October 29, 2003 Bank of Canada Governor David Dodge corrects a misstatement Media Relations Ottawa, Ontario Bank of Canada Governor David Dodge corrects a misstatement he made in responding to a question yesterday relating to what he heard at the G-20 meeting about U.S. growth and how it might affect Bank of Canada projections. Content Type(s): Press, Press releases
October 23, 2003 Opening Statement before the Senate Banking, Trade and Commerce Committee Opening statement David Dodge Senate Banking, Trade and Commerce Committee The last time that I appeared before this committee was after the release of our April Report. Since then, our economy has been hit by a number of unusual shocks. Because of these shocks and other factors, growth has been weaker than expected. We now estimate that there is more slack in the economy than we had projected in April. Content Type(s): Press, Speeches and appearances, Opening statements
October 22, 2003 Release of the Monetary Policy Report Opening statement David Dodge Since our April Report, the Canadian economy has been hit by a number of unusual shocks: SARS, BSE, the Ontario electricity blackout, and the severe forest fires in British Columbia. Inflation has also fallen faster and further than expected. Content Type(s): Press, Speeches and appearances, Opening statements
October 22, 2003 Opening Statement before the House of Commons Finance Committee Opening statement David Dodge House of Commons Finance Committee The last time that Paul and I appeared before this committee was after the release of our April Report. At that time, inflation was well above its 2 per cent target, and short-term inflation expectations had edged up. Although inflation was being pushed up by special factors, there were also signs that strong domestic demand was working to broaden pressures on prices. Content Type(s): Press, Speeches and appearances, Opening statements
October 22, 2003 Bank of Canada releases Monetary Policy Report Media Relations Ottawa, Ontario Since the April Monetary Policy Report, the Canadian economy has been hit by a number of unusual shocks: SARS, BSE, the Ontario electricity blackout, and the severe forest fires in British Columbia. Content Type(s): Press, Press releases
October 15, 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
September 10, 2003 Governor Reviews Measures to Foster Confidence Media Relations Vancouver, British Columbia Bank of Canada Governor David Dodge said today that substantial progress has been made in building investor and consumer confidence in the face of recent economic shocks and corporate finance and accounting scandals. Content Type(s): Press, Press releases
September 10, 2003 Fostering Confidence Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia It's great to be back in Vancouver and to renew acquaintances at the Board of Trade. I'm going to spend some time today discussing the Bank of Canada's outlook for the Canadian economy and inflation, and how we are responding. But in order to understand the current economic situation, we need to look at some of the extraordinary events of the past year or so and how those events have affected the economy. Content Type(s): Press, Speeches and appearances, Remarks
September 5, 2003 Spruce Meadows Roundtable Remarks David Dodge Spruce Meadows Roundtable Spruce Meadows, Alberta Canada's reliance on foreign trade has required us to be active internationalists for decades. Louis Rasminsky, who went on to become Governor of the Bank of Canada, was one of Canada's delegates at the Bretton Woods Conference that led to the creation of the International Monetary Fund (IMF) and the World Bank. Rasminsky played an important role, formal and informal, at the talks. Content Type(s): Press, Speeches and appearances, Remarks
September 3, 2003 Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 3/4 per cent. Content Type(s): Press, Press releases