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
Remarks
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February 17, 2010
Bank of Canada Liquidity Facilities: Past, Present, and Future
Thank you for inviting me here today. It is a pleasure to be with you. This afternoon, I would like to talk about liquidity and the role of the Bank of Canada. -
February 4, 2010
The Coming Thaw
It is a pleasure to be here in Winnipeg. Today, I intend to elaborate on elements of the Bank of Canada's economic outlook. -
January 11, 2010
Canada's Housing Sector in Recession and Recovery: Beyond Bricks and Mortar
The beginning of a new year is a good time for reflection – a chance to look back over the past 12 months and consider what may lie ahead. Certainly, 2009 saw remarkable economic and financial upheaval around the world, which plunged Canada into a severe recession. -
December 16, 2009
Current Issues in Household Finances
As the holiday season approaches, our attention turns naturally to the home front. Accordingly, my comments this afternoon will focus on households. I would like to concentrate in particular on the implications of Canadian household finances for financial stability in our country. -
November 19, 2009
The Evolution of the International Monetary System
In response to the worst financial crisis since the 1930s, policy-makers around the globe are providing unprecedented stimulus to support economic recovery and are pursuing a radical set of reforms to build a more resilient financial system. -
October 26, 2009
Reforming the Global Financial System
After briefly reviewing the current macrofinancial environment, I intend to concentrate on the G-20 reform agenda. The financial crisis has cost tens of millions of jobs and trillions of dollars in foregone output. -
October 8, 2009
Central Banking in Canada: Meeting Today's and Tomorrow's Challenges
Indeed, the global financial crisis of the past two years has presented unique, stressful challenges that have forced us all to assess what has worked well and what needs to change. Today, I would like to review some of the critical thinking around these issues, primarily from the perspective of our work at the Bank of Canada. -
September 28, 2009
The Three Rs: Review, Reflect, and Reaffirm
September is a time to review the past, reflect on the present, and reaffirm goals for the future. Like students who returned to school this month, I will follow this annual discipline today by (i) reviewing the extraordinary events of the past year; (ii) reflecting on the policy response and the current economic outlook; and (iii) reaffirming the Bank of Canada's commitment to price stability. -
September 23, 2009
Promoting Canada's economic and financial well-being
The Bank's mandate is to promote Canada's economic and financial well-being. Clearly, this is an important mandate, and we are determined to demonstrate excellence as we work to fulfill it.