April 20, 2005 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement David Dodge Standing Senate Committee on Banking, Trade and Commerce Last Thursday, we released our April Monetary Policy Report. In the report, we said that the global economy has been unfolding largely as expected, and the outlook for the Canadian economy is essentially unchanged from that in January's Monetary Policy Report Update. Content Type(s): Press, Speeches and appearances, Opening statements
April 19, 2005 Opening Statement before the House of Commons Finance Committee Opening statement David Dodge House of Commons Finance Committee Last Thursday, we released our April Monetary Policy Report. In the report, we said that the global economy has been unfolding largely as expected, and the outlook for the Canadian economy is essentially unchanged from that in January's Monetary Policy Report Update. Content Type(s): Press, Speeches and appearances, Opening statements
April 14, 2005 Release of the Monetary Policy Report Opening statement David Dodge The Bank expects Canada's economy to grow by about 2 1/2 per cent in 2005 and 3 1/4 per cent in 2006, with growth this year and next coming primarily from strength in domestic demand. To continue to support aggregate demand, we decided to leave the target for the overnight rate unchanged at 2.5 per cent on 12 April. Content Type(s): Press, Speeches and appearances, Opening statements
January 27, 2005 Release of the Monetary Policy Report Update Opening statement David Dodge The outlook for the Canadian economy continues to be shaped by global developments, including the realignment of world currencies. The near-term outlook for the global economy is a touch weaker than projected in the October Report, but more solidly based because of somewhat lower oil prices and greater confidence in the momentum of the U.S. economy. Content Type(s): Press, Speeches and appearances, Opening statements
November 24, 2004 Opening Statement before the Senate Committee on Banking, Trade and Commerce Opening statement David Dodge Senate Committee on Banking, Trade and Commerce The Canadian economy grew faster in the first half of the year than we had projected, largely because of a surge in exports. The economy is now operating near its production capacity and continues to adjust to global developments. Content Type(s): Press, Speeches and appearances, Opening statements
October 26, 2004 Opening Statement before the House of Commons Finance Committee Opening statement David Dodge House of Commons Finance Committee These meetings help us keep Members of Parliament and, through you, all Canadians informed about the Bank's views on the economy, and about the objective of monetary policy and the actions we take to achieve it. Content Type(s): Press, Speeches and appearances, Opening statements
October 21, 2004 Release of the Monetary Policy Report Opening statement David Dodge The Canadian economy has grown faster than was projected in last April's Monetary Policy Report and the July Update, largely because of a surge in exports. It is now operating near its production capacity and continues to adjust to global economic developments. Content Type(s): Press, Speeches and appearances, Opening statements
July 22, 2004 Release of the Monetary Policy Report Opening statement David Dodge Let me start with our outlook for inflation. Higher-than-expected world oil prices mean that total CPI inflation is likely to remain above 2 per cent through the rest of this year, before falling slightly below core inflation in the second half of 2005. Content Type(s): Press, Speeches and appearances, Opening statements
April 21, 2004 Opening Statement before the House of Commons Finance Committee Opening statement David Dodge House of Commons Finance Committee The Canadian economy continues to adjust to developments in the global economy such as stronger world demand, higher commodity prices, and the realignment of world currencies, including the Canadian dollar. Emerging-market economies, especially China and India, are contributing to intensified competition but are also creating new trading opportunities for Canada. Content Type(s): Press, Speeches and appearances, Opening statements
April 20, 2004 Opening Statement before the Senate Banking, Trade and Commerce Committee Opening statement David Dodge Senate Banking, Trade and Commerce Committee The Canadian economy continues to adjust to developments in the global economy such as stronger world demand, higher commodity prices, and the realignment of world currencies, including the Canadian dollar. Emerging-market economies, especially China and India, are contributing to intensified competition but are also creating new trading opportunities for Canada. Content Type(s): Press, Speeches and appearances, Opening statements