Speeches

• December 4, 2000

  Why a Floating Exchange Rate Regime Makes Sense for Canada

  Remarks Gordon Thiessen Chambre de commerce du Montréal métropolitain Montréal, Quebec

  One of the issues that has often surfaced over the years is the exchange rate for the Canadian dollar. Indeed, over the past couple of years, it has been a topic of considerable public discussion.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 9, 2000

  Release of the Monetary Policy Report

  Opening statement Gordon Thiessen

  This morning we released our latest Monetary Policy Report. In the six months since the May Report, our economy has outperformed expectations, spurred by strong domestic and foreign demand for Canadian products. We now expect that growth will average 5 per cent in 2000 and 3 to 4 per cent in 2001. Despite this stronger-than-anticipated […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 17, 2000

  Can a Bank Change? The Evolution of Monetary Policy at the Bank of Canada 1935–2000

  Lecture Gordon Thiessen Faculty of Social Science, University of Western Ontario

  Over this period, there has been a fundamental transformation in the way monetary policy is conducted in Canada and in most other industrial countries. While globalization and technological change have played an important role in this area, as in so many others, they have not, to my mind, been the principal driving force behind this transformation. Far more important has been the interaction of experience and economic theory.

  Content Type(s): Press, Speeches and appearances, Lectures
• September 14, 2000

  The Outlook for the Canadian Economy and the Conduct of Monetary Policy

  Remarks Gordon Thiessen Calgary Chamber of Commerce Calgary, Alberta

  Today, I would like to bring you up to date on the Bank of Canada's views about the outlook for the Canadian economy. Prospects for the period ahead are generally very favourable.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 16, 2000

  Release of the Monetary Policy Report Update

  Opening statement Gordon Thiessen

  This morning we released our update to the May Monetary Policy Report. Overall, the outlook for Canadian economic growth and inflation is positive. Economic activity in Canada has remained strong since our May Report. Nonetheless, the underlying trend of inflation has been unexpectedly low - in the bottom half of our 1 to 3 per […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• June 15, 2000

  The Canadian Economy: Finding the Right Balance

  Remarks Gordon Thiessen Kelowna Chamber of Commerce Kelowna, British Columbia

  With the technological revolution that is currently sweeping the globe, dealing with change is a growing challenge for businesses these days. This revolution is erasing national frontiers, intensifying competition, and transforming economies everywhere.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 16, 2000

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Gordon Thiessen House of Commons Standing Committee on Finance

  Last week, we released our eleventh Monetary Policy Report. Since our November Report, the Canadian economy has outperformed expectations. Bolstered by vigorous external and domestic demand, Canada's economic expansion strengthened in the second half of 1999 and into early 2000.

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 11, 2000

  Release of the Monetary Policy Report

  Opening statement Gordon Thiessen

  This morning we released our latest Monetary Policy Report. The outlook that we see for Canadian economic growth and inflation is very positive. The economy has outperformed expectations since our November Report and the underlying trend of inflation has been lower than expected. With the global economy gaining momentum and greater demand at home, we […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 26, 2000

  The Canadian Economy: Charting a Course for the Future

  Remarks Gordon Thiessen Chambre de commerce régionale de Sainte-Foy Sainte-Foy, Quebec

  The 1990s was a difficult period for Canada and the Canadian economy. From the beginning of the decade, it was clear that we had to grapple with the problems that had been hampering our economic performance through most of the 1970s and 1980s.

  Content Type(s): Press, Speeches and appearances, Remarks
• April 6, 2000

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

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

  When I appeared before you last April, there was still a high degree of uncertainty in the global economy related to the 1997-98 financial crisis in emerging markets and the associated fall in world commodity prices.

  Content Type(s): Press, Speeches and appearances, Opening statements