Canada
Dodge on the Canadian economy and economic forces
In a speech on 'The Canadian Economy: Adjusting to Global Economic Forces' given on 6 May, David Dodge of the Bank of Canada said Canada's economy is adjusting to powerful forces at work in the global economy, including the emergence of China and India…
Canada's Dodge on the state of the economy
In a speech to the Standing Senate Committee on Banking, Trade and Commerce given on 20 April, David Dodge of the Bank of Canada said the bank expects Canada's economy to grow by about 2.5% in 2005 and 3.25% in 2006, with growth this year and next coming…
Dodge on Canada and global economic forces
In a speech on 'How Canada is adjusting to global economic forces' given on 15 April, David Dodge of the Bank of Canada said that the Canadian economy is adjusting to powerful global forces and explained what the central bank is doing to help the…
Bank of Canada cuts growth forecast for 2005
The Bank of Canada released its April 2005 Monetary Policy Report on 14 April. In the report the Bank lowered its growth forecast for the Canadian economy for 2005, cutting its estimate to 2.6 per cent.
Bank of Canada keeps interest rates unchanged
The Bank of Canada announced on Tuesday 12 April that it was holding interest rates unchanged. The bank said data received since the last interest rate announcement indicate that the Canadian and global economies have been evolving largely as expected.
Bank of Canada, Business Outlook Survey, Spring 05
The Bank of Canada's Spring 2005 Business Outlook Survey reports that businesses are more optimistic about the economic outlook than in the winter survey.
Dodge on Canada's competitiveness
In a speech on 'Canada's competitiveness: The importance of investing in skills' given on 30 March, David Dodge of the Bank of Canada said that Canada must do a much better job of improving productivity to keep up with competition from rising economic…
IMF says Canada's economy strongest among G7
The International Monetary Fund praised Canada for its economic performance during the past decade on Tuesday 29 March, saying its economic outlook seems solid.
Canada's Dodge on bank's 70th anniversary
In an interview to mark the Bank of Canada's 70th anniversary, governor David Dodge said the bank is more open today than ever about how it goes about its business. "The day of the high priesthood of central bankers has come and gone."
Canada's Dodge on inflation targeting
In a speech on 'Inflation targeting: A Canadian perspective' given on 21 March, David Dodge of the Bank of Canada said that Canada's experience under inflation targeting has been "unambiguously positive" since the central bank and federal government…
Canada's Longworth on mon policy, economic outlook
In a speech on 'Monetary policy and the economic outlook' given on 17 March, David Longworth of the Bank of Canada said the Bank will slacken the pace of interest-rate increases as a strong currency slows economic growth by reducing exports and boosting…
Bank of Canada Annual Report 2004
The Bank of Canada has published its Annual Report for 2004. In the report the Bank said a major challenge during 2004 was the strong appreciation in the value of the Canadian dollar.
Bank of Canada announces 2005 Research Fellowship
The Bank of Canada announced on Wednesday 2 March that Professor Paul Beaudry of the University of British Columbia is the recipient of the Bank's Research Fellowship for 2005.
Bank of Canada keeps interest rate unchanged
The Bank of Canada announced on Tuesday 1 Marchthat it is maintaining its target for the overnight rate at 2 1/2 per cent. The Bank said the outlook for the Canadian economy and inflation remained essentially unchanged since January.
Bank of Canada Review, Winter 2004
The Bank of Canada published its Review for Winter 2004 on 17 February. The Review contains four articles including "The Bank of Canada as Lender of Last Resort". The authors review the policy framework that guides the Bank's lender-of-last-resort…
Canada's Dodge: Monetary policy & exchange rates
In a speech on 'Monetary policy and exchange rate movements' given on 17 February, David Dodge of the Bank of Canada said that in conducting monetary policy, the Bank analyses movements in the Canadian dollar in the context of economic and financial data…
Canada's Kennedy on household debt
In a speech on 'Getting a perspective on household debt: Separating myth from reality' given on 15 February, Sheryl Kennedy of the Bank of Canada examines the likely implications of the rising debt burden of Canadian households.
Interview with Bank of Canada's Tiff Macklem
In an interview published this week, Bank of Canada Deputy Governor Tiff Macklem said Canada's economy may take two or three years to adjust to a currency that rose more than 20 per cent since early 2003 and "there is probably some more adjustment to go".
Bank of Canada Monetary Policy Report Update
The Bank of Canada released its Update to the October Monetary Policy Report on 27 January. The Canadian economy is expected to operate a little further below its full production capacity in 2005, according to the update.
Bank of Canada, Business Outlook Survey, Winter 05
The Bank of Canada's Winter 2005 Business Outlook Survey reports that businesses remain positive about the economic outlook but less so than in the autumn survey. The appreciation of the Canadian dollar between the survey periods has heightened…
Bank of Canada keeps interest rates unchanged
The Bank of Canada announced on Tuesday 25 January that it is maintaining its target for the overnight rate at 2 1/2 per cent. The bank said the Canadian economy continues to adjust to major global developments.
Bank of Canada to upgrade $10 bank note
As part of its ongoing efforts to improve the security of Canadian bank notes, the Bank of Canada announced on Thursday 20 January that it will issue a $10 note with upgraded security features beginning 18 May 2005.
Jenkins on Canada in the global economy
In a speech on 'Canada in the global economy: A look back and a look forward' given on 13 January, Paul Jenkins of the Bank of Canada said the high price of oil poses a risk to the world's economic outlook, even though oil prices have moderated in the…
Audit scolds Bank of Canada
Internal auditors have criticised the Bank of Canada for slack financial practices, according to a report by the Canadian Press.