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3363 Results

April 4, 2006

The Conduct of Monetary Policy: Dealing with Changes in the Terms of Trade

Remarks Pierre Duguay School of Business, Okanagan College Kelowna, British Columbia
The ultimate goal of Canadian monetary policy is to help our economy achieve its maximum sustainable growth, and thus contribute to rising living standards for Canadians. The best way to achieve this goal, we've learned from experience, is to keep inflation low, stable, and predictable.
March 9, 2006

Renewing the IMF: Some Lessons from Modern Central Banking

Remarks Tiff Macklem Global Interdependence Center Philadelphia, Pennsylvania
As economies have become more interconnected through trade and financial flows in a truly global marketplace, economic developments in one location can quickly have repercussions on the other side of the globe. In 1997, what began as a currency devaluation in Thailand became a crisis with repercussions not just in Asia, but in countries as far away as Russia, Brazil, and Canada.
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