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October 7, 2020

The payoffs of higher education

Youngmin Park, Gabriela Galassi, Natalia Kyui

More education typically leads to higher pay, but as more people become educated, wages can decrease. Your education choices significantly affect your future earning potential.

Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Labour markets, Potential output, Productivity

September 17, 2020

Bank of Canada Senior Deputy Governor Carolyn A. Wilkins will not seek second term

Media Relations Ottawa, Ontario

The Board of Directors of the Bank of Canada announced today that Senior Deputy Governor Carolyn A. Wilkins informed them that she will not seek a second term.

Content Type(s): Press, Press releases

September 10, 2020

Supporting growth and greater opportunity

Speech summary Tiff Macklem Canadian Chamber of Commerce Ottawa, Ontario

Governor Tiff Macklem outlines how the COVID-19 recession has had an uneven impact on Canadians and 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), Interest rates, Labour markets, Monetary policy, Recent economic and financial developments

September 9, 2020

Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

Media Relations Ottawa, Ontario

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds.

Content Type(s): Press, Press releases

September 8, 2020

Bank of Canada announces the launch of the 2021 Fellowship Program awards

The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2021 Fellowship and Governor’s awards.

Content Type(s): Press, Announcements Source(s): Fellowship Program

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Speech: Greater Charlottetown Area Chamber of Commerce

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