June 28, 2007 Governor's comment on resignation of IMF's Managing Director Rodrigo de Rato Mr. de Rato has been a strong leader and a driving force behind renewing the IMF to meet the global challenges of the 21st century. We at the Bank of Canada are very sorry that he will be leaving. His departure will be a big loss for the international community. Content Type(s): Press, Market notices
June 22, 2007 Advertisement for position of Governor of the Bank of Canada The principal mission of the Bank of Canada is the formulation and implementation of Canada's national monetary policy to promote the economic and financial welfare of the country. Content Type(s): Press, Announcements
June 21, 2007 Global Integration, Monetary Policy, and the International Monetary System Remarks Tiff Macklem Winnipeg CFA Society Winnipeg, Manitoba Now, Manitoba – right in the middle of our vast country – might seem an odd place to talk about globalization. But this province, like the rest of Canada, is very much affected by global economic forces. Content Type(s): Press, Speeches and appearances, Remarks
June 19, 2007 Change to the Official Time Base Reference Period for the Canadian Consumer Price Index: Implications for Government of Canada Real Return Bonds Today, along with the release of the consumer price index (CPI) for May 2007, Statistics Canada converted the official time base reference period for the CPI (the period for which the value 100 is assigned to the index) from 1992 to 2002 . This conversion was previously announced on 23 January 2007. Content Type(s): Press, Market notices
June 13, 2007 Demographics, Labour Input, and Economic Potential: Implications for Monetary Policy Remarks David Dodge St. John's Board of Trade St. John's, Newfoundland and Labrador Over the years, we at the Bank of Canada have learned that the best contribution that monetary policy can make to the economic welfare of Canadians is to keep inflation low, stable, and predictable. We try to keep the annual increase in consumer price inflation at 2 per cent, which is the middle of a 1 to 3 per cent inflation-control range. Content Type(s): Press, Speeches and appearances, Remarks
June 13, 2007 Governor Dodge Discusses the Implications of Demographics on Monetary Policy Media Relations St. John's, Newfoundland and Labrador Demographic trends and the effect of Canada's aging population have begun to have an impact on the Canadian monetary policy, Bank of Canada Governor David Dodge said today. Content Type(s): Press, Press releases
May 29, 2007 Bank of Canada keeps target for the overnight rate at 4 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. Content Type(s): Press, Press releases
May 21, 2007 Making Global Economic Institutions Work – What the World Needs Now Remarks David Dodge Chicago Council on Global Affairs Chicago, Illinois For 85 years, the Council has promoted the idea that the United States should take a leading role in addressing global challenges. And it has done so consistently through the years, even during times when isolationism was more fashionable. Content Type(s): Press, Speeches and appearances, Remarks
May 21, 2007 Governor Dodge Says Leadership Needed to Strengthen International Institutions Media Relations Chicago, Illinois The global economy could run more smoothly if G-7 countries showed the leadership that would strengthen international financial institutions, Bank of Canada Governor David Dodge said today. Content Type(s): Press, Press releases
May 17, 2007 The Bank of Canada's Target for the Overnight Interest Rate: Policy Implementation Framework The Bank of Canada has released The Bank of Canada's Target for the Overnight Interest Rate: Policy Implementation Framework. This document outlines the framework within which the Bank implements monetary policy, including the target for the overnight interest rate, the operating band, open market buyback operations, and settlement balances. Content Type(s): Press, Market notices