David Dodge: Recent economic developments and the conduct of monetary policy Speech by Mr David Dodge, Governor of the Bank of Canada, to the Metropolitan Halifax Chamber of Commerce, Halifax, 18 June 2003. *  *  *  Good afternoon, and thank you for the invitation to speak with you today.
Nevertheless, domestic bonds purchased by foreign investors only account for around 1–1½ per cent of the market, although the market itself has expanded quickly. The authorities also intend to create a link between the bond markets in mainland China and Hong Kong later this year.