Media Relations

Bank of Canada Governor David Dodge today reviewed the economic adjustments that Canadians made through the 1990s and talked about the adjustments that will be necessary in coming decades.

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent.

On the 25th anniversary of the end of wage and price controls under the Anti-Inflation Board, Governor David Dodge today explored the effects of low inflation on the performance of Canadian labour markets.

Bank of Canada Governor David Dodge corrects a misstatement he made in responding to a question yesterday relating to what he heard at the G-20 meeting about U.S. growth and how it might affect Bank of Canada projections.

Since the April Monetary Policy Report, the Canadian economy has been hit by a number of unusual shocks: SARS, BSE, the Ontario electricity blackout, and the severe forest fires in British Columbia.