June 10, 2010
Speeches
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May 26, 2010
Senate Committee on National Finance
At year-end 2009, there were 1.8 billion bank notes in circulation, with a total value of $55.5 billion – approximately $1,630 per Canadian. The Bank of Canada is not responsible for coins. Decisions on coinage rest with the federal government, in particular, the Department of Finance, and with the Royal Canadian Mint. -
May 6, 2010
Is There a Commodity Curse? Lessons from the Past
As the title of the conference suggests, we have seen many boom-and-bust cycles in the commodity sector. This raises one obvious and central question: How can we avoid them in the future? -
April 29, 2010
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Good morning, Mr. Chairman and committee members. I am pleased to appear before this committee today to discuss the Bank of Canada’s views on the economy and our monetary policy stance. -
April 27, 2010
Opening Statement before the House of Commons Standing Committee on Finance
Good afternoon, Mr. Chairman and committee members. I am pleased to appear before this committee today to discuss the Bank of Canada’s views on the economy and our monetary policy stance. -
April 22, 2010
Release of the Monetary Policy Report
Good Morning. I am pleased to be here with you today to discuss the April Monetary Policy Report, which the Bank published this morning. -
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March 29, 2010
Beyond Recovery: Sustaining Economic Growth
John Maynard Keynes said the objective of "analysis is … to provide ourselves with an organized and orderly method of thinking out particular problems .… This is the nature of economic thinking." -
March 24, 2010
The Virtue of Productivity in a Wicked World
It is either brave or foolhardy of the Ottawa Economics Association to organize another conference around Canada's perennial challenges of demographics, productivity, and potential growth. -
March 11, 2010
Principles for Interesting Times
I would like to thank students from universities across Canada for joining me on this special day, the 75th anniversary of the Bank of Canada