May 19, 1999 Release of the Monetary Policy Report Opening statement Gordon Thiessen This morning we released our ninth Monetary Policy Report. The economic and financial situation is much improved since our previous Report in November. Financial markets have steadied in Southeast Asia, and prospects are good for a gradual recovery there. In Brazil, the authorities have taken major steps to address their difficulties. Overall, global financial markets […] Content Type(s): Press, Speeches and appearances, Opening statements
May 4, 1999 Global financial turbulence and the Canadian economy Remarks Gordon Thiessen La Chambre de commerce de la région sherbrookoise Sherbrooke, Quebec The world economy and Canada have had to navigate some difficult straits in the past couple of years. But we have made it through. And considering the tide from the Asian financial crisis that washed around the world, the Canadian economy has coped better this time around than in the past. Content Type(s): Press, Speeches and appearances, Remarks
April 20, 1999 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Gordon Thiessen Standing Senate Committee on Banking, Trade and Commerce Since we have recently tabled the Bank of Canada’s Annual Report in Parliament, I would also be happy to answer any questions you may have about our stewardship of the Bank. Content Type(s): Press, Speeches and appearances, Opening statements
March 22, 1999 Financial sector reform, the economy, and monetary policy Remarks Gordon Thiessen the Mennonite Savings and Credit Union Kitchener, Ontario I am delighted to be with you this evening to celebrate the 35th annual meeting of the Mennonite Savings and Credit Union. On this occasion, I propose to speak about the Canadian economy and monetary policy. But given this audience, I thought I might start with some remarks on the future of the Canadian financial sector - a subject that has certainly grabbed its share of headlines over the past year! Content Type(s): Press, Speeches and appearances, Remarks
March 11, 1999 Then and now: the change in views on the role of monetary policy since the Porter Commission Lecture Gordon Thiessen C.D. Howe Institute Toronto, Ontario Tony Hampson made a number of outstanding contributions to Canadian public life as well as having a successful business career. Many in this audience will be familiar with the fact that for a number of years he was Chairman of the C.D. Howe Institute's Policy Analysis Committee. Content Type(s): Press, Speeches and appearances, Lectures
January 20, 1999 The euro: Its economic implications and its lessons for Canada Remarks Gordon Thiessen Canadian Club of Ottawa Ottawa, Ontario We have just witnessed the dawn of a new era in Europe. Beginning this month, 11 of the 15 member countries of the European Union have joined in a currency union. And they are using the euro as their common currency. The currency union is yet another step on the road to greater economic, social, and political integration in Europe - a vision some 50 years in the making. Content Type(s): Press, Speeches and appearances, Remarks
December 7, 1998 The Canadian economy and monetary policy in unsettled times Remarks Gordon Thiessen Greater Victoria Chamber of Commerce Victoria, British Columbia When the Asian crisis erupted in the summer of 1997, few observers anticipated that international financial markets would still be under its influence more than a year later. Content Type(s): Press, Speeches and appearances, Remarks
November 19, 1998 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Gordon Thiessen Standing Senate Committee on Banking, Trade and Commerce Mr. Chairman, my colleagues and I always welcome our appearances before your committee. We released our latest Monetary Policy Report this past Monday. It covers a broad range of economic and monetary issues and provides an account of our policy actions and their results. The ultimate objective of Canadian monetary policy is to help create […] Content Type(s): Press, Speeches and appearances, Opening statements
November 17, 1998 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Gordon Thiessen House of Commons Standing Committee on Finance Mr. Chairman, my colleagues and I welcome these appearances before your committee following each edition of the Bank of Canada’s Monetary Policy Report. As you know, we published our latest report yesterday. It touches on a wide range of economic and monetary issues and provides an opportunity for us to account for our policy actions […] Content Type(s): Press, Speeches and appearances, Opening statements
November 16, 1998 Release of the Monetary Policy Report Opening statement Gordon Thiessen This morning we released our eighth Monetary Policy Report. The period since our last report has certainly been an eventful one from a monetary policy perspective. During the past six months, global economic uncertainties intensified, particularly following Russia's decision in August to declare a debt moratorium. Many emerging market countries were faced with large capital […] Content Type(s): Press, Speeches and appearances, Opening statements