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Bank of Canada RSS Feedsen2024-03-28T17:52:55+00:00Opening Statement before the House of Commons Standing Committee on Industry, Science and Technology
https://www.bankofcanada.ca/2006/05/opening-statement-30-may-2006/
The Bank of Canada Act calls on us to "mitigate … fluctuations in the general level of production, trade, prices and employment, so far as may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of Canada." Over time, it has become clear that the best way for us to fulfill this mandate is to keep inflation low, stable, and predictable.2006-05-30T11:43:06+00:00Opening Statement before the House of Commons Standing Committee on Industry, Science and Technology2006-05-30David DodgeBank of Canada raises overnight rate target by 1/4 percentage point to 4 1/4 per cent
https://www.bankofcanada.ca/2006/05/bank-canada-raises-overnight-rate-6/
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 4 1/4 per cent.2006-05-24T12:12:43+00:00enBank of Canada raises overnight rate target by 1/4 percentage point to 4 1/4 per cent2006-05-24The Crucial Contribution of the Financial System and Monetary Policy to Economic Development
https://www.bankofcanada.ca/2006/05/crucial-contribution-financial-system/
Many analysts have examined the relationship between the financial system and economic development. They have uncovered some interesting facts regarding the characteristics of the financial system - characteristics that contribute to the best possible allocation of savings to productive investments, which are themselves engines of economic growth.2006-05-05T16:17:00+00:00The Crucial Contribution of the Financial System and Monetary Policy to Economic Development2006-05-05David LongworthOpening Statement before the Standing Senate Committee on Banking, Trade and Commerce
https://www.bankofcanada.ca/2006/05/opening-statement-03-may-2006/
Total and core inflation were projected to average close to 2 per cent, beginning in the second half of this year. This projection assumed oil prices at roughly US$64 per barrel, a level then indicated by futures prices. Our projection also assumed stable commodity prices, government spending that was growing roughly in line with revenues, and a Canadian dollar continuing to trade in a range of 85 to 87 cents U.S.2006-05-03T16:05:33+00:00Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce2006-05-03David Dodge