Lawrence L. Schembri - Latest

May 16, 2019
Financial System Review Summary—2019

Stephen S. Poloz, Carolyn A. Wilkins, Timothy Lane, Lawrence L. Schembri, Lynn Patterson, Paul Beaudry
In our Financial System Review, we identify the main vulnerabilities and risks to financial stability in Canada and explain how they have evolved over the past year. This issue reflects the Bank’s judgment that the vulnerabilities associated with high household debt and imbalances in the housing market have declined modestly but remain significant. The Financial System Review is a product of the Governing Council of the Bank of Canada: Stephen S. Poloz, Carolyn A. Wilkins, Timothy Lane, Lawrence Schembri, Lynn Patterson and Paul Beaudry.
Content Type(s): Publications, Financial Stability Report
Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada

Staff Discussion Paper 2018-18 Thomas J. Carter, Rhys R. Mendes, Lawrence L. Schembri
In 1991, Canada became the second country to adopt an inflation target as a central pillar of its monetary policy framework. The regime has proven much more successful than initially expected, both in achieving price stability and in stabilizing the real economy against a wide range of shocks.
Content Type(s): Staff research, Staff discussion papers Topic(s): Credibility, Inflation targets, Monetary policy, Monetary policy framework JEL Code(s): E, E5, E52, E58, E6, E61
May 16, 2018
CFA Society Ottawa and the Ottawa Economics Association - Speech (Webcast)

The (Mostly) Long and Short of Potential Output - Deputy Governor Lawrence Schembri speaks before the CFA Society Ottawa and the Ottawa Economics Association. (12:30 (ET) approx.)

Content Type(s): Press, Speeches and appearances, Webcasts
May 16, 2018
The (Mostly) Long and Short of Potential Output

Remarks Lawrence L. Schembri Ottawa Economics Association and CFA Society Ottawa Ottawa, Ontario
Deputy Governor Lawrence Schembri discusses the importance of potential output to monetary policy, as well as policy challenges and opportunities in a world of low potential output growth.
Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Inflation targets, Interest rates, Labour markets, Monetary policy, Monetary policy framework, Potential output, Productivity
February 15, 2018
Manitoba Association for Business Economics (MABE) - Speech (Webcasts)

Canada’s approach to price stability - Deputy Governor Lawrence Schembri speaks before the Manitoba Association for Business Economics (MABE). (13:45 (ET) approx.)

Content Type(s): Press, Speeches and appearances, Webcasts
February 15, 2018
Anchoring Expectations: Canada’s Approach to Price Stability

Remarks Lawrence L. Schembri Manitoba Association for Business Economists Winnipeg, Manitoba
Deputy Governor Lawrence Schembri examines the success of the Bank’s monetary policy framework and explains the review being undertaken before its renewal in 2021.
Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Credibility, Fiscal policy, Inflation and prices, Inflation targets, Monetary policy framework
September 14, 2017
Bank of Canada Workshop “Monetary Policy Framework Issues: Toward the 2021 Inflation-Target Renewal”

Remarks Lawrence L. Schembri Ottawa, Ontario
Deputy Governor Lawrence Schembri opens the Bank’s Monetary Policy Framework Issues: Toward the 2021 Inflation-Target Renewal workshop.
Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Credibility, Inflation and prices, Inflation targets, International topics, Monetary policy framework
March 21, 2017
Greater Vancouver Board of Trade - Speech (Webcasts)

Getting Down to Business: Investment and the Economic Outlook - Deputy Governor Lawrence Schembri speaks to the Greater Vancouver Board of Trade (15:45 (ET) approx.)

Content Type(s): Press, Speeches and appearances, Webcasts
March 21, 2017
Getting Down to Business: Investment and the Economic Outlook

Remarks Lawrence L. Schembri Greater Vancouver Board of Trade Vancouver, British Columbia
Deputy Governor Lawrence Schembri discusses the factors affecting business investment and the implications for the economic outlook.
Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Domestic demand and components, Inflation and prices, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments
February 9, 2017
Western University - Speech (Webcasts)

Getting to the Core of Inflation - Deputy Governor Lawrence Schembri speaks at Western University. (11:35 (ET) approx.)

Content Type(s): Press, Speeches and appearances, Webcasts