News

• March 25, 2022

  Household differences and why they matter

  Speech summary Sharon Kozicki Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference San Francisco, California

  Deputy Governor Sharon Kozicki talks about why differences in income, wealth and debt across households are important for the economy and what the Bank of Canada will be watching for as interest rates rise.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Central bank research, Coronavirus disease (COVID-19), Domestic demand and components, Economic models, Housing, Inflation and prices, Labour markets, Monetary policy, Monetary policy framework, Recent economic and financial developments
• March 23, 2022

  Bank of Canada to chair the Central Bank Network for Indigenous Inclusion in 2022

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today it has officially begun a one-year term as chair of the Central Bank Network for Indigenous Inclusion (CBNII).

  Content Type(s): Press, Press releases
• March 16, 2022

  Bank of Canada and Massachusetts Institute of Technology announce joint Central Bank Digital Currency collaboration

  Media Relations Ottawa, Ontario

  The Bank of Canada and the Massachusetts Institute of Technology (MIT) today announced an agreement to collaborate on a twelve-month research project on Central Bank Digital Currency (CBDC).

  Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech
• March 3, 2022

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement (delivered virtually) Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Coronavirus disease (COVID-19), Inflation and prices, Inflation targets, Interest rates, Monetary policy, Monetary policy implementation, Price stability, Recent economic and financial developments
• March 3, 2022

  Getting inflation back to target

  Speech summary Tiff Macklem CFA Society Toronto Toronto, Ontario

  Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to raise its policy interest rate. He explains that after two years of extraordinary stimulus, we are now on a path of rising interest rates.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Domestic demand and components, Expectations, Inflation and prices, Interest rates, International topics, Monetary aggregates, Monetary policy, Monetary policy and uncertainty, Monetary policy communications, Monetary policy implementation, Monetary policy transmission, Price stability, Recent economic and financial developments, Sectoral balance sheet
• March 2, 2022

  Bank of Canada increases policy interest rate

  Media Relations Ottawa, Ontario

  The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %.

  Content Type(s): Press, Press releases
• February 22, 2022

  Bank of Canada announces 2021-2022 scholarship recipients

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards  for students with disabilities, Indigenous students and students who identify as a woman or as a member of a visible minority or racialized group.

  Content Type(s): Press, Press releases Source(s): Scholarship awards
• February 18, 2022

  Deputy Governor Lawrence Schembri to Retire from the Bank of Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Deputy Governor Lawrence L. Schembri will retire on June 17, 2022.

  Content Type(s): Press, Press releases
• February 16, 2022

  Navigating uncharted territory

  Speech summary Timothy Lane School of Public Policy, University of Calgary Calgary, Alberta

  Deputy Governor Tim Lane discusses how the Bank of Canada approached decision making during the unprecedented upheaval brought on by the COVID‑19 pandemic.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Monetary policy and uncertainty
• February 9, 2022

  Producing growth with less inflation

  Speech summary Tiff Macklem Canadian Chamber of Commerce Canada 360 Summit Ottawa, Ontario

  Governor Tiff Macklem discusses how—by investing in technology and people—businesses can help the economy grow more with less inflation.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Expectations, Firm dynamics, Inflation and prices, Labour markets, Monetary policy, Productivity, Recent economic and financial developments