Speeches

  • October 26, 2005

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

    Opening Statement David Dodge Standing Senate Committee on Banking, Trade and Commerce
    When Paul and I appeared before this Committee last April, we said that the economy appeared to be operating slightly below its production capacity, and that we expected it to move back to full capacity in the second half of 2006. In our October Monetary Policy Report, which we published last Thursday, we said that economic growth in the first half of the year was somewhat stronger than we had previously expected. Indeed, the global and Canadian economies have continued to grow at a solid pace, and our economy now appears to be operating at full production capacity.
    Content Type(s): Press, Speeches
  • October 25, 2005

    RCMP management retreat

    Remarks David Dodge RCMP management retreat Ottawa, Ontario
    It's not surprising that the Bank of Canada is interested in promoting economic integrity. After all, the Bank of Canada Act mandates us, as far as possible within the scope of monetary policy action, to "promote the economic and financial welfare of Canada."
    Content Type(s): Press, Speeches
  • October 25, 2005

    Opening Statement before the House of Commons Standing Committee on Finance

    Opening Statement David Dodge House of Commons Standing Committee on Finance
    Past and recent movements in energy prices and in the exchange rate for the Canadian dollar, along with competitive pressures from China and other newly industrialized economies, are giving rise to significant ongoing adjustments in the Canadian economy. Given these adjustments and the slow growth of productivity in recent years, the Bank has slightly reduced its estimate of potential output growth for 2005 and 2006.
    Content Type(s): Press, Speeches
  • October 20, 2005

    Release of the Monetary Policy Report

    Opening Statement David Dodge
    In the report, we said that the global and Canadian economies have continued to grow at a solid pace, and our economy now appears to be operating at full production capacity. Past and recent movements in energy prices and in the exchange rate for the Canadian dollar, along with competitive pressures from China and other newly industrialized economies, are giving rise to significant ongoing adjustments in the Canadian economy.
    Content Type(s): Press, Speeches

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