January 25, 2007
Dodge discusses monetary policy and the economy, calls for stronger IMF
"This simple paradigm is very helpful because monetary policy works better when it is understood," the Governor said.
Toronto, Ontario
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January 25, 2007
Monetary Policy and Developments in the Global and Canadian Economies
The Bank of Canada has been around for over 70 years. Throughout this period, the Bank has had one over-arching mandate: to promote the economic and financial welfare of Canadians. Over the years, we have learned that the best contribution that monetary policy can make in this regard is to give Canadians confidence in the future value of their money. -
December 11, 2006
Dodge Urges Action on Improving Financial System Efficiency
Canada's macroeconomic policies are second to none in supporting financial system efficiency, but work is needed to bring the country's structural policies up to that level, Bank of Canada Governor David Dodge said today. -
December 11, 2006
Improving Financial System Efficiency: The Need for Action
The FSR reports on developments and trends in financial systems here and abroad, summarizes recent research by Bank staff on financial sector policies, and promotes discussion of how to strengthen our financial system. In short, the goal of the FSR is to improve financial system efficiency and stability. -
November 28, 2005
Investing in Productivity
Measures of productivity tell us how much output we produce from the use of tangible inputs - such as skilled workers and capital equipment - and intangible inputs - such as technological advances and managerial and entrepreneurial know-how. Productivity rises over time as we boost output by finding new and more efficient ways to use these inputs. -
November 28, 2005
Governor Dodge Discusses Investing in Productivity
Improving Canada's productivity performance requires more efficient allocation of labour and capital resources, and continued innovation in both products and production processes, Bank of Canada Governor David Dodge said today at a conference organized by the Canadian Council for Public-Private Partnerships. -
September 22, 2005
Governor Dodge Discusses How Regulation Can Improve Financial System Efficiency
Bank of Canada Governor David Dodge today said that the pursuit of financial system efficiency is an important way for regulators to "best serve the public and contribute to sustainable economic growth and prosperity in Canada." -
September 22, 2005
Financial System Efficiency: Getting the Regulatory Framework Right
The Bank of Canada has been contributing to the goal of an efficient financial system in a number of ways. The Bank's monetary policy aims to keep inflation low, stable, and predictable. -
March 30, 2005
Canada's Competitiveness: The Importance of Investing in Skills
Productivity plays a critical role when it comes to our national standard of living. Productivity growth is the main element that contributes to continued improvements in real incomes and overall prosperity. Rising productivity lets businesses pay higher wages, while keeping costs down, employment high, and profits coming in. That's why economists like me spend a lot of time thinking about ways to improve the productivity of our economy. -
December 9, 2004
Financial System Efficiency: A Canadian Imperative
When I talk about the "financial system," I am referring to financial institutions and markets, the infrastructure, laws, and regulations that govern and support their operations, and the macroeconomic framework within which they operate. My message for you is that improving the efficiency of Canada's financial system is imperative.