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.
Speeches
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January 21, 2010
Release of the Monetary Policy Report
Paul and I are pleased to be here with you today to discuss the January Monetary Policy Report, which we published this morning. -
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. -
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October 28, 2009
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
While conditions in the Canadian economy have improved since we met with you in May, many of the basic challenges remain. Before Paul and I take your questions, allow me to outline some of the highlights from our latest Monetary Policy Report, which the Bank released last week. -
October 27, 2009
Opening Statement before the House of Commons Standing Committee on Finance
While conditions in the Canadian economy have improved since we met with you in February and April, many of the basic challenges remain. Before Paul and I take your questions, I would like to give you some of the highlights from our latest Monetary Policy Report, released last week. -
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 22, 2009
Release of the Monetary Policy Report
Recent indicators point to the start of a global recovery. Economic and financial developments have been somewhat more favourable than we expected in July, although significant fragilities remain.