January 31, 2002
Posts
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January 29, 2002
Bank of Canada Governor reviews success of inflation targets
In a speech to the Saskatoon and District Chamber of Commerce, Bank of Canada Governor David Dodge said today that Canada's inflation-targeting system has led to many benefits for the Canadian economy. The Governor detailed those benefits, which were confirmed when the Bank and the Government of Canada renewed their inflation-control agreement last year. -
January 29, 2002
Inflation Targeting During a Difficult Year
One of the main benefits of the targets is that they help the economy to run more smoothly when there are surprises in the level of demand for Canadian goods and services. -
January 28, 2002
Bank of Canada Governor reviews key developments of last year
The Governor highlighted the global slowdown as the major economic challenge of the past year. But he said that there were also key changes within the Bank of Canada related to the implementation of monetary policy. In particular, he spoke of the success of the Bank's new system of eight fixed dates per year for announcing interest rate decisions. He also set out in detail the process that leads to those decisions. -
January 28, 2002
Challenges and Changes in an Eventful Year
The main economic concern of the past year was the slowdown that occurred not just here in Canada, but in most major economies. Compounding the economic concerns were the 11 September terrorist attacks in the United States. -
January 23, 2002
Bank of Canada releases Monetary Policy Report Update
The Bank of Canada today released its Update to the November Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.
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January 23, 2002
Monetary Policy Report Update – January 2002
In the November Monetary Policy Report, the timing and extent of the recovery in economic activity in Canada this year was seen as depending crucially on geopolitical developments and on how quickly consumer and business confidence would return to normal. -
January 23, 2002
Release of the Monetary Policy Report Update
(English Version) Economic developments in Canada since the November Report, and the profile for growth outlined in the Update, suggest that the amount of slack in the economy through 2002 will likely be somewhat greater than assumed in November. -
January 23, 2002
Release of the Monetary Policy Report Update
(Bilingual Version) Economic developments in Canada since the November Report, and the profile for growth outlined in the Update, suggest that the amount of slack in the economy through 2002 will likely be somewhat greater than assumed in November. -
January 18, 2002
Bank of Canada Review - Winter 2001–2002
Cover page
Byzantine 40-Nummi Piece
The 40-nummi piece was the largest and heaviest copper coin minted under Justinian. About the size of an old Canadian silver dollar, it weighs 22.76 grams. It was struck in Constantinople (now Istanbul), the capital of the Byzantine Empire and is part of the National Currency Collection, Bank of Canada.
Photography by James Zagon, Ottawa.