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May 18, 2001

Bank releases background information on renewal of the inflation-control target

The Bank of Canada today released the document Renewal of the Inflation-Control Target: Background Information, which provides additional details on the target arrangements and on how the Bank plans to implement them in order to increase the predictability of inflation over the longer term. This release follows the announcement yesterday by the Government of Canada and the Bank that the inflation-control target is being renewed for a period of five years to the end of 2006.
Content Type(s): Press, Press releases
May 17, 2001

Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target

The objective of Canada's monetary policy is to support and advance national economic well-being by contributing to sustained economic growth, rising levels of employment and improved living standards. The best contribution monetary policy can make to securing this outcome is to preserve confidence in the value of money by providing individuals and businesses with the certainty of a stable, low-inflation environment for their economic decisions.
Content Type(s): Press, Press releases
May 1, 2001

Release of the Monetary Policy Report

Opening statement David Dodge
This morning, we released our spring 2001 Monetary Policy Report. In the six months since the November 2000 Report, the pace of economic expansion in Canada has slackened, primarily because the economic slowdown in the United States has been more pronounced than anticipated. The extent of the easing in economic activity in Canada is the […]
April 20, 2001

Governor talks about the Bank of Canada's contribution to monetary and financial stability and about the current economic situation

n a speech today to The Vancouver Board of Trade, Governor David Dodge said that the Bank of Canada contributes to the economic well-being of Canadians by preserving confidence in the value of money and by promoting the safety and soundness of Canada's financial system.
Content Type(s): Press, Press releases
April 20, 2001

The Bank of Canada's Contribution to the Economic Well-Being of Canadians

Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia
The Bank of Canada has a commitment to contribute to the economic well-being of Canadians. In other words, we must conduct monetary policy so that it fosters sustained economic growth. Fundamentally, this means creating conditions that favour rising employment and incomes, strong investment, and a more stable macroeconomic environment.
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