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June 11, 1998

The outlook for the Canadian economy and monetary policy

Remarks Bernard Bonin The Canadian Association of Financial Planners Québec, Québec
In mid-May we published our semi-annual Report on monetary policy, covering data up to April 24th. That means we now have new data available for the last two months. Furthermore, our report also pointed to a much greater-than-usual degree of uncertainty about the outlook for the Canadian economy.
May 28, 1998

Opening Statement before the House of Commons Standing Committee on Finance

Opening statement Gordon Thiessen House of Commons Standing Committee on Finance
Mr. Chairman, my colleagues and I are pleased to appear before your committee on a regular basis following the release of the Bank of Canada's Monetary Policy Report. It gives us a chance to discuss with you a range of economic and monetary issues. More generally, our semi-annual Report and sessions such as this one […]
May 27, 1998

Globalized Financial Markets and Monetary Policy

Remarks Gordon Thiessen La Conférence de Montréal Montréal, Quebec
Globalization - that is, the growing integration and interdependence of national economies - is changing dramatically the economic landscape. Countries are trading more goods and services, an increasing number of firms now operate across national borders, and savers and borrowers have greater access than ever before to global financial markets.
May 13, 1998

Release of the Monetary Policy Report

Opening statement Gordon Thiessen
This morning we released our seventh Monetary Policy Report. Since the release of our last Report in November, there have been an unusual number of international and domestic developments which have had important economic and financial consequences. Among the most important events have been the crisis in Asia, declines in commodities prices, and the persistent […]
April 23, 1998

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

Opening statement Gordon Thiessen Standing Senate Committee on Banking, Trade and Commerce
My colleagues and I look forward to our yearly appearance before your committee because it gives us an opportunity to present an account of how the Bank has worked to fulfil its objectives over the past year. It is also an opportunity for a discussion with you on a range of economic and monetary issues. […]