Tiff Macklem: Floating dollar, anchored inflation - the role of the exchange rate in Canada’s monetary policy framework Remarks by Mr Tiff Macklem, Deputy Governor of the Bank of Canada, to the Lunenburg Board of Trade, Lunenburg, Nova Scotia, 8 June 2006. *  *  *  The first thing I'd like to say is . . . Happy Birthday!
By the time we get to the end of the Statement of Intent period, we will be operating in a very different environment. We are facing a backdrop of significant change – globally, culturally as an institution, and in the government’s and public’s expectations of us. We are continuing to build our capability to respond to, influence and lead our rapidly changing environment.