December 15, 2021
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December 13, 2021
Opening statement by Tiff Macklem
Governor Tiff Macklem discusses the renewed monetary policy framework agreed upon by the Government of Canada and the Bank of Canada.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
Topic(s):
Inflation targets,
Monetary policy communications,
Monetary policy framework,
Monetary policy implementation
December 13, 2021
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Monetary Policy Framework
The objective of Canada's monetary policy is to promote the economic and financial well-being of Canadians. Experience has shown that the best way monetary policy can achieve this goal is by maintaining a low and stable inflation environment. Doing so supports a strong and inclusive labour market that provides every Canadian with opportunities for a good quality of life.
Content Type(s):
Press,
Press releases
December 9, 2021
Keeping our eyes on inflation
Deputy Governor Toni Gravelle talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He explains the link between supply bottlenecks and high inflation and why the Bank thinks both will ease over time.
December 8, 2021
Bank of Canada maintains policy rate and forward guidance
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
Content Type(s):
Press,
Press releases