Press releases

The global economy could run more smoothly if G-7 countries showed the leadership that would strengthen international financial institutions, Bank of Canada Governor David Dodge said today.

Policy-makers need to make sure that Canada's system of private pensions provides the right incentives for risk to be managed appropriately, Bank of Canada Governor David Dodge said today.

A flexible exchange rate regime can help an economy adjust to shocks, and can be an important part of a market-based, liberalized trade and financial order, said Bank of Canada Governor David Dodge.

The Bank of Canada today released its April Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.

Governor David Dodge has informed the Bank of Canada's Board of Directors and the Minister of Finance that he will not seek a second term as Governor.

The Board of Directors of the Bank of Canada has initiated a process to find a replacement for the Governor of the Bank of Canada, David Dodge, whose seven year mandate will end on 31 January 2008. The following is the process leading to the appointment of a new Governor.

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent.

The Bank of Canada's Annual Report for 2006 was tabled in the House of Commons today.

In a speech to the Americas Society and the Council of the Americas, Bank of Canada Governor David Dodge said today that the United States and Canada should lead the effort to strengthen institutions such as the International Monetary Fund.

The Bank of Canada today announced that Professor Jean-Marie Dufour of the Université de Montréal is the recipient of the Bank's Research Fellowship for 2007.