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June 30, 2020

Bank of Canada partners with the Bank for International Settlements to launch innovation centre

Media Relations Ottawa, Ontario

The Bank for International Settlements (BIS) and the Bank of Canada announced today they will be launching a BIS Innovation Hub centre to advance fintech innovation within the central banking community.

Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech

June 29, 2020

Our COVID-19 response: Supporting operations

Filipe Dinis

When the realities of the COVID-19 pandemic became clear, the Bank moved quickly to adapt its internal operations and support business continuity in our financial system.

Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19)

June 22, 2020

Targeting inflation during the pandemic

Speech summary Tiff Macklem Canadian Clubs and Cercles canadiens Ottawa, Ontario

In his first speech, Governor Tiff Macklem explains how the Bank’s commitment to low, stable and predictable inflation has guided our actions during COVID-19.

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

June 18, 2020

Spending patterns in a pandemic

Speech summary Lawrence L. Schembri Greater Saskatoon Chamber of Commerce Saskatoon, Saskatchewan

Deputy Governor Lawrence Schembri explains how household spending has changed because of COVID-19 and discusses why the Bank expects the recovery to have two phases.

Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Domestic demand and components, Financial institutions, Financial services, Financial stability, Firm dynamics, Fiscal policy, Housing, Inflation and prices, Labour markets, Monetary policy, Recent economic and financial developments, Regional economic developments, Service sector

June 16, 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

Introduction Good afternoon, Chair and committee members. It is an honour for me to appear before you as the 10th Governor of the Bank of Canada. I look forward to working with parliamentarians over the next seven years through regular appearances before committees of the House and Senate. These are an important part of the […]

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

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Speech: Greater Vancouver Board of Trade

Staff economic projections