July 19, 2006
Press
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July 19, 2006
Governor Dodge Says Good Policies Can Help Smooth Global Economic Adjustments
The strong global growth of recent years is beginning to slow to a more sustainable pace and the right economic policies can help the process unfold smoothly, Bank of Canada Governor David Dodge said in a speech today to the Chile-Canada Chamber of Commerce. -
July 13, 2006
Release of the Monetary Policy Report Update
Overall, the Bank's outlook for growth and inflation in Canada is largely unchanged from that in its April Monetary Policy Report (MPR). Growth in the first half of 2006 appears to have been a little stronger than projected, and the Canadian dollar has traded in a higher range than was envisaged in the April MPR. -
July 13, 2006
Bank of Canada releases Monetary Policy Report Update
The Bank of Canada today released its July Monetary Policy Report Update, which discusses current economic and financial trends in the context of Canada's inflation-control strategy. -
July 11, 2006
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. -
June 29, 2006
What Monetary Policy Can and Cannot Do
As Canada's central bank, we are committed to conduct monetary policy in a way that fosters confidence in the value of money. This is our primary responsibility. But the Bank has a number of other functions that are very important to economic life in Canada. We promote the safety and soundness of the financial system. -
June 28, 2006
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Professor Steve Ambler to the position of Special Adviser for the year 2006-07. -
June 21, 2006
Global Economic Forces and the Need for Adjustment
Since the start of the millennium, developments in the global economy have led to important changes throughout the Canadian economy and to serious challenges for many sectors and regions. Because nobody can anticipate precisely how the world will unfold, the best we can do is to ensure that our economy is as flexible as possible. -
June 21, 2006
Governor Dodge Says Canadian Businesses Are Making Needed Adjustments
Powerful developments and trends in the global economy mean that Canadian businesses need to make adjustments, Bank of Canada Governor David Dodge said today. -
June 8, 2006
Floating Dollar, Anchored Inflation: The Role of the Exchange Rate in Canada's Monetary Policy Framework
The two key components of the Bank's monetary policy framework are an "anchor," the inflation target, and a "float," the flexible exchange rate. Living by the ocean, you know better than I that a good mooring is one that keeps a boat in place, yet allows some give and take for the wind and the tide.