March 21, 2005
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February 17, 2005
Monetary Policy and Exchange Rate Movements
Every year, the Canadian Press surveys news directors and editors to select the top business story of the year. In 2004, they picked the rise of the Canadian dollar. That was not a surprising choice.
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January 27, 2005
Release of the Monetary Policy Report Update
Opening statement
David Dodge
The outlook for the Canadian economy continues to be shaped by global developments, including the realignment of world currencies. The near-term outlook for the global economy is a touch weaker than projected in the October Report, but more solidly based because of somewhat lower oil prices and greater confidence in the momentum of the U.S. economy.
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Opening statements
December 9, 2004
Financial System Efficiency: A Canadian Imperative
When I talk about the "financial system," I am referring to financial institutions and markets, the infrastructure, laws, and regulations that govern and support their operations, and the macroeconomic framework within which they operate. My message for you is that improving the efficiency of Canada's financial system is imperative.
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November 24, 2004
Opening Statement before the Senate Committee on Banking, Trade and Commerce
The Canadian economy grew faster in the first half of the year than we had projected, largely because of a surge in exports. The economy is now operating near its production capacity and continues to adjust to global developments.
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