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September 13, 2023
CFIF publishes an update on the transition away from BAs
With the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication in June 2024, Bankers’ Acceptances (BA) will no longer be issued by the major Canadian banks. -
Forecasting Risks to the Canadian Economic Outlook at a Daily Frequency
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. -
September 8, 2023
Calgary Herald
Tiff Macklem, Governor of the Bank of Canada
Interview with the Calgary Herald -
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. -
September 7, 2023
Staying the course
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. -
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. -
September 7, 2023
Economic progress report: Target in sight, but we’re not there yet
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. -
September 6, 2023
Bank of Canada maintains policy rate, continues quantitative tightening
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. -
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.