Canada

Central banker wins raves for straight talk

FEATURE - One year, a recessionette and 10 interest rate cuts later, and David Dodge, the governor of the Bank of Canada, has probably said more about the Canadian economy - and more candidly - than his predecessor did in two years.

Bank of Canada brightens economic forecast

CANADA - Bank of Canada Governor David Dodge declared on Tuesday that the worst of the economic downturn was over, in a speech that suggested the bank was accelerating its timetable for forecast economic recovery.

Speech by David Dodge of Bank of Canada, 20 Feb

SPEECH - In the speech titled 'Canada's Experience with Inflation Targets and a Flexible Exchange Rate: Lessons Learned' Dodge said that both Canada and the global economy seem to have turned the corner, and believed modest growth in Canada would pick up…

Speech by David Dodge of Bank of Canada, 31 Jan

SPEECH - In the speech Dodge said "Movements in the Canada-U.S. exchange rate do not yet appear to have reflected the recent developments in our economy. And to the extent that the recent depreciation of the Canadian dollar risks affecting consumer and…

Watch the Fed for clues to rise in gold sector

FEATURE - Gold has broken out and there is no shortage of theories as to why and where it's going from here. But, according to Chad Williams, investors should pay no attention to outlooks based on supply and demand, hedging, central bank sales or even…

G7 upbeat on global economy

CANADA - The world's seven leading industrialised states have said prospects of an upturn in a global economy hit by the 11 September attacks on America have strengthened, although risks remain.

G7 to discuss world recovery

CANADA - Efforts to end the world economic downturn and measures to lift the weak Japanese yen will be on the agenda when finance ministers and central bankers from the Group of Seven industrial nations meet in Ottawa, Canada.

Speech by David Dodge, Governor of Bank of Canada

SPEECH - In the speech titled 'Inflation Targeting During a Difficult Year' Dodge reiterated his view that the Canadian economy will grow between 1% and 2% in the year's first half and then accelerate. "As I have already noted, it is becoming clearer…

Dodge refuses to rule out common currency

CANADA - David Dodge, the Governor of the Bank of Canada, Tuesday, refused to rule out the possibility that Canada and the United States could share a common currency some day, though he said a number of tough conditions would have to be met first.

Speech by David Dodge, Governor of Bank of Canada

SPEECH - Dodge said in the speech titled 'Challenges and Changes in an Eventful Year' that an unhelpful depreciation of the Canadian dollar over recent weeks did not reflect the encouraging signs of a pickup in the economy and that the exchange rate was…

Speech by David Dodge, Governor of Bank of Canada

SPEECH - In the speech Dodge said that economic developments in Canada since the November Report, and the profile for growth outlined in the Update, suggest that the amount of slack in the economy through 2002 will likely be somewhat greater than assumed…

Canada to host G-7 meeting 8 February

CANADA - Group of Seven finance ministers and central bank governors will meet in Ottawa in February to discuss the state of the global economy, Minister of Finance Paul Martin announced Thursday.

Speech by David Dodge of Bank of Canada

SPEECH - In the speech titled 'Inflation Targeting in Canada: Experience and Lessons' Dodge said that he still expects the Canadian economy to improve by the second half of 2002 and that the Canadian economy may actually have grown in the fourth quarter…

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