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

As part of the 2021 renewal of the Bank of Canada’s inflation-control agreement with the Government of Canada, Bank staff are currently comparing several monetary policy frameworks. The primary goal of this day-long workshop is to share—and receive comments on—these comparisons. The workshop will also examine lessons learned from the response to the COVID-19 economic slowdown regarding:

• alternative monetary policy tools
• complementarities between monetary policy and fiscal policy
• macroprudential policies

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.