April 26, 2007
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April 12, 2007
Dealing with Uncertainty in the Conduct of Monetary Policy
The main goal of monetary policy is to help the country achieve strong, sustainable economic performance, and, in doing so, to contribute to rising living standards for Canadians. Experience has shown that the best way for a central bank to meet this goal, given the instruments at its disposal, is by keeping inflation low and stable. Low and stable inflation increases confidence in the future value of money, and allows for clear price signals.
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March 29, 2007
Promoting Sound Economic Policies Globally and Locally
In my opinion, much of this performance can be credited to the increasingly widespread acceptance of the need for a liberalized worldwide financial and trade order. Many countries that once closed themselves to the outside world are now actively engaged in the global economy.
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March 22, 2007
Promoting Economic Flexibility: A Shared Responsibility
These remarks are based on a to the Vancouver Board of Trade, 13 September 2006.
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March 8, 2007
Meeting Global Economic Challenges: The Need for Flexibility
Our primary objective at the Bank is to promote the economic and financial welfare of Canadians. Over the years, we have learned that the best contribution that monetary policy can make in this regard is to give Canadians confidence in the future value of their money. We do this by keeping inflation low, stable, and predictable.
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