March 26, 2002 The Conduct of Monetary Policy in the Presence of Economic Shocks Remarks David Dodge National Association for Business Economics Washington, D.C. Globalization - the trend towards greater economic integration around the world - has brought important benefits to us all. It has boosted world trade, opened up access to sources of global finance, and facilitated the diffusion of far-reaching technological advances in transportation, communications, and information processing. Content Type(s): Press, Speeches and appearances, Remarks
March 25, 2002 Canada's new $5 bank note launched on 27 March 2002 Media Relations Ottawa, Ontario Canada's new $5 bank note will be launched Wednesday, 27 March, in Montréal. Content Type(s): Press, Press releases
March 14, 2002 Debt Strategy Market Consultations—2002-03: Summary of Comments In January 2002, officials from the Department of Finance and the Bank of Canada sought views of Government Securities Distributors and investors on a number of issues related to the domestic debt program as part of the development of the Debt Strategy 2002-03 and in keeping with the Government's ongoing commitment to consult with market […]
March 14, 2002 Debt Strategy Market Consultations - 2002-03: Summary of Comments In January 2002, officials from the Department of Finance and the Bank of Canada sought views of Government Securities Distributors and investors on a number of issues related to the domestic debt program as part of the development of the Debt Strategy 2002-03 and in keeping with the Government's ongoing commitment to consult with market participants. Content Type(s): Press, Market notices
March 12, 2002 Bank of Canada Governor Reviews Canadian Monetary Policy Choices Media Relations Paris, France In particular, the Governor discussed how the Bank of Canada aims to promote economic growth by means of a monetary policy symmetrically focused on a 2 per cent inflation target. "We pay equal attention to any significant movement away from 2 per cent - whether above or below," Mr. Dodge said. In contrast, the European Central Bank has an inflation-control ceiling of 2 per cent, he noted. Content Type(s): Press, Press releases
March 12, 2002 Monetary Policy Choices: The Canadian Experience Remarks David Dodge Chambre de Commerce France-Canada and Les Canadiens en Europe (France) Paris, France Over the years, both Canada and France have had to make decisions about the framework guiding monetary policy. The authorities in the two countries have made choices that reflect the differences in our economies. Content Type(s): Press, Speeches and appearances, Remarks
March 5, 2002 Bank of Canada keeps target for the overnight rate at 2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent. Content Type(s): Press, Press releases
Contribution of ICT Use to Output and Labour-Productivity Growth in Canada Staff Working Paper 2002-7 Hashmat Khan, Marjorie Santos There is ample evidence that information and communication technologies (ICT) contributed significantly to the surge in output and labour-productivity growth in the United States in the late 1990s. Content Type(s): Staff research, Staff working papers Topic(s): Productivity JEL Code(s): O, O4, O5
February 20, 2002 Bank of Canada Governor reviews Canada's experience with inflation targets and a flexible exchange rate Media Relations New York, New York In a speech to the Canadian Society of New York, Bank of Canada Governor David Dodge said today that Canada's monetary policy framework, based on an explicit inflation-control target and a flexible exchange rate, "has contributed importantly to putting the Canadian economy back on the right path to longer-term prosperity." Content Type(s): Press, Press releases
February 20, 2002 Canada's Experience with Inflation Targets and a Flexible Exchange Rate: Lessons Learned Remarks David Dodge Canadian Society of New York New York, New York The Canadian economy has undergone a dramatic transformation over the past decade. And it has emerged as a low-inflation economy, with declining levels of public and foreign debt and a private sector that is more cost-conscious, productive, and efficient, thanks to restructuring and investments in new technology. Content Type(s): Press, Speeches and appearances, Remarks