Press

• December 12, 2005

  Our Approach to Monetary Policy: Inflation Targeting

  Remarks David Dodge Regina Chamber of Commerce Regina, Saskatchewan

  This year also marks the 70th anniversary of the creation of the Bank of Canada, and we too have taken the time to celebrate our contributions to Canada. At such times, while it is appropriate to look back and celebrate history and accomplishments, it is also a good opportunity to look forward and think about where we are headed. In this spirit, I'd like to talk to you today about one of our main responsibilities; that is, the conduct of monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks
• December 12, 2005

  Governor Dodge Reviews Canada's Inflation-Targeting Framework

  Media Relations Regina, Saskatchewan

  In a speech to the Regina Chamber of Commerce, Bank of Canada Governor David Dodge said that Canada's economic record over the past 15 years demonstrates the value of focusing monetary policy on keeping inflation low, stable, and predictable.

  Content Type(s): Press, Press releases
• December 9, 2005

  Addition of Two Primary Dealers for Government of Canada Securities

  Effective 13 December 2005, HSBC Securities (Canada) Inc./HSBC Bank Canada will become a primary dealer for Government of Canada marketable bonds and treasury bills, respectively, and Desjardins Securities will become a primary dealer for Government of Canada marketable bonds.

  Content Type(s): Press, Market notices
• December 6, 2005

  Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/4 per cent.

  Content Type(s): Press, Press releases
• December 1, 2005

  Implementation Date for the Revised Terms of Participation and the Standard Terms for Government of Canada Auctions

  The revised Terms of Participation and the Standard Terms for Government of Canada Auctions, prepared jointly by the Department of Finance and the Bank of Canada on behalf of the Government of Canada, will become effective on 13 December 2005.

  Content Type(s): Press, Market notices
• November 28, 2005

  Investing in Productivity

  Remarks David Dodge Canadian Council for Public-Private Partnerships Toronto, Ontario

  Measures of productivity tell us how much output we produce from the use of tangible inputs - such as skilled workers and capital equipment - and intangible inputs - such as technological advances and managerial and entrepreneurial know-how. Productivity rises over time as we boost output by finding new and more efficient ways to use these inputs.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 28, 2005

  Governor Dodge Discusses Investing in Productivity

  Media Relations Toronto, Ontario

  Improving Canada's productivity performance requires more efficient allocation of labour and capital resources, and continued innovation in both products and production processes, Bank of Canada Governor David Dodge said today at a conference organized by the Canadian Council for Public-Private Partnerships.

  Content Type(s): Press, Press releases
• November 14, 2005

  Inflation Targeting in Canada: Design, Lessons, and Challenges

  Remarks David Dodge Conference on the occasion of the 80th anniversary of the Banco de Mexico Mexico City, Mexico

  Today, I want to share with all of you Canada's perspective on the design of an inflation-targeting system, some of the lessons we have learned over almost 15 years of experience with explicit inflation targets, and some of the challenges that remain. This topic is timely, because the Bank of Canada's inflation-targeting agreement with the Canadian government is up for renewal next year, and I am pleased to note that, earlier today, the Government announced its intention to renew our agreement for another five years.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 9, 2005

  Economic and Financial Efficiency: The Importance of Pension Plans

  Remarks David Dodge Association des MBA du Québec (AMBAQ) Montréal, Quebec

  Over the past year, I have spoken a number of times on the topic of efficiency, and why it is so important for Canadian policy-makers to keep in mind the goal of an efficient financial system. Today, I want to talk about Canada's system of pension plans and how they contribute to the efficiency of financial markets and of the economy as a whole.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 9, 2005

  Governor Dodge Discusses Efficiency and the Importance of Pension Plans

  Media Relations Montréal, Quebec

  Canada's pension system should be strengthened so it can continue to play an important role in our economy and contribute to efficiency of financial markets, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases