Speeches

• December 8, 2003

  Past Adjustments and Future Trends in the Canadian Economy

  Remarks David Dodge London Chamber of Commerce London, Ontario

  When giving a speech near the end of a year, it is common practice to look back over the past 12 months, consider what we have learned from the events and experiences of the year, and think a bit about what might lie ahead. I became Governor of the Bank of Canada in 2001 and, since that time, I have found myself saying at the end of each year, "Well, we won't see another year like that again."

  Content Type(s): Press, Speeches and appearances, Remarks
• November 20, 2003

  Low and Predictable Inflation and the Performance of Canadian Labour Markets

  Lecture David Dodge Memorial University of Newfoundland St. John's, Newfoundland and Labrador

  The goal of Canadian monetary policy is to contribute to solid economic performance and rising living standards. The best way we can do this is by keeping inflation low, stable, and predictable. This has important implications for labour market performance.

  Content Type(s): Press, Speeches and appearances, Lectures
• November 17, 2003

  Global Challenges, Canadian Opportunities

  Remarks David Dodge Office for Partnerships for Advanced Skills Annual Visionary Seminar Ottawa, Ontario

  It is certainly nothing new to say that economies have become increasingly globalized. In his 1962 book, The Gutenberg Galaxy, Marshall McLuhan observed that the electronic mass media were collapsing time and space barriers. This enabled people to communicate on a global scale. He coined the term "global village" to describe this change.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 3, 2003

  On Economic Education

  Remarks David Dodge David Dodge Tribute Dinner hosted by the Canadian Foundation of Economic Education Toronto, Ontario

  The program this evening focuses on the value of public service and the importance of economic and financial literacy for the well-being of Canadians. These two themes have special significance for me, as my career has involved time spent in the public service as well as teaching.

  Content Type(s): Press, Speeches and appearances, Remarks
• October 23, 2003

  Opening Statement before the Senate Banking, Trade and Commerce Committee

  Opening statement David Dodge Senate Banking, Trade and Commerce Committee

  The last time that I appeared before this committee was after the release of our April Report. Since then, our economy has been hit by a number of unusual shocks. Because of these shocks and other factors, growth has been weaker than expected. We now estimate that there is more slack in the economy than we had projected in April.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 22, 2003

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Since our April Report, the Canadian economy has been hit by a number of unusual shocks: SARS, BSE, the Ontario electricity blackout, and the severe forest fires in British Columbia. Inflation has also fallen faster and further than expected.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 22, 2003

  Opening Statement before the House of Commons Finance Committee

  Opening statement David Dodge House of Commons Finance Committee

  The last time that Paul and I appeared before this committee was after the release of our April Report. At that time, inflation was well above its 2 per cent target, and short-term inflation expectations had edged up. Although inflation was being pushed up by special factors, there were also signs that strong domestic demand was working to broaden pressures on prices.

  Content Type(s): Press, Speeches and appearances, Opening statements
• September 10, 2003

  Fostering Confidence

  Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia

  It's great to be back in Vancouver and to renew acquaintances at the Board of Trade. I'm going to spend some time today discussing the Bank of Canada's outlook for the Canadian economy and inflation, and how we are responding. But in order to understand the current economic situation, we need to look at some of the extraordinary events of the past year or so and how those events have affected the economy.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 5, 2003

  Spruce Meadows Roundtable

  Remarks David Dodge Spruce Meadows Roundtable Spruce Meadows, Alberta

  Canada's reliance on foreign trade has required us to be active internationalists for decades. Louis Rasminsky, who went on to become Governor of the Bank of Canada, was one of Canada's delegates at the Bretton Woods Conference that led to the creation of the International Monetary Fund (IMF) and the World Bank. Rasminsky played an important role, formal and informal, at the talks.

  Content Type(s): Press, Speeches and appearances, Remarks
• August 7, 2003

  Economic Integration in North America

  Remarks David Dodge Couchiching Institute on Public Affairs Geneva Park, Ontario

  For more than 70 years now, the Couchiching Institute on Public Affairs has been bringing Canadians together with the purpose of asking some thought-provoking questions and encouraging lively, stimulating debates and action on a variety of key public policy issues.

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