February 6, 2024 Monetary policy: The right tool for the right job Remarks Tiff Macklem Montreal Council on Foreign Relations Montréal, Quebec Governor Tiff Macklem discusses how monetary policy is working to bring inflation down—and how it has worked to return inflation to target over the last 25 years. He also talks about the limits of monetary policy, and why the right focus is on controlling inflation in the medium term. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Housing, Inflation targets, Inflation: costs and benefits, Interest rates, Monetary policy, Monetary policy implementation, Monetary policy transmission, Price stability, Productivity
February 5, 2024 Université de Sherbrooke crowned National Champion of The Governor’s Challenge The Bank of Canada is pleased to announce the Université de Sherbrooke has won the ninth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Announcements Source(s): The Governor's Challenge
February 5, 2024 CFEC Releases Results of October 2023 Foreign Exchange Volume Survey The Canadian Foreign Exchange Committee (CFEC) released today the results of its October 2023 semi-annual survey of foreign exchange volumes in Canada. Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
February 2, 2024 Reintroduction of the morning auction of Receiver General cash balances The Bank of Canada (the “Bank”), in its role as fiscal agent for the Government of Canada, said today it will reintroduce the morning auction of Receiver General (RG) cash balances in the coming weeks. Content Type(s): Press, Market notices
February 1, 2024 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
February 1, 2024 Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada On Thursday, February 1, 2024, the Governor of the Bank of Canada, Tiff Macklem, will appear before the House of Commons Standing Committee on Finance. He will be accompanied by Senior Deputy Governor Carolyn Rogers. Content Type(s): Press, Media advisories
January 24, 2024 Bank of Canada Media Interview – The Wall Street Journal Tiff Macklem, Governor of the Bank of Canada, gave an interview to Paul Vieira of The Wall Street Journal. Content Type(s): Press, Media advisories
January 24, 2024 Bank of Canada Media Interview – The Canadian Press Tiff Macklem, Governor of the Bank of Canada, gave an interview to Nojoud Al Mallees of The Canadian Press. Content Type(s): Press, Media advisories
January 24, 2024 Bank of Canada interest rate announcement and release of the Monetary Policy Report On Wednesday, January 24, 2024, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision. Please note that this will take place at a new time, 09:45 (Eastern Time). Content Type(s): Press, Media advisories