May 27, 2020
What’s behind your mortgage rate
Here’s what determines the interest rate on your mortgage—and why that rate can go up and down.
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May 26, 2020
Opening Statement before the Senate National Finance Committee
Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I welcome the opportunity to appear before you to discuss the Bank of Canada’s actions in response to the coronavirus pandemic. Since the pandemic began, the Bank has had two goals in mind. In the short term, we have been working to help […]
May 25, 2020
Dealing with extreme uncertainty
Speech summary
Stephen S. Poloz
University of Alberta’s Eric J. Hanson Memorial Lecture
Edmonton, Alberta
In a lecture capping off his time as Governor, Stephen S. Poloz discusses how the Bank uses a risk management approach to deal with uncertainty about risks such as the ones associated with the COVID-19 pandemic.
May 22, 2020
Our COVID-19 response: Policy actions
In the days and weeks since the COVID-19 pandemic came to Canada, the Bank of Canada has been taking action to ensure our economy and financial system are weathering the unprecedented shock of the shutdown.
Content Type(s):
Publications,
The Economy, Plain and Simple
Topic(s):
Coronavirus disease (COVID-19)
May 20, 2020
Decisive actions in difficult times
Speech summary
Timothy Lane
CFA Society Winnipeg and the Manitoba Association for Business Economics
Winnipeg, Manitoba
Deputy Governor Timothy Lane talks about the Bank’s decisive actions in response to COVID-19, and how these will help Canadians now and in the future.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Topic(s):
Coronavirus disease (COVID-19),
Credit and credit aggregates,
Credit risk management,
Domestic demand and components,
Financial institutions,
Financial markets,
Financial services,
Financial stability,
Fiscal policy,
Housing,
Inflation and prices,
Inflation targets,
Interest rates,
International financial markets,
Labour markets,
Lender of last resort,
Market structure and pricing,
Monetary policy,
Monetary policy and uncertainty,
Monetary policy implementation,
Monetary policy transmission,
Productivity,
Recent economic and financial developments,
Service sector,
Trade integration