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May 13, 2003

Policies to Sustain Growth Domestically and Internationally

Remarks David Dodge Foreign Bankers' Association in the Netherlands Amsterdam, The Netherlands
I have been looking forward to coming to Amsterdam since Governor Wellink extended the invitation last year. I must say that when you consider what has been happening in the world economy, it is certainly an interesting time to be a Canadian at international meetings such as the BIS meeting I attended yesterday.
April 30, 2003

Opening Statement before the Senate Banking, Trade and Commerce Committee

Opening statement David Dodge Senate Banking, Trade and Commerce Committee
The last time I testified before this committee was in the spring of 2002, because we were unable to arrange our regular meeting last fall. You will recall that following the 11 September 2001 terrorist attacks in the United States, we quickly and aggressively cut our policy interest rate to shore up confidence and support domestic demand. By last spring, evidence had already started to build that demand was growing faster than the economy's production capacity.
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