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December 10, 2020

How quantitative easing works

Speech summary Paul Beaudry Greater Moncton Chamber of Commerce, the Fredericton Chamber of Commerce, and the Saint John Region Chamber of Commerce Fredericton, New Brunswick, Moncton, New Brunswick, Saint John, New Brunswick

Deputy Governor Paul Beaudry explains the Bank’s quantitative easing program and its role in the economic recovery. He also discusses the Bank’s decision yesterday to leave the policy rate unchanged.

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

December 9, 2020

Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program

Media Relations Ottawa, Ontario

The Bank of Canada today maintained 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

November 26, 2020

Opening Statement before the House of Commons Standing Committee on Finance

Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario

Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Coronavirus disease (COVID-19), Financial stability, Monetary policy, Recent economic and financial developments

November 24, 2020

Bank of Canada announces finalists for the sixth annual Governor’s Challenge

Media Relations Ottawa, Ontario

The Bank of Canada has announced the five finalist teams in the 2020-21 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.

Content Type(s): Press, Press releases Source(s): The Governor's Challenge

November 23, 2020

Taking the pulse of Canada’s financial system

Speech summary Toni Gravelle Autorité des marchés financiers Montréal, Quebec

Deputy Governor Toni Gravelle discusses how the Bank of Canada is carefully monitoring our financial system as the economy recovers from the COVID‑19 pandemic.

Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Business fluctuations and cycles, Coronavirus disease (COVID-19), Financial institutions, Financial markets, Financial stability, Recent economic and financial developments

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