Canada
Canada's Dodge - Focusing on the long term
In the speech 'Focusing on the Long Term' David Dodge of the Bank of Canada said it is tough to maintain a clear view of the current economic picture. But spending our energy focusing on the near term risks losing sight of what's farther out. In an…
Bank of Canada raises interest rates
Bank of Canada raises overnight rate target by 1/4 percentage pointto 3 1/4 per cent, 15 April.
Inflation fighter named Bank of Canada No. 2
W. Paul Jenkins, a deputy governor at the Bank of Canada who has spoken of the need to maintain central bank credibility on inflation control, was named the central bank's senior deputy on Wednesday.
Bank of Canada appoints Jenkins
The Bank of Canada announced the appointment of Paul Jenkins as Senior Deputy Governor in a press release, 9 April.
Paul Jenkins on Canada and the global economy
In a speech on 'Canada and the Global Economy: Trends in Asia and Elsewhere' Paul Jenkins of the Bank of Canada said monetary policy remained stimulative, despite four rate hikes over the last year. "Thus, over time, further reductions in monetary…
Bank of Canada appoints Desjardins to its Board
The Bank of Canada has appointed Jean-Guy Desjardins to its Board, according to the Financial Post. He will take up the position immediately.
Bank of Canada - Annual Report 2002
ANNUAL REPORT - The Bank of Canada has published its Annual Report for the year ended 2002.
Bank of Canada confident inflation will edge down
The Bank of Canada published its annual report for 2002 on Thursday 20 March and struck a confident note on inflation. Within a year the rate is expected to fall back to around two percent, the report said. Governor Dodge reflected on the Canadian…
Bank of Canada appoints Desjardins to board
Jean-Guy Desjardins has been appointed to the board of directors of the Bank of Canada and will take up the position immediately, according to a report in the Toronto Star
Dodge on the benefits of sound economic policies
SPEECH - In the speech on 'The Benefits of Sound Economic Policies' David Dodge of the Bank of Canada said while these are certainly challenging economic times, in Canada we remain convinced of the merits of the economic policy consensus of the OECD. He…
Sound economic policies pay off, Dodge says
The best way to promote sustained economic growth is to stick to an economic policy framework that has proven its worth, Bank of Canada Governor David Dodge said on Tuesday March 18. In a speech to the Italian Bankers Association, he reiterated the…
Dodge receives cb website of the year award
The Bank of Canada has been awarded a prestigious prize for the best website of all 163 central banks. The governor, David Dodge, last night graciously received the award in the elegant surroundings of the exclusive Brooks' Club in St James', London,…
Dodge: rates will continue to rise
SPEECH - Speaking amid the splendour of the Goldsmith's Hall in London on Thursday the governor of the Bank of Canada, David Dodge, said "further reductions in monetary stimulus" in the Canadian economy will be required in order to return inflation to…
Freedman on sound economic policies
In the speech 'How Sound Policies Contribute to Strong Economic Performance' Charles Freedman of the Bank of Canada said that while growth is currently below potential the Bank of Canada expects increased demand in the second half of 2003 and into 2004…
Canada's gold reserves fell last month
Canada's finance department revealed on Wednesday that it had sold part of its gold holding, with the proceeds to be used for buying other foreign currency securities.
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada raises overnight rate target by 1/4 percentage point to 3 per cent, 4 March.
Crow makes the case for higher interest rates
John Crow, the former Bank of Canada chief, suggested that interest rates could increase further as the Canadian inflation rate is close to the upper limit of its target.
IMF says expects rate hike in Canada
The IMF has said Canada may have to increase interest rates as the country is operating close to capacity and inflation presents an increasing danger.
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada Announces First Research Fellowship Awards, 26 February.
Kennedy on restoring confidence - post bubble
SPEECH - In the speech 'Restoring Investor Confidence After the Bubble Bursts' Sheryl Kennedy of the Bank of Canada talks about asset price "bubbles" in the economy and the efforts underway to restore investor confidence following the collapse of…
Bank of Canada Working Paper, February 2003
RESEARCH - In the Working Paper "Managing Operational Risk in Payment, Clearing, and Settlement Systems" Kim McPhail describes the key features of systemically important PCSS in Canada and the oversight role of the Bank of Canada with respect to those…
Bank of Canada Review, Winter 2002-2003
REPORT - The Bank of Canada published its Review for Winter 2002-2003 on 19 February. The Review contains articles titled Recent Changes to Canada's Financial Sector Legislation, Exchange Rate Regimes in Emerging Markets, Transparency and the Response of…
Rates on the rise, Canadian central banker says
Canadian monetary conditions remain stimulative enough to require future interest-rate increases, Bank of Canada deputy governor Sheryl Kennedy said Wednesday in the latest reiteration of the central bank's recent hawkish line.
The Bank of Canada and the search for a new No. 2
ARTICLE - The Bank of Canada has received a wide range of inquiries from both inside and outside the bank to fill its No. 2 job, the central bank's selection committee chairman said on Friday.