Speech summaries

• May 25, 2020

  Dealing with extreme uncertainty

  Speech summary Stephen S. Poloz University of Alberta’s Eric J. Hanson Memorial Lecture Edmonton, Alberta

  In a lecture capping off his time as Governor, Stephen S. Poloz discusses how the Bank uses a risk management approach to deal with uncertainty about risks such as the ones associated with the COVID-19 pandemic.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Financial stability, Inflation targets, Monetary policy, Monetary policy and uncertainty, Monetary policy framework, Monetary policy implementation
• May 20, 2020

  Decisive actions in difficult times

  Speech summary Timothy Lane CFA Society Winnipeg and the Manitoba Association for Business Economics Winnipeg, Manitoba

  Deputy Governor Timothy Lane talks about the Bank’s decisive actions in response to COVID-19, and how these will help Canadians now and in the future.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Credit and credit aggregates, Credit risk management, Domestic demand and components, Financial institutions, Financial markets, Financial services, Financial stability, Fiscal policy, Housing, Inflation and prices, Inflation targets, Interest rates, International financial markets, Labour markets, Lender of last resort, Market structure and pricing, Monetary policy, Monetary policy and uncertainty, Monetary policy implementation, Monetary policy transmission, Productivity, Recent economic and financial developments, Service sector, Trade integration
• March 5, 2020

  Labour market is key to Canada’s resilience

  Speech summary Stephen S. Poloz Women in Capital Markets Toronto, Ontario

  Governor Stephen S. Poloz talks about how the labour market is a key source of resilience for Canada’s economy and reviews the Bank of Canada’s decision to lower interest rates. 

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Interest rates, Labour markets, Monetary policy, Recent economic and financial developments
• February 25, 2020

  Exploring new ways to pay

  Speech summary Timothy Lane CFA Montreal FinTech RDV 2020 Montréal, Quebec

  Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Cryptoassets, Cryptocurrencies, Digital currencies and fintech
• February 5, 2020

  Securing prosperity is up to all of us

  Speech summary Carolyn A. Wilkins Economic Club of Canada Toronto, Ontario

  Senior Deputy Governor Carolyn A. Wilkins explains that Canada is well-positioned to secure prosperity and avoid a long period of slow growth if we take the right steps.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Business fluctuations and cycles, Fiscal policy, Interest rates, International topics, Monetary policy framework, Potential output, Productivity
• January 30, 2020

  How vulnerabilities like debt can affect interest rates

  Speech summary Paul Beaudry Laval University Québec, Québec

  Deputy Governor Paul Beaudry explains to students at Laval University why financial vulnerabilities—such as household debt—are important for the Bank of Canada when it sets interest rates.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Central bank research, Credit risk management, Financial stability, Inflation targets, Interest rates, Monetary policy, Monetary policy framework, Monetary policy implementation
• December 12, 2019

  The Bank of Canada’s plans for 2020

  Speech summary Stephen S. Poloz Empire Club of Canada Toronto, Ontario

  In his traditional year-end speech, Governor Stephen S. Poloz described some of the long-term forces affecting the global and Canadian economies that will shape the Bank’s work in 2020.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Digital currencies and fintech, Economic models, Inflation targets, International topics, Monetary policy framework, Productivity
• December 5, 2019

  Canadian economy resilient despite global uncertainty

  Speech summary Timothy Lane Ottawa Board of Trade and Ottawa Business Journal Ottawa, Ontario

  Speaking a day after we decided to hold interest rates steady, Deputy Governor Timothy Lane explained that Canada’s economy remains resilient.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Monetary policy, Monetary policy framework, Recent economic and financial developments
• November 19, 2019

  Financial stability in an uncertain world

  Speech summary Carolyn A. Wilkins The International Finance Club of Montreal Montréal, Quebec

  Senior Deputy Governor Carolyn A. Wilkins talks about the recent strengthening of Canada’s financial system.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Climate change, Financial institutions, Financial stability, Financial system regulation and policies, Trade integration
• September 5, 2019

  Canadian economy resilient even as global outlook worsens

  Speech summary Lawrence L. Schembri Halifax Chamber of Commerce Halifax, Nova Scotia

  Speaking a day after we decided to hold interest rates steady, Deputy Governor Lawrence Schembri discussed the key points Governing Council considered in their decision.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Inflation and prices, Inflation targets, Monetary policy, Monetary policy framework, Recent economic and financial developments