June 6, 2022 Understanding quantitative easing QE is a tool that encourages spending and investment—helping us to achieve our inflation target by stabilizing the economy. Content Type(s): Explainers Topic(s): Inflation targets, Monetary policy
June 6, 2022 Financial System Survey highlights—Spring 2022 This article presents the key results from the spring 2022 Bank of Canada Financial System Survey, conducted between February 22 and March 18. The survey included a special section on the potential risks associated with the global normalization of monetary policy. Content Type(s): Publications, Financial System Survey
June 3, 2022 Canadian Alternative Reference Rate Working Group: Key documents Find key documents and reference material related to the Canadian Alternative Reference Rate Working Group (CARR).
June 2, 2022 Economic progress report: Navigating a high inflation environment Remarks (delivered virtually) Paul Beaudry Gatineau Chamber of Commerce Gatineau, Quebec Bank of Canada Deputy Governor Paul Beaudry talks about the Bank’s latest interest rate announcement and the importance of keeping inflation expectations well anchored to prevent high inflation from becoming entrenched. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Credibility, Expectations, Inflation and prices, Inflation targets, Interest rates, Monetary policy, Monetary policy and uncertainty, Monetary policy implementation, Price stability, Recent economic and financial developments
June 2, 2022 Navigating high inflation Speech summary Paul Beaudry Gatineau Chamber of Commerce Gatineau, Quebec On June 1, the Bank of Canada decided to increase its policy interest rate by half a percentage point. Speaking the next day, Deputy Governor Paul Beaudry explains why inflation has been higher than expected and what we are doing to get it back to our 2% target. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Credibility, Expectations, Inflation and prices, Inflation targets, Interest rates, Monetary policy, Monetary policy and uncertainty, Monetary policy implementation, Price stability, Recent economic and financial developments
June 2, 2022 Midi info on Radio-Canada Paul Beaudry, Deputy Governor of the Bank of Canada Interview with Midi info on Radio-Canada Content Type(s): Press, Media activities
June 2, 2022 Zone économie on Radio-Canada Paul Beaudry, Deputy Governor of the Bank of Canada Interview with Zone économie on Radio-Canada Content Type(s): Press, Media activities
June 1, 2022 Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. Content Type(s): Press, Press releases