We have the duty to prevent the next crisis from finding us in the current situation, only halfway there and possibly having already exhausted a number of tools. The debate has long been underway and there is a need to refocus it around what really matters, overcoming non-existent issues that only lead to paralysis.
David Dodge: Summary of the latest Monetary Policy Report Update Opening statement by Mr David Dodge, Governor of the Bank of Canada, at a press conference following the release of the Monetary Policy Report Update, Ottawa, 24 January 2008. *  *  *  Good morning.