Canada
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.
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.