News

• January 23, 2003

  Release of Monetary Policy Report Update

  Opening statement David Dodge

  Core inflation has been higher than anticipated in recent months. This reflects not only a stronger-than-expected increase in premiums for auto and home insurance, but also some broadening of price pressures resulting from strong demand in the economy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 21, 2003

  Bank of Canada keeps target for the overnight rate at 2 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent.

  Content Type(s): Press, Press releases
• January 13, 2003

  Senior Deputy Governor Malcolm Knight appointed new General Manager of the Bank for International Settlements

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank for International Settlements (BIS), based in Switzerland, announced today the appointment of Malcolm Knight as the new General Manager of the BIS, beginning in April 2003.

  Content Type(s): Press, Press releases
• December 3, 2002

  Bank of Canada keeps target for the overnight rate at 2 3/4 per cent

  Media Relations Ottawa, Ontario

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

  Content Type(s): Press, Press releases
• November 22, 2002

  Bank of Canada Announces Retirement of Deputy Governor Charles Freedman

  Media Relations Ottawa, Ontario

  Today, the Bank of Canada announced that Deputy Governor Charles (Chuck) Freedman will retire from the Bank effective 5 September 2003.

  Content Type(s): Press, Press releases
• November 18, 2002

  Governor Explains How the Bank of Canada Promotes Canada's Economic and Financial Welfare

  Media Relations Calgary, Alberta

  In a speech to the Calgary Chamber of Commerce, Bank of Canada Governor David Dodge today outlined some of the ways in which the central bank contributes to Canada's economic and financial welfare.

  Content Type(s): Press, Press releases
• November 18, 2002

  Promoting Canada's Economic and Financial Welfare

  Remarks David Dodge Calgary Chamber of Commerce Calgary, Alberta

  It's been a difficult year for many sectors of the Alberta economy. Certainly, the severe drought hurt many western farmers, and investment in the energy sector was held back by low oil and gas prices. In addition, the slump in the telecom sector has affected Calgary.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 12, 2002

  Staying the Course

  Remarks David Dodge a panel discussion at the Banco de México Mexico City, Mexico

  The dramatic events of the last two years and growing concern about the near-term prospects for the global economy have created a climate in which policy-makers focus only on current economic developments and lose sight of longer-term goals.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 24, 2002

  Release of the Monetary Policy Report

  Opening statement David Dodge Press conference in New York

  The Canadian economy has been expanding strongly so far this year and is now operating fairly close to its full production capacity. Consumer price inflation has risen above the 2 per cent target and is expected to rise further before year-end because of high oil prices and a number of other relative price movements.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 23, 2002

  Bank of Canada releases its October Monetary Policy Report

  Media Relations Ottawa, Ontario

  Today, the Bank of Canada released its October Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases