Press

• September 10, 2020

  Canadian Chamber of Commerce - Speech (Webcasts)

  

  

  The uneven effects of COVID-19 on different sectors and people in the economy - Tiff Macklem, the Governor of the Bank of Canada, speaks by videoconference before the Canadian Chamber of Commerce. (12:30 (Eastern Time) approx.)

  Content Type(s): Press, Speeches and appearances, Webcasts
• September 9, 2020

  Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds.

  Content Type(s): Press, Press releases
• September 8, 2020

  Operational details for upcoming secondary market purchases of Government of Canada securities (September 14-25)

  As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• September 8, 2020

  Bank of Canada announces the launch of the 2021 Fellowship Program awards

  The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2021 Fellowship and Governor’s awards.

  Content Type(s): Press, Announcements Source(s): Fellowship Program
• August 27, 2020

  The imperative for public engagement

  Remarks (delivered virtually) Tiff Macklem Federal Reserve Bank of Kansas City Jackson Hole Symposium Jackson Hole, Wyoming

  Governor Tiff Macklem talks about the need for the Bank to be clear, relatable and understandable when it communicates with the public.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Credibility, Monetary policy, Monetary policy and uncertainty
• August 26, 2020

  Towards the 2021 Renewal of the Bank of Canada’s Monetary Policy Framework (Webcast)

  

  

  The workshop will take place online and be webcast live. It will consist of a series of lively and thought-provoking discussions. The invited audience includes academics, private sector economists, financial market experts, and representatives from policy think tanks and the media.

  Content Type(s): Press, Speeches and appearances, Webcasts
• August 26, 2020

  Closing remarks

  Remarks (delivered virtually) Carolyn A. Wilkins Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework” Ottawa, Ontario

  Senior Deputy Governor Carolyn A. Wilkins concluded a day-long workshop on the renewal of the monetary policy framework with a summary of the discussions, and she outlined next steps on the path to the 2021 renewal.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Inflation targets, Monetary policy, Monetary policy and uncertainty, Monetary policy framework
• August 26, 2020

  Opening remarks

  Remarks (delivered virtually) Carolyn A. Wilkins Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework” Ottawa, Ontario

  Senior Deputy Governor Carolyn A. Wilkins discusses the challenges the Bank of Canada is facing as it seeks to renew its inflation-control target in 2021. Kicking off a day-long workshop on the renewal of the monetary policy framework, she explains how the Bank’s research on alternative frameworks is shaping up and invites discussion of how the COVID-19 crisis has changed what is known about alternative policy tools in action.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Inflation targets, Monetary policy, Monetary policy and uncertainty, Monetary policy framework
• August 25, 2020

  Canadian Association for Business Economics - Speech (Webcasts)

  

  

  Understanding the gap: the difference between perceived and measured inflation - Deputy Governor Lawrence Schembri of the Bank of Canada speaks by videoconference before the Canadian Association for Business Economics (CABE) (13:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• August 25, 2020

  The gap between inflation perceptions and reality

  Speech summary Lawrence L. Schembri Canadian Association for Business Economics Kingston, Ontario

  Deputy Governor Lawrence Schembri talks about the difference between how Canadians perceive inflation and the actual measured rate, why this gap may exist, and what it could mean for monetary policy and the economy.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Central bank research, Coronavirus disease (COVID-19), Inflation and prices, Inflation targets, Monetary policy