News

• February 17, 2004

  Policies for Changing Times

  Remarks David Dodge Mexican Business Coordinating Council Mexico City, Mexico

  We both share borders with the United States, the most important export market for each of us. Both Canada and Mexico have recently faced setbacks in cross-border trade with the United States. These stem not only from weaker U.S. domestic demand, but also from specific trade problems and from border-crossing delays associated with tighter security.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 11, 2004

  Governor Dodge Discusses Need to Adjust to Changing Economic World

  Media Relations Montréal, Quebec

  Speaking to the Board of Trade of Metropolitan Montréal today, Bank of Canada Governor David Dodge talked about the longer-term trends and the challenges facing the Canadian economy in the years ahead, and the adjustments that will be necessary to meet those challenges.

  Content Type(s): Press, Press releases
• February 11, 2004

  Adjusting to a Changing Economic World

  Remarks David Dodge Board of Trade of Metropolitan Montréal Montréal, Quebec

  These are turbulent times, not just for business people, but for all Canadians. We have come through a very difficult year, a year filled with surprises that have challenged us all. At times like these, it is easy to focus on the near-term issues and problems.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 9, 2004

  Statement by Bank of Canada Governor David Dodge on the passing of former Governor, Gerald Bouey

  Media Relations

  "We are saddened by the passing on Friday of a great friend, former Bank of Canada Governor, Gerald Bouey. Gerry Bouey had a long and remarkable career at the Bank. He was a distinguished and highly respected Bank of Canada Governor, not only in this country but internationally as well. His outstanding leadership as Governor […]

  Content Type(s): Press, Press releases
• January 28, 2004

  The Bank of Canada Unveils New $100 Bank Note

  Ginette Crew Halifax, Nova Scotia

  The Bank of Canada today unveiled Canada's new $100 bank note, which will go into circulation beginning 17 March. The new note was unveiled in Halifax by the Honourable Robert Thibault, Member of Parliament for West Nova, Nova Scotia, David Dodge, Governor of the Bank of Canada, Marc Garneau, President of the Canadian Space Agency and former astronaut, and Daniel Gallivan, a member of the Board of Directors of the Bank of Canada.

  Content Type(s): Press, Press releases
• January 22, 2004

  Bank of Canada releases Monetary Policy Report Update

  Media Relations

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

  Content Type(s): Press, Press releases
• January 22, 2004

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  Three developments have led us to modify our outlook for economic growth and inflation in Canada, since our October Monetary Policy Report. These include: stronger-than-expected world economic activity, the continued sharp depreciation of the U.S. dollar against major world currencies (including the Canadian dollar), and a somewhat larger output gap in Canada at the end of 2003.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 20, 2004

  Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 1/2 per cent

  Media Relations Ottawa, Ontario

  Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 3/4 per cent.

  Content Type(s): Press, Press releases
• January 16, 2004

  Bank of Canada Announces Adviser Appointment

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Pierre Godin to the position of adviser. The appointment is for an 18-month period; Mr. Godin will be joining the Bank in mid-March.

  Content Type(s): Press, Press releases
• January 15, 2004

  Canada's new $100 bank note to be unveiled on 28 January 2004

  Ginette Crew Ottawa, Ontario

  Canada’s new $100 bank note will be unveiled on Wednesday, 28 January 2004, in Halifax. The first high denomination note in the Canadian Journey series will be unveiled by the Honourable John Efford, Minister of Natural Resources Canada, and David Dodge, Governor of the Bank of Canada.

  Content Type(s): Press, Press releases