Posts

• Forecasting Risks to the Canadian Economic Outlook at a Daily Frequency

  Staff Discussion Paper 2023-19 Chinara Azizova, Bruno Feunou, James Kyeong

  This paper quantifies tail risks in the outlooks for Canadian inflation and real GDP growth by estimating their conditional distributions at a daily frequency. We show that the tail risk probabilities derived from the conditional distributions accurately reflect realized outcomes during the sample period from 2002 to 2022.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Business fluctuations and cycles, Econometric and statistical methods JEL Code(s): C, C3, C32, C5, C58, E, E4, E44, G, G1, G17
• September 8, 2023

  Calgary Herald

  

  Tiff Macklem, Governor of the Bank of Canada
  Interview with the Calgary Herald

  Content Type(s): Press, Media activities
• September 8, 2023

  Bank of Canada Media Interview – Calgary Herald

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Chris Varcoe of The Calgary Herald. The interview will be published online and in print.

  Content Type(s): Press, Media advisories
• September 7, 2023

  Staying the course

  Speech summary Tiff Macklem Calgary Chamber of Commerce Calgary, Alberta

  Speaking a day after we decided to maintain the policy interest rate at 5%, Governor Tiff Macklem explores some key factors behind the decision. He also explains why the 2% inflation target supports a stable economy and greater prosperity for households and businesses.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Credibility, Domestic demand and components, Expectations, Firm dynamics, Inflation and prices, Inflation targets, Inflation: costs and benefits, Labour markets, Monetary policy, Monetary policy framework, Monetary policy transmission, Price stability, Recent economic and financial developments
• September 7, 2023

  Speech by Tiff Macklem, Governor of the Bank of Canada

  On Thursday, September 7, 2023, Tiff Macklem, Governor of the Bank of Canada, will speak before the Calgary Chamber of Commerce.

  Content Type(s): Press, Media advisories
• September 7, 2023

  Economic progress report: Target in sight, but we’re not there yet

  Remarks Tiff Macklem Calgary Chamber of Commerce Calgary, Alberta

  Bank of Canada Governor Tiff Macklem talks about the Bank’s latest interest rate announcement and what’s happening with inflation beyond the headline numbers. He also discusses why the Bank’s 2% inflation target is the right one.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Credibility, Domestic demand and components, Expectations, Firm dynamics, Inflation and prices, Inflation targets, Inflation: costs and benefits, Labour markets, Monetary policy, Monetary policy framework, Monetary policy transmission, Price stability, Recent economic and financial developments
• September 6, 2023

  Bank of Canada maintains policy rate, continues quantitative tightening

  Media Relations Ottawa, Ontario

  The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening.

  Content Type(s): Press, Press releases
• September 6, 2023

  Bank of Canada Interest Rate Announcement

  On Wednesday, September 6, 2023, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision.

  Content Type(s): Press, Media advisories
• August 31, 2023

  Bank of Canada launches the 2024 Fellowship Program awards

  The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2024 Fellowship and Governor’s awards.

  Content Type(s): Press, Announcements Source(s): Fellowship Program
• August 29, 2023

  CARR finalizes the allowed uses for Term CORRA

  Today, the Canadian Alternative Reference Rate working group (CARR) finalized its guidance on the allowable use cases for Term CORRA.

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group