Press

• July 10, 2007

  Bank of Canada raises overnight rate target by 1/4 percentage point to 4 1/2 per cent

  Media Relations Ottawa, Ontario

  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 1/2 per cent.

  Content Type(s): Press, Press releases
• June 28, 2007

  Governor's comment on resignation of IMF's Managing Director Rodrigo de Rato

  Mr. de Rato has been a strong leader and a driving force behind renewing the IMF to meet the global challenges of the 21st century. We at the Bank of Canada are very sorry that he will be leaving. His departure will be a big loss for the international community.

  Content Type(s): Press, Market notices
• June 22, 2007

  Advertisement for position of Governor of the Bank of Canada

  The principal mission of the Bank of Canada is the formulation and implementation of Canada's national monetary policy to promote the economic and financial welfare of the country.

  Content Type(s): Press, Announcements
• June 21, 2007

  Global Integration, Monetary Policy, and the International Monetary System

  Remarks Tiff Macklem Winnipeg CFA Society Winnipeg, Manitoba

  Now, Manitoba – right in the middle of our vast country – might seem an odd place to talk about globalization. But this province, like the rest of Canada, is very much affected by global economic forces.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 19, 2007

  Change to the Official Time Base Reference Period for the Canadian Consumer Price Index: Implications for Government of Canada Real Return Bonds

  Today, along with the release of the consumer price index (CPI) for May 2007, Statistics Canada converted the official time base reference period for the CPI (the period for which the value 100 is assigned to the index) from 1992 to 2002 . This conversion was previously announced on 23 January 2007.

  Content Type(s): Press, Market notices
• June 13, 2007

  Demographics, Labour Input, and Economic Potential: Implications for Monetary Policy

  Remarks David Dodge St. John's Board of Trade St. John's, Newfoundland and Labrador

  Over the years, we at the Bank of Canada have learned that the best contribution that monetary policy can make to the economic welfare of Canadians is to keep inflation low, stable, and predictable. We try to keep the annual increase in consumer price inflation at 2 per cent, which is the middle of a 1 to 3 per cent inflation-control range.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 13, 2007

  Governor Dodge Discusses the Implications of Demographics on Monetary Policy

  Media Relations St. John's, Newfoundland and Labrador

  Demographic trends and the effect of Canada's aging population have begun to have an impact on the Canadian monetary policy, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases
• May 29, 2007

  Bank of Canada keeps target for the overnight rate at 4 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent.

  Content Type(s): Press, Press releases
• May 21, 2007

  Making Global Economic Institutions Work – What the World Needs Now

  Remarks David Dodge Chicago Council on Global Affairs Chicago, Illinois

  For 85 years, the Council has promoted the idea that the United States should take a leading role in addressing global challenges. And it has done so consistently through the years, even during times when isolationism was more fashionable.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 21, 2007

  Governor Dodge Says Leadership Needed to Strengthen International Institutions

  Media Relations Chicago, Illinois

  The global economy could run more smoothly if G-7 countries showed the leadership that would strengthen international financial institutions, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases