Canada
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.
Knight on financial system stability
SPEECH - In the speech Bank of Canada Senior Deputy Governor Malcolm Knight talks about the importance of financial system stability and the close link between the latter and good economic performance.
BoC's Knight says monetary conditions expansionist
The Bank of Canada said domestic monetary conditions "remained expansionist" and held to last month's forecast that inflation in the first quarter would range between 4 and 4.5 percent, Senior Deputy Governor Malcolm Knight said in a prepared speech on…
Canada's Dodge prepares for higher rates - report
Canadians should not be surprised if interest rates rise in the "next two or three months," Bank of Canada Governor David Dodge said in a recent magazine interview. He also rejected the idea of Canada and the US adopting a common currency.
Dodge on monetary policy in an uncertain world
SPEECH - In the speech 'Monetary Policy: Meeting the Challenges of an Uncertain World' David Dodge of the Bank of Canada said that Canada's macroeconomic policy framework is protecting the economy from both persistently high inflation and the threat of…
Bank of Canada seeks candidates for No. 2 post
ARTICLE - Canada's central bank is searching far and wide to replace its outgoing No.2 official, with advertisements in national newspapers and an international magazine for what observers say is a very short list of contenders.
Bank of Canada Monetary Policy Report Update
REPORT - The Bank of Canada on Thursday released its Update to the October Monetary Policy Report. These reports discuss economic and financial trends in the context of Canada's inflation-control strategy.
Dodge on the Monetary Policy Report Update
SPEECH - In his opening statement on the release of the Bank of Canada's Monetary Policy Report Update David Dodge suggested Canadian interest rates would need to rise to return inflation to the 2 per cent target over the medium term.
Canada's Dodge warns of rising inflation
Bank of Canada governor David Dodge warned Thursday that inflation pressures are greater than expected and that the inflation rate could hit an 11-year high of 4.5 per cent this winter.
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada keeps target for the overnight rate at 2 3/4 per cent, 21 January.
Dodge on Staying the Course
SPEECH - In the speech 'Staying the Course' David Dodge of the Bank of Canada said the current uncertainties will dissipate, and stronger growth will resume, provided we continue to pursue sound macro, trade, and structural policies. What is important is…
Knight on monetary policy and economic performance
SPEECH - In the speech 'How Monetary Policy Contributes to Improved Economic Performance' Malcolm Knight of the Bank of Canada said from a central bankers perspective Canada's clear, transparent monetary policy, based on the inflation-control target has…
Outsiders may fill vacuum at top of Bank of Canada
The Bank of Canada, facing a top-level retirement and the departure of its cost-cutting number two, may have to look at outside nominees to bring its management team back up to strength, analysts said on Monday.
Bank of Canada Press Release
PRESS RELEASE - Senior Deputy Governor Malcolm Knight appointed new General Manager of the Bank for International Settlements, 13 January.
Bank of Canada Financial System Review, Dec 2002
REPORT - The Bank of Canada published its semi-annual Financial System Review on 19 December. The report says that the Canadian financial system has coped well during the recent period of increased financial stress. The weakening economic environment of…
Knight- The Canadian economy North America context
SPEECH - In the speech 'The Canadian Economy in a North American Context' Malcolm Knight of the Bank of Canada discusses the current economic situation in Canada, how that relates to U.S. economic developments, and the overall implications for Canadian…
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada keeps target for the overnight rate at 2 3/4 per cent, 3 December.
Bank of Canada leaves interest rates steady
Canada has bucked the global trend recently with interest rate hikes. The decision on Tuesday that the Bank will leave rates at the current 2.75 per cent comes after recent comments by David Dodge that an ease in economic growth over the next three…
Jenkins on dealing with economic shocks
SPEECH - In the speech 'How the Bank of Canada Helps Canadians Deal with Economic Shocks' Paul Jenkins reviews the ways in which the Bank of Canada protects the domestic value of the Canadian currency through the conduct of monetary policy. He then…
Dodge on promoting Canada's economic welfare
SPEECH - In the speech 'Promoting Canada's Economic and Financial Welfare' David Dodge of the Bank of Canada said Canada's inflation target, which aims to keep the rate at the mid point of a 1-3 per cent range, has firmly anchored expectations at the 2…
Redefine the Bank of Canada
ARTICLE - An extract from former governor of the Bank of Canada John Crow's new book 'Making Money' has Crow on monetary policy. He says it's time for the federal government to clarify responsibility.
Former Canada c bank chief reveals row in new book
CANADA - Former Bank of Canada governor John Crow reveals in a new book 'Making Money' that a political row with the finance minister over inflation targeting prevented him from taking up a second term as head of the central bank.
Bank of Canada Review, Autumn 2002
REPORT - The Bank of Canada published its Review for Autumn 2002 on 12 November. The review contains articles titled, Is Canada Dollarized?, CLS Bank: Managing Foreign Exchange Settlement Risk and Purchasing-Power Parity: Definition, Measurement, and…