July 28, 1997
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June 26, 1997
Bank Rate Raised 1/4 of a Percentage PointThe Bank of Canada indicated today that it had raised the Bank Rate by 1/4 of one percentage point to 3 1/2 per cent.
June 18, 1997
The Canadian economy: Challenges and prospectsOnce a year, the Bank of Canada's Board of Directors meets outside Ottawa, alternating among the provinces. I am delighted that this year's out-of-town meeting has brought us to the beautiful and historic city of Quebec. I would like to take this opportunity to talk to you about recent developments in our economy.
May 30, 1997
Flexible Exchange Rates in a World of Low InflationThere is a good deal of discussion these days about Economic and Monetary Union (EMU) in Europe - about the benefits and difficulties of organizing such a union. However, today I would like to examine a somewhat different issue, one that is at the other end of the spectrum; namely, How is the international system of flexible exchange rates working these days?
April 23, 1997