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May 26, 1999

Opening Statement before the Standing Committee on Finance of the House of Commons

Opening statement Gordon Thiessen Standing Committee on Finance of the House of Commons
It is always a pleasure to appear before your Committee following the publication of our Monetary Policy Report. We released our ninth Report last Wednesday. The Bank of Canada began publishing these Reports on a semi-annual basis four years ago, as part of our effort to increase the transparency and accountability of the Bank's conduct of monetary policy.
May 19, 1999

Release of the Monetary Policy Report

Opening statement Gordon Thiessen
This morning we released our ninth Monetary Policy Report. The economic and financial situation is much improved since our previous Report in November. Financial markets have steadied in Southeast Asia, and prospects are good for a gradual recovery there. In Brazil, the authorities have taken major steps to address their difficulties. Overall, global financial markets […]
May 4, 1999

Global financial turbulence and the Canadian economy

Remarks Gordon Thiessen La Chambre de commerce de la région sherbrookoise Sherbrooke, Quebec
The world economy and Canada have had to navigate some difficult straits in the past couple of years. But we have made it through. And considering the tide from the Asian financial crisis that washed around the world, the Canadian economy has coped better this time around than in the past.