Uncategorized

• February 6, 2024

  Speech by Tiff Macklem, Governor of the Bank of Canada

  On Tuesday, February 6, 2024, Tiff Macklem, Governor of the Bank of Canada, will speak before the Montreal Council on Foreign Relations (CORIM).

  Content Type(s): Press, Media advisories
• 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 6, 2024

  CFIF Meeting (February 6, 2024)

  Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
• February 5, 2024

  Université de Sherbrooke crowned National Champion of The Governor’s Challenge

  The Bank of Canada is pleased to announce the Université de Sherbrooke has won the ninth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Announcements Source(s): The Governor's Challenge
• February 5, 2024

  Market Participants Survey—Fourth Quarter of 2023

  The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

  Content Type(s): Publications, Market Participants Survey
• February 5, 2024

  CFEC Releases Results of October 2023 Foreign Exchange Volume Survey

  The Canadian Foreign Exchange Committee (CFEC) released today the results of its October 2023 semi-annual survey of foreign exchange volumes in Canada.

  Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee

• The Role of Long-Term Contracting in Business Lending

  Staff Working Paper 2024-2 Phoebe Tian

  This paper examines inefficiencies arising from a lack of long-term contracting in small business lending in China.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions JEL Code(s): D, D8, D83, D86, G, G2, G21, L, L1, L14, L2, L26
• February 2, 2024

  Reintroduction of the morning auction of Receiver General cash balances

  The Bank of Canada (the “Bank”), in its role as fiscal agent for the Government of Canada, said today it will reintroduce the morning auction of Receiver General (RG) cash balances in the coming weeks.

  Content Type(s): Press, Market notices
• 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