January 22, 2004 Release of the Monetary Policy Report Update Opening statement David Dodge Three developments have led us to modify our outlook for economic growth and inflation in Canada, since our October Monetary Policy Report. These include: stronger-than-expected world economic activity, the continued sharp depreciation of the U.S. dollar against major world currencies (including the Canadian dollar), and a somewhat larger output gap in Canada at the end of 2003. Content Type(s): Press, Speeches and appearances, Opening statements
January 20, 2004 Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 1/2 per cent Media Relations Ottawa, Ontario Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 3/4 per cent. Content Type(s): Press, Press releases
January 16, 2004 Bank of Canada Announces Adviser Appointment Media Relations Ottawa, Ontario The Bank of Canada today announced the appointment of Pierre Godin to the position of adviser. The appointment is for an 18-month period; Mr. Godin will be joining the Bank in mid-March. Content Type(s): Press, Press releases
January 15, 2004 Canada's new $100 bank note to be unveiled on 28 January 2004 Ginette Crew Ottawa, Ontario Canada’s new $100 bank note will be unveiled on Wednesday, 28 January 2004, in Halifax. The first high denomination note in the Canadian Journey series will be unveiled by the Honourable John Efford, Minister of Natural Resources Canada, and David Dodge, Governor of the Bank of Canada. Content Type(s): Press, Press releases
December 18, 2003 Debt Strategy Consultations 2004/05 - Views Sought on Issues Relating to the Design and Operation of Government Domestic Debt Programs in 2004/05 and Beyond A consultation document on issues relating to the design and operation of the government's domestic debt programs for fiscal year 2004/05 and beyond, prepared jointly by the Department of Finance and the Bank of Canada, is being made public today. Content Type(s): Press, Market notices
December 8, 2003 Past Adjustments and Future Trends in the Canadian Economy Remarks David Dodge London Chamber of Commerce London, Ontario When giving a speech near the end of a year, it is common practice to look back over the past 12 months, consider what we have learned from the events and experiences of the year, and think a bit about what might lie ahead. I became Governor of the Bank of Canada in 2001 and, since that time, I have found myself saying at the end of each year, "Well, we won't see another year like that again." Content Type(s): Press, Speeches and appearances, Remarks
December 8, 2003 Governor Reviews Past Adjustments and Future Trends in the Canadian Economy Media Relations London, Ontario 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. Content Type(s): Press, Press releases
December 2, 2003 Bank of Canada keeps target for the overnight rate at 2 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. Content Type(s): Press, Press releases
November 20, 2003 Governor Says Low and Predictable Inflation Has Led to Better Labour Market Performance Media Relations St. John's, Newfoundland and Labrador 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. Content Type(s): Press, Press releases
November 20, 2003 Low and Predictable Inflation and the Performance of Canadian Labour Markets Lecture David Dodge Memorial University of Newfoundland St. John's, Newfoundland and Labrador The goal of Canadian monetary policy is to contribute to solid economic performance and rising living standards. The best way we can do this is by keeping inflation low, stable, and predictable. This has important implications for labour market performance. Content Type(s): Press, Speeches and appearances, Lectures