses the Implications of Currency Movements for Monetary Policy

  Media Relations Vancouver, British Columbia

  Bank of Canada Governor David Dodge said today, that in conducting monetary policy, the Bank analyzes movements in the Canadian dollar in the context of economic and financial data and events.

  Content Type(s): Press, Press releases
• February 17, 2005

  Monetary Policy and Exchange Rate Movements

  Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia

  Every year, the Canadian Press surveys news directors and editors to select the top business story of the year. In 2004, they picked the rise of the Canadian dollar. That was not a surprising choice.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 27, 2005

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

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

  Content Type(s): Press, Press releases
• January 27, 2005

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  The outlook for the Canadian economy continues to be shaped by global developments, including the realignment of world currencies. The near-term outlook for the global economy is a touch weaker than projected in the October Report, but more solidly based because of somewhat lower oil prices and greater confidence in the momentum of the U.S. economy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 25, 2005

  Bank of Canada keeps target for the overnight rate at 2 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent.

  Content Type(s): Press, Press releases
• January 20, 2005

  Bank of Canada to Upgrade $10 Bank Note

  Media Relations Ottawa, Ontario

  As part of its ongoing efforts to improve the security of Canadian bank notes, the Bank of Canada will issue a $10 note with upgraded security features beginning 18 May 2005.

  Content Type(s): Press, Press releases