Speeches and appearances

• December 11, 2006

  Improving Financial System Efficiency: The Need for Action

  Remarks David Dodge Economic Club of Toronto Toronto, Ontario

  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.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 8, 2006

  The Canadian Economy and Financial Markets in Perspective

  Remarks David Longworth World Hedge Funds Summit Vaughan, Ontario

  The hedge fund industry has been growing so quickly that meetings like this one are welcome—they provide a chance to step back and look at context and trends. And that's what I propose to do this morning. Specifically, I'd like to speak about volatility in both the real economy and in financial markets and discuss how it has been affected by monetary policy and financial innovation.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 6, 2006

  Prospering in Today's Global Economy: Challenges for Open Economies such as Australia and Canada

  Remarks David Dodge Sydney Institute and the Canadian Australian Chamber of Commerce Sydney, Australia

  As major producers of commodities, both Canada and Australia rely heavily on international trade for our economic expansion, and we each rely extensively on global capital markets. So, what I would like to talk about first is how we see the global and Canadian economies unfolding and what we might expect to see in the future. Following that, I'll also talk about some of the policies that can best help countries like ours to deal with the challenges of today's global economy, looking at this from both a domestic and an international perspective.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 25, 2006

  Opening Statement before the Senate Banking, Trade and Commerce Committee

  Opening statement David Dodge Senate Banking, Trade and Commerce Committee

  Things have changed somewhat since then. While global economic growth is expected to be a little higher than anticipated last spring, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 25, 2006

  The Global Economic Landscape and the Implications for Ontario

  Remarks David Dodge 2006 Ontario Economic Leadership Summit Niagara-on-the-Lake, Ontario

  How can we develop human capital to its fullest potential, and retain that capital? How can we foster research, innovation, and commercialization in this province? How can we improve Ontario's competitiveness in the global marketplace?

  Content Type(s): Press, Speeches and appearances, Remarks
• October 19, 2006

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement David Dodge House of Commons Standing Committee on Finance

  In our latest Monetary Policy Report, which we released this morning, we judge that the Canadian economy is currently operating just above capacity. While global economic growth is expected to be a little higher than previously anticipated, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 19, 2006

  Release of the Monetary Policy Report

  Opening statement David Dodge

  The Canadian economy is judged to be operating just above its production capacity. While global economic growth is expected to be a little higher than previously anticipated, a weaker near-term outlook for the U.S. economy has curbed the near-term prospects for Canadian exports and growth.

  Content Type(s): Press, Speeches and appearances, Opening statements
• September 13, 2006

  Weathering Economic Shocks: The Importance of Flexibility

  Remarks Paul Jenkins Vancouver Board of Trade Vancouver, British Columbia

  First, I should explain what I mean by flexibility. As most of you are surely aware, the Bank of Canada has been openly discussing the importance of promoting policies that support economic efficiency, including financial system efficiency. Efficiency refers to the allocation of scarce economic resources to the most productive uses, in a cost-effective way.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 28, 2006

  Productivity, Terms of Trade, and Economic Adjustment

  Remarks Pierre Duguay Canadian Association for Business Economics Kingston, Ontario

  The Bank of Canada is keenly interested in productivity - for a number of reasons. Productivity gains are a key determinant of growth in potential output and, hence, of Canada's sustainable pace of non-inflationary economic expansion.

  Content Type(s): Press, Speeches and appearances, Remarks
• July 20, 2006

  The Right Policies for Today's Global Economy

  Remarks David Dodge Brazil-Canada Chamber of Commerce São Paulo, Brazil

  Canada and Brazil both rely on international trade and foreign investment for economic growth, and both are major producers of commodities. Because we share these attributes, we also share a keen interest in the health of the global economy.

  Content Type(s): Press, Speeches and appearances, Remarks