August 27, 2020
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August 26, 2020
Closing remarks
Remarks (delivered virtually)
Carolyn A. Wilkins
Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework”
Ottawa, Ontario
Senior Deputy Governor Carolyn A. Wilkins concluded a day-long workshop on the renewal of the monetary policy framework with a summary of the discussions, and she outlined next steps on the path to the 2021 renewal.
Content Type(s):
Press,
Speeches and appearances,
Remarks
Topic(s):
Central bank research,
Inflation targets,
Monetary policy,
Monetary policy and uncertainty,
Monetary policy framework
August 26, 2020
Opening remarks
Remarks (delivered virtually)
Carolyn A. Wilkins
Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework”
Ottawa, Ontario
Senior Deputy Governor Carolyn A. Wilkins discusses the challenges the Bank of Canada is facing as it seeks to renew its inflation-control target in 2021. Kicking off a day-long workshop on the renewal of the monetary policy framework, she explains how the Bank’s research on alternative frameworks is shaping up and invites discussion of how the COVID-19 crisis has changed what is known about alternative policy tools in action.
Content Type(s):
Press,
Speeches and appearances,
Remarks
Topic(s):
Central bank research,
Inflation targets,
Monetary policy,
Monetary policy and uncertainty,
Monetary policy framework
August 25, 2020
Our COVID-19 response: Large-scale asset purchases
The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial assets. Our purchases serve two purposes. They help key financial markets work properly, and they can help increase spending in the economy. This leads to more employment and stronger economic growth.
August 25, 2020
The gap between inflation perceptions and reality
Deputy Governor Lawrence Schembri talks about the difference between how Canadians perceive inflation and the actual measured rate, why this gap may exist, and what it could mean for monetary policy and the economy.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Topic(s):
Central bank research,
Coronavirus disease (COVID-19),
Inflation and prices,
Inflation targets,
Monetary policy