Speeches

• March 21, 2024

  Speech: CFA Society Toronto

  

  

  Bank of Canada: Normalization of the Balance Sheet — Deputy Governor Toni Gravelle speaks before the CFA Society Toronto (9:50 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• March 21, 2024

  Getting to a new normal

  Speech summary Toni Gravelle CFA Society Toronto Toronto, Ontario

  Deputy Governor Toni Gravelle speaks about how the Bank of Canada will manage its balance sheet once quantitative tightening ends.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Financial institutions, Financial markets, Financial system regulation and policies, Lender of last resort, Monetary policy implementation, Payment clearing and settlement systems, Recent economic and financial developments
• March 21, 2024

  Going back to normal: The Bank of Canada’s balance sheet after quantitative tightening

  Remarks Toni Gravelle CFA Society Toronto Toronto, Ontario

  Deputy Governor Toni Gravelle provides an update on quantitative tightening and talks about how the Bank of Canada will manage its balance sheet once normalization ends.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Financial institutions, Financial markets, Financial system regulation and policies, Lender of last resort, Monetary policy implementation, Payment clearing and settlement systems, Recent economic and financial developments
• March 6, 2024

  Press Conference: Policy Rate Announcement – March 2024

  

  

  Interest Rate Announcement — Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• March 6, 2024

  Monetary Policy Decision Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

  Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision.

  Content Type(s): Press, Speeches and appearances, Opening statements
• February 6, 2024

  Media Availability: Montreal Council on Foreign Relations (CORIM)

  

  

  The effectiveness and the limitations of monetary policy — Governor Tiff Macklem takes questions from reporters following his remarks (14:10 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• February 6, 2024

  Speech: Montreal Council on Foreign Relations (CORIM)

  

  

  The effectiveness and the limitations of monetary policy — Governor Tiff Macklem speaks before the Montreal Council on Foreign Relations (CORIM) (13:00 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• February 6, 2024

  Monetary policy: It’s perfectly imperfect

  Speech summary Tiff Macklem Montreal Council on Foreign Relations Montréal, Quebec

  Governor Tiff Macklem speaks about the effectiveness—and limitations—of monetary policy. He highlights how raising and lowering the policy interest rate ultimately keeps inflation low, stable and predictable, despite significant shocks to the economy.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Housing, Inflation targets, Inflation: costs and benefits, Interest rates, Monetary policy, Monetary policy implementation, Monetary policy transmission, Price stability, Productivity
• February 6, 2024

  Monetary policy: The right tool for the right job

  Remarks Tiff Macklem Montreal Council on Foreign Relations Montréal, Quebec

  Governor Tiff Macklem discusses how monetary policy is working to bring inflation down—and how it has worked to return inflation to target over the last 25 years. He also talks about the limits of monetary policy, and why the right focus is on controlling inflation in the medium term.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Housing, Inflation targets, Inflation: costs and benefits, Interest rates, Monetary policy, Monetary policy implementation, Monetary policy transmission, Price stability, Productivity
• February 1, 2024

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements