August 26, 2020 Opening remarks Remarks (delivered virtually) Carolyn A. Wilkins Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework” Ottawa, Ontario Senior Deputy Governor Carolyn A. Wilkins discusses the challenges the Bank of Canada is facing as it seeks to renew its inflation-control target in 2021. Kicking off a day-long workshop on the renewal of the monetary policy framework, she explains how the Bank’s research on alternative frameworks is shaping up and invites discussion of how the COVID-19 crisis has changed what is known about alternative policy tools in action. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
April 16, 2020 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I welcome the opportunity to appear before you to discuss the Bank’s policy actions in response to the coronavirus pandemic, as well as our Monetary Policy Report (MPR), which we published yesterday. The Canadian economy is experiencing a significant and rapid contraction. The […] Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation targeting framework
March 6, 2010 By All Accounts By All Accounts is the fifth and final book in the Bank's souvenir history series. This volume presents a portrait of the Bank from the perspective of outside observers, showing how Canadians have perceived the performance of their central bank over the decades through the eyes of those who monitor its work on the public's behalf. Content Type(s): Publications, Books and monographs, Souvenir books
October 13, 2004 Bank of Canada Unveils New $50 Bank Note Media Relations Calgary, Alberta The Bank of Canada today unveiled Canada's new $50 bank note, the theme of which is Nation Building: shaping the political, legal, and social structures for democracy and equality. The new note was unveiled at a ceremony in Calgary, Alberta by the Honourable Senator Joyce Fairbairn and David Dodge, Governor of the Bank of Canada. Content Type(s): Press, Press releases
May 20, 1996 Monetary Policy Report – May 1996 This Report presents the Bank of Canada’s assessment of the trend of inflation in Canada and explains the monetary policy actions deemed necessary to keep inflation within the Bank’s inflation-control target range. Content Type(s): Publications, Monetary Policy Report
Alternative Scenario to the October 2017 MPR Base-Case Projection: Higher Potential Growth Staff analytical note 2017-18 Jing Yang, Ben Tomlin, Olivier Gervais We construct an alternative scenario in which trend labour input and business investment are stronger than that expected in the Bank of Canada’s base-case projection in the October 2017 Monetary Policy Report. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E2, E22, E24, E27, E5 Research Theme(s): Models and tools, Economic models, Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply
June 22, 2020 Monetary policy in the context of COVID-19 Remarks (delivered virtually) Tiff Macklem Canadian clubs and cercles canadiens Ottawa, Ontario Governor Tiff Macklem talks about the conduct of monetary policy in the context of COVID-19. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
March 26, 2012 Bank Note Launch Remarks Mark Carney Québec, Québec Governor Mark Carney announces the launch of the new $50 bank note. Content Type(s): Press, Speeches and appearances, Remarks
November 16, 1998 Monetary Policy Report – November 1998 During the past six months, global economic uncertainties have intensified, largely as a result of developments in emerging-market economies. Content Type(s): Publications, Monetary Policy Report
A Primer on the Canadian Bankers’ Acceptance Market Staff discussion paper 2018-6 Kaetlynd McRae, Danny Auger This paper discusses how the bankers’ acceptance (BA) market in Canada is organized and its essential link to the Canadian Dollar Offered Rate (CDOR). Globally, BAs are a niche product used only in a limited number of jurisdictions. Content Type(s): Staff research, Staff discussion papers JEL Code(s): G, G1, G18, G2, G21, G23 Research Theme(s): Financial markets and funds management, Market functioning, Market structure