News
-
December 12, 2005
Our Approach to Monetary Policy: Inflation Targeting
This year also marks the 70th anniversary of the creation of the Bank of Canada, and we too have taken the time to celebrate our contributions to Canada. At such times, while it is appropriate to look back and celebrate history and accomplishments, it is also a good opportunity to look forward and think about where we are headed. In this spirit, I'd like to talk to you today about one of our main responsibilities; that is, the conduct of monetary policy. -
December 12, 2005
Governor Dodge Reviews Canada's Inflation-Targeting Framework
In a speech to the Regina Chamber of Commerce, Bank of Canada Governor David Dodge said that Canada's economic record over the past 15 years demonstrates the value of focusing monetary policy on keeping inflation low, stable, and predictable. -
December 6, 2005
Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/4 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/4 per cent.