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May 1, 2007

Opening Statement before the House of Commons Standing Committee on Finance

Opening statement David Dodge House of Commons Standing Committee on Finance
In our latest Monetary Policy Report, which we released last Thursday, we noted that Canada's economic growth did indeed slow, but recently, inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year.
April 26, 2007

Release of the Monetary Policy Report

Opening statement David Dodge
Growth of the Canadian economy has been essentially in line with the Bank's expectations as set out in the January Monetary Policy Report Update. But inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year.
April 17, 2007

Update of Securities Eligible as collateral under the Bank of Canada's Standing Liquidity Facility

Effective immediately, the Bank of Canada has updated its list of securities eligible as collateral under the Standing Liquidity Facility to include foreign issuer Canadian dollar securities. Foreign issuer securities are subject to the conditions and margins as identified in the Bank's collateral policy as posted on the Bank of Canada website.
Content Type(s): Press, Market notices
April 12, 2007

Dealing with Uncertainty in the Conduct of Monetary Policy

Remarks Sheryl Kennedy Montréal CFA Society Montréal, Quebec
The main goal of monetary policy is to help the country achieve strong, sustainable economic performance, and, in doing so, to contribute to rising living standards for Canadians. Experience has shown that the best way for a central bank to meet this goal, given the instruments at its disposal, is by keeping inflation low and stable. Low and stable inflation increases confidence in the future value of money, and allows for clear price signals.
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