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1210 result(s)

May 4, 2007

The Importance of Appropriate Exchange Rate Regimes

Remarks David Dodge ACI - The Financial Markets Association Montréal, Quebec
Why do I think that such an order is so important? Well, in part it's because history has helped to demonstrate its virtues. But it's also extremely important to bear in mind the context, that is, the world in which we live today. This is a world in which adjustment is perpetual, where change is driven by the development of new technologies, where sectors and nations continually attempt to secure some new advantage. And in this world, price signals from markets help us to understand what adjustments are needed.
May 2, 2007

Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

Opening statement David Dodge Standing Senate Committee on Banking, Trade and Commerce
In our latest Monetary Policy Report, which we released last Thursday, we noted that Canada's economic growth did indeed slow, but recently, inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year.
May 1, 2007

Opening Statement before the House of Commons Standing Committee on Finance

Opening statement David Dodge House of Commons Standing Committee on Finance
In our latest Monetary Policy Report, which we released last Thursday, we noted that Canada's economic growth did indeed slow, but recently, inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year.
April 26, 2007

Release of the Monetary Policy Report

Opening statement David Dodge
Growth of the Canadian economy has been essentially in line with the Bank's expectations as set out in the January Monetary Policy Report Update. But inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year.
April 12, 2007

Dealing with Uncertainty in the Conduct of Monetary Policy

Remarks Sheryl Kennedy Montréal CFA Society Montréal, Quebec
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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