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May 3, 2006

Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

Opening statement David Dodge Standing Senate Committee on Banking, Trade and Commerce
Total and core inflation were projected to average close to 2 per cent, beginning in the second half of this year. This projection assumed oil prices at roughly US$64 per barrel, a level then indicated by futures prices. Our projection also assumed stable commodity prices, government spending that was growing roughly in line with revenues, and a Canadian dollar continuing to trade in a range of 85 to 87 cents U.S.
April 4, 2006

The Conduct of Monetary Policy: Dealing with Changes in the Terms of Trade

Remarks Pierre Duguay School of Business, Okanagan College Kelowna, British Columbia
The ultimate goal of Canadian monetary policy is to help our economy achieve its maximum sustainable growth, and thus contribute to rising living standards for Canadians. The best way to achieve this goal, we've learned from experience, is to keep inflation low, stable, and predictable.
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