June 22, 2022
Deputy Governor Timothy Lane to Retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor Timothy Lane will retire on September 16, 2022.
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June 14, 2022
The Bank of Canada Museum announces recipients of new Award for Excellence in Teaching Economics
The Bank of Canada Museum is honouring two outstanding educators with a new award that recognizes exemplary work in teaching students about the economy.
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June 9, 2022
Release of the Financial System Review
Press conference following the release of the Financial System Review.
June 9, 2022
Financial System Review—2022
Tiff Macklem,
Carolyn Rogers,
Timothy Lane,
Lawrence L. Schembri,
Paul Beaudry,
Toni Gravelle,
Sharon Kozicki
The Canadian financial system remains resilient, but vulnerabilities have become more complex and risks have grown. The Bank is carefully watching households’ high levels of mortgage debt, as well as the risks associated with a price correction in Canada’s housing market.
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Publications,
Financial Stability Report
June 2, 2022
Navigating high inflation
On June 1, the Bank of Canada decided to increase its policy interest rate by half a percentage point. Speaking the next day, Deputy Governor Paul Beaudry explains why inflation has been higher than expected and what we are doing to get it back to our 2% target.
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Topic(s):
Credibility,
Expectations,
Inflation and prices,
Inflation targets,
Interest rates,
Monetary policy,
Monetary policy and uncertainty,
Monetary policy implementation,
Price stability,
Recent economic and financial developments