Canada
Bank of Canada Financial System Review, June 2004
The Bank of Canada published its semi-annual Financial System Review on 10 June. Economic forecasts of global growth in 2004 have been revised upwards significantly. In addition, favourable financing conditions and the efforts of firms to restructure…
Bank of Canada keeps interest rate unchanged at 2%
The Bank of Canada announced on Tuesday 8 June that it is maintaining its target for the overnight rate at 2 per cent. In a press release it said all things considered, the Bank's outlook for economic growth and core inflation is essentially unchanged…
Canada's Kennedy on capital markets
In a speech on 'Canada's Capital Markets: How Do They Measure Up?' given on 27 May, Sheryl Kennedy of the Bank of Canada compares the efficiency of Canada's capital markets with those in other countries. She concludes with a discussion of monetary policy…
BoC's Kennedy says oil prices lifting inflation
In a speech on Thursday 27 May, Bank of Canada Deputy Governor Sheryl Kennedy said that higher oil prices and strong global demand are pushing Canada's inflation rate higher than was forecast in the April Monetary Policy Report.
Bank of Canada Review, Spring 2004
The Bank of Canada has published its Review for Spring 2004. In its business outlook survey, the bank said that Canadian companies remained positive about the outlook for the next year, but a bit less so than they had three months earlier.
Retired central bank staff in Canada may sue
A group of 1,200 Bank of Canada retirees may sue the central bank, claiming it refuses to discuss sharing a surplus in the employee pension plan, a report by Bloomberg said.
Dodge sets the standards in expenses
Bank of Canada governor David Dodge is setting new standards in what one report called "tight monetary policy" with a relatively low expenses bill for the last quarter, released by the Bank of Canada this week.
Canada's Dodge on financial services research
In a speech on 'Research in Financial Services and Public Policy-Filling the Gaps' given on 22 April, David Dodge of the Bank of Canada said Canada's economic health depends on a strong financial services sector. There are many research topics that are…
Canada's Dodge on growth policies in the Americas
In a speech on 'Economic and Financial Policies for Growth in the Americas: A Canadian Perspective' given on 19 April, David Dodge of the Bank of Canada said more open trade, appropriate structural policies, and sound macroeconomic policies all have an…
Canada's Dodge at H of C Finance Committee
In his opening statement to the House of Commons Finance Committee given on 21 April, David Dodge of the Bank of Canada said preliminary indications are that growth in the first quarter of this year was marginally below 3 per cent. The Bank's view, he…
Canada's Dodge sees global rates rise in 2005
In his opening statement to the Senate Banking, Trade and Commerce Committee on 20 April David Dodge of the Bank of Canada said the main uncertainty for the outlook continues to relate to how the Canadian economy adjusts to global developments. But…
Bank of Canada, Monetary Policy Report, April 2004
The Bank of Canada released its April 2004 Monetary Policy Report on 15 April. The Report reviews economic and financial trends in the context of Canada's inflation-control strategy.
Bank of Canada cuts interest rates to 2 per cent
The Bank of Canada announced on Tuesday 13 April that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 per cent.
Canada's Jenkins on Asia and the Global Economy
In a speech on 'Asia and the Global Economy' given on 30 March, Paul Jenkins of the Bank of Canada explores the issues arising from the growing importance of Asian emerging-market economies, notably China and India, in the global economy.
Bank of Canada - Annual Report 2003
The Bank of Canada has published its Annual Report for the year ended 2003. In the Governor's Message David Dodge said the Bank of Canada recognises that adjusting to the stronger Canadian dollar will be one of the most important economic challenges…
Canada's Duguay on monetary policy, global economy
In a speech on 'National monetary policy in a global economy' given on 22 March, Pierre Duguay of the Bank of Canada discusses the positive contribution of the bank's inflation-control strategy to the Canadian economy and highlights the importance of…
Bank of Canada issues new $100 bank notes
The Bank of Canada officially put into circulation Canada's new $100 bank notes on Wednesday 17 March. The new notes contain various state-of-the-art security features and will be distributed and become available across the country over the next two…
Canada's Dodge on global economic change
In a speech on 'Adjusting to Global Economic Change' given on 16 March, David Dodge of the Bank of Canada said Canada's government must continue to reduce debt. "Maintaining fiscal balance must remain a priority for Canada in the years ahead," Dodge said…
Canada's Dodge on global economic change
In a speech on 'Adjusting to Global Economic Change' given on 10 March, David Dodge of the Bank of Canada said federal and provincial governments must pare their debts in his first public speech since cutting interest rates last week.
Bank of Canada Research Fellowship Award for 2004
The Bank of Canada announced on Thursday 4 March that Professor Rene Garcia, of the Universite de Montreal, is the recipient of the bank's Fellowship award for research for 2004.
Bank of Canada announces anti-counterfeiting award
The Bank of Canada announced on Wednesday 3 March the creation of a Law Enforcement Award of Excellence that will be presented annually to an official who demonstrates outstanding commitment and initiative in the fight against banknote counterfeiting.
Bank of Canada cuts rates by quarter point
The Bank of Canada announced on Tuesday 2 March that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 1/4 per cent.
Bank of Canada Review, Winter 2003
The Bank of Canada published its Review for Winter 2003 on 19 February. The Review includes articles titled "The Comparative Growth of Goods and Services Prices" and "Current Account Imbalances: Some Key Issues for the Major Industrialized Economies".
Canada's Dodge on policies for changing times
In a speech on 'Policies for Changing Times' given on 17 February, David Dodge of the Bank of Canada said the right set of macroeconomic policies helps countries to adjust to changing economic circumstances.