May 14, 2002
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May 9, 2002
Canadian Consul General's residence
In Canada, the economic weakness that we experienced was really concentrated in the third quarter of last year, particularly in September. The terrorist attacks in September created a great deal of uncertainty, and so the Bank of Canada, like the U.S. Federal Reserve, provided an extraordinary amount of stimulus by aggressively lowering interest rates.
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April 30, 2002
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
To counter that uncertainty and bolster consumer and business confidence, the Bank of Canada moved aggressively to provide monetary stimulus. Between last September and January 2002, we lowered interest rates by 200 basis points, bringing the total reduction since January 2001 to 375 basis points.
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April 26, 2002
The Interaction Between Monetary and Fiscal Policies
Donald Gow had a great interest in public administration and in budgetary reform in the federal government.1 He was one in a long line of Queen's professors who have focused on various budgetary matters at the federal level.
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April 24, 2002
Opening Statement before the House of Commons Standing Committee on Finance
Opening statement
David Dodge
To counter that uncertainty and bolster consumer and business confidence, the Bank of Canada moved aggressively to provide monetary stimulus. Between last September and January 2002, we lowered interest rates by 200 basis points, bringing the total reduction since January 2001 to 375 basis points.
Content Type(s):
Press,
Speeches and appearances,
Opening statements