November 12, 2002 Staying the Course Remarks David Dodge a panel discussion at the Banco de México Mexico City, Mexico The dramatic events of the last two years and growing concern about the near-term prospects for the global economy have created a climate in which policy-makers focus only on current economic developments and lose sight of longer-term goals. Content Type(s): Press, Speeches and appearances, Remarks
October 24, 2002 Release of the Monetary Policy Report Opening statement David Dodge Press conference in New York The Canadian economy has been expanding strongly so far this year and is now operating fairly close to its full production capacity. Consumer price inflation has risen above the 2 per cent target and is expected to rise further before year-end because of high oil prices and a number of other relative price movements. Content Type(s): Press, Speeches and appearances, Opening statements
October 23, 2002 Bank of Canada releases its October Monetary Policy Report Media Relations Ottawa, Ontario Today, the Bank of Canada released its October Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
October 23, 2002 Opening Statement before the House of Commons Standing Committee on Finance Opening statement David Dodge House of Commons Standing Committee on Finance The Canadian economy has been expanding strongly so far this year and is now operating fairly close to its full production capacity. Consumer price inflation has risen above the 2 per cent target and is expected to rise further before year-end because of high oil prices and a number of other relative price movements. Content Type(s): Press, Speeches and appearances, Opening statements
October 23, 2002 Release of the Monetary Policy Report Opening statement David Dodge Today, we released our October Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Speeches and appearances, Opening statements
October 17, 2002 Governor Discusses Role of Productivity in Canada's Prosperity Media Relations Québec, Québec In this context, he focused on the critical role that higher productivity plays in supporting real income growth and improved standards of living over time. Content Type(s): Press, Press releases
October 17, 2002 The Search for Higher Productivity Remarks David Dodge Chambre de commerce de Québec Québec, Québec Given the extent of uncertainty in the world today, we are all naturally preoccupied with near-term issues and prospects. That's understandable. But, at the same time, it's critical that we look past the short-term to the longer-term trends and potential of our economy. Content Type(s): Press, Speeches and appearances, Remarks
October 16, 2002 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. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 per cent. Content Type(s): Press, Press releases
October 5, 2002 Dollarization and North American Integration Remarks David Dodge Chambre de commerce du Québec Sherbrooke, Quebec The question before us sounds straightforward: "Should Canada adopt the U.S. dollar?" But the issues are complicated. I will not pretend that I can cover all the nuances of this topic in my allotted time. So I am running the risk that I may oversimplify matters. Content Type(s): Press, Speeches and appearances, Remarks
September 20, 2002 The Bank of Canada Securities-Lending Program On 23 April 2002, the Bank of Canada announced its intention to implement a securities-lending program to support the liquidity of Government of Canada securities by providing a secondary and temporary source of securities to the market. The Bank intends to implement this program on 30 September 2002. Content Type(s): Press, Market notices