Canada

Dodge refuses to rule out common currency

CANADA - David Dodge, the Governor of the Bank of Canada, Tuesday, refused to rule out the possibility that Canada and the United States could share a common currency some day, though he said a number of tough conditions would have to be met first.

Speech by David Dodge, Governor of Bank of Canada

SPEECH - Dodge said in the speech titled 'Challenges and Changes in an Eventful Year' that an unhelpful depreciation of the Canadian dollar over recent weeks did not reflect the encouraging signs of a pickup in the economy and that the exchange rate was…

Speech by David Dodge, Governor of Bank of Canada

SPEECH - In the speech Dodge said that economic developments in Canada since the November Report, and the profile for growth outlined in the Update, suggest that the amount of slack in the economy through 2002 will likely be somewhat greater than assumed…

Canada to host G-7 meeting 8 February

CANADA - Group of Seven finance ministers and central bank governors will meet in Ottawa in February to discuss the state of the global economy, Minister of Finance Paul Martin announced Thursday.

Speech by David Dodge of Bank of Canada

SPEECH - In the speech titled 'Inflation Targeting in Canada: Experience and Lessons' Dodge said that he still expects the Canadian economy to improve by the second half of 2002 and that the Canadian economy may actually have grown in the fourth quarter…

Central bankers in Ottawa

ECB Council member Ernst Welteke, although saying that monetary policy was appropriate for the eurozone at present, warned of the dangers of money being too loose given the lag for effects to be realised.