Press

• November 7, 2017

  Fundamental forces continue to drive inflation as economy evolves, Bank of Canada Governor Poloz says

  Media Relations Montréal, Quebec

  MONTRÉAL, QUEBEC—The fundamental forces that have always driven inflation will continue to do so, even as the global economy evolves, Bank of Canada Governor Stephen S. Poloz said today. In a speech to CFA Montréal and the Montreal Council on Foreign Relations, Governor Poloz challenged the idea that recent softness in inflation in many advanced […]

  Content Type(s): Press, Press releases
• November 7, 2017

  Understanding Inflation: Getting Back to Basics

  Remarks Stephen S. Poloz CFA Montréal and Montreal Council on Foreign Relations Montréal, Quebec

  Governor Stephen S. Poloz discusses how recent weak inflation in Canada and other economies can be explained by fundamental factors.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Econometric and statistical methods, Economic models, Inflation and prices, Labour markets, Monetary policy, Monetary policy implementation
• November 3, 2017

  Statement on the Nomination of a New Federal Reserve Chair

  Media Relations Ottawa, Ontario

  The Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System.

  Content Type(s): Press, Press releases
• November 1, 2017

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario

  Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. When we were last here in April, we were celebrating the fact that we had upgraded our economic forecast following a […]

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Monetary policy, Monetary policy transmission, Potential output, Recent economic and financial developments, Sectoral balance sheet