Speeches

• December 7, 1998

  The Canadian economy and monetary policy in unsettled times

  Remarks Gordon Thiessen Greater Victoria Chamber of Commerce Victoria, British Columbia

  When the Asian crisis erupted in the summer of 1997, few observers anticipated that international financial markets would still be under its influence more than a year later.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 19, 1998

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Gordon Thiessen Standing Senate Committee on Banking, Trade and Commerce

  Mr. Chairman, my colleagues and I always welcome our appearances before your committee. We released our latest Monetary Policy Report this past Monday. It covers a broad range of economic and monetary issues and provides an account of our policy actions and their results. The ultimate objective of Canadian monetary policy is to help create […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• November 17, 1998

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Gordon Thiessen House of Commons Standing Committee on Finance

  Mr. Chairman, my colleagues and I welcome these appearances before your committee following each edition of the Bank of Canada’s Monetary Policy Report. As you know, we published our latest report yesterday. It touches on a wide range of economic and monetary issues and provides an opportunity for us to account for our policy actions […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• November 16, 1998

  Release of the Monetary Policy Report

  Opening statement Gordon Thiessen

  This morning we released our eighth Monetary Policy Report. The period since our last report has certainly been an eventful one from a monetary policy perspective. During the past six months, global economic uncertainties intensified, particularly following Russia's decision in August to declare a debt moratorium. Many emerging market countries were faced with large capital […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 27, 1998

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Gordon Thiessen House of Commons Standing Committee on Finance

  Mr. Chairman, I am pleased to appear before you today as part of your study of the Task Force Report on the Future of the Canadian Financial Services Sector. Perhaps it might be helpful if I were to start by clarifying the Bank of Canada’s role in this area. The Bank has no formal responsibility […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 15, 1998

  The Canadian Experience with Targets for Inflation Control

  Remarks Gordon Thiessen Queen's University Kingston, Ontario

  As an economist who worked as a banker for most of his career, Douglas Gibson brought an interesting perspective to public policy issues, to the relationship between government and business, and to the contribution of outside economists to government policies.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 23, 1998

  Global uncertainties and the Canadian economy

  Remarks Gordon Thiessen St. John's Board of Trade St. John's, Newfoundland

  This past year, we have had to deal with the implications for our economy and our currency of increased global uncertainty and pressures arising from the problems that originated in Southeast Asia. I am sure that the effects of these developments, especially on primary commodities, such as oil and nickel, are already very familiar to Newfoundlanders.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 11, 1998

  The outlook for the Canadian economy and monetary policy

  Remarks Bernard Bonin The Canadian Association of Financial Planners Québec, Québec

  In mid-May we published our semi-annual Report on monetary policy, covering data up to April 24th. That means we now have new data available for the last two months. Furthermore, our report also pointed to a much greater-than-usual degree of uncertainty about the outlook for the Canadian economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 28, 1998

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Gordon Thiessen House of Commons Standing Committee on Finance

  Mr. Chairman, my colleagues and I are pleased to appear before your committee on a regular basis following the release of the Bank of Canada's Monetary Policy Report. It gives us a chance to discuss with you a range of economic and monetary issues. More generally, our semi-annual Report and sessions such as this one […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 27, 1998

  Globalized Financial Markets and Monetary Policy

  Remarks Gordon Thiessen La Conférence de Montréal Montréal, Quebec

  Globalization - that is, the growing integration and interdependence of national economies - is changing dramatically the economic landscape. Countries are trading more goods and services, an increasing number of firms now operate across national borders, and savers and borrowers have greater access than ever before to global financial markets.

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