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October 7, 1997

Challenges ahead for monetary policy

Remarks Gordon Thiessen Vancouver Board of Trade Vancouver, British Columbia
Today, I would like to talk about some of the important issues and challenges facing monetary policy in the period ahead and how the Bank of Canada proposes to deal with them. This is not an unusual topic for me since the business of central banking is seldom without challenges. But what a difference the past two years have made to the challenges we face!
Content Type(s): Press, Speeches
September 16, 1997

The recent economic record in Canada and the challenges ahead for monetary policy

Remarks Gordon Thiessen New England-Canadian Business Council Boston, Massachusetts
It has been a little over two years since my last public speech to an audience in the United States. During this time, a lot has happened in terms of economic developments in our two countries. One thing that continues to impress me is the remarkable performance of the U.S. economy, which has achieved six years of steady economic expansion, with high rates of job creation and low inflation.
Content Type(s): Press, Speeches
June 18, 1997

The Canadian economy: Challenges and prospects

Remarks Gordon Thiessen la Chambre de commerce et d'industrie du Québec métropolitain Québec, Québec
Once a year, the Bank of Canada's Board of Directors meets outside Ottawa, alternating among the provinces. I am delighted that this year's out-of-town meeting has brought us to the beautiful and historic city of Quebec. I would like to take this opportunity to talk to you about recent developments in our economy.
Content Type(s): Press, Speeches
May 30, 1997

Flexible Exchange Rates in a World of Low Inflation

Remarks Gordon Thiessen FOREX '97 Conference Toronto, Ontario
There is a good deal of discussion these days about Economic and Monetary Union (EMU) in Europe - about the benefits and difficulties of organizing such a union. However, today I would like to examine a somewhat different issue, one that is at the other end of the spectrum; namely, How is the international system of flexible exchange rates working these days?
Content Type(s): Press, Speeches
March 21, 1997

Monetary Policy and the Prospects for a Stronger Canadian Economy

Remarks Gordon Thiessen Canadian Association for Business Economics and the Ottawa Economics Association Ottawa, Ontario
Anyone who has read our last Monetary Policy Report, the winter issue of the Bank of Canada Review, or our just-released Annual Report knows that the Bank has been positive about Canada's economic outlook. Basically, we are looking for a solid pickup in the pace of economic expansion in coming months, with inflation remaining low. And, with improvements in the basic foundation of our economy, we see the potential for sustained good economic performance over the medium term.
Content Type(s): Press, Speeches