March 27, 2020 Press Conference Opening Statement – March 27, 2020 Opening statement Stephen S. Poloz Ottawa, Ontario This unscheduled rate decision brings the policy rate to its effective lower bound, to provide support to the Canadian financial system and to the economy during the COVID-19 pandemic. Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework
September 30, 2015 Consultations on the Bank of Canada Emergency Lending Policies: Summary and Responses to Comments Received On 5 May 2015, the Bank of Canada published a consultation document entitled “Bank of Canada Emergency Lending Policies.” The consultation period ended on 4 July 2015. This page summarizes the comments received and the Bank of Canada’s responses to those comments.
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
COVID-19, Containment and Consumption Staff discussion paper 2022-5 Tatjana Dahlhaus, Daniel Hyun, Antoine Poulin-Moore, Jaime Trujillo, Saarah Sheikh, Benjamin Straus We assess the impact of COVID-19 on consumption indicators by estimating the effects of government-mandated containment measures and of the willingness of individuals to voluntarily physically distance to prevent contagion. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C2, C23, D, D1, D12, E, E6, E65, I, I1, I18 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting
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
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 18, 2013 Risk Management and Financial Reform Remarks Tiff Macklem Autorité des marchés financiers Montréal, Quebec Senior Deputy Governor Tiff Macklem discusses risk management and global financial reform. Content Type(s): Press, Speeches and appearances, Remarks
Finding the balance—measuring risks to inflation and to GDP growth Staff analytical note 2023-18 Bruno Feunou, James Kyeong Using our new quantitative tool, we show how the risks to the inflation and growth outlooks have evolved over the course of 2023. Content Type(s): Staff research, Staff analytical notes JEL Code(s): C, C3, C32, C5, C58, E, E4, E44, G, G1, G17 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission, Real economy and forecasting
May 11, 2000 Monetary Policy Report – May 2000 The global economy has shown greater strength than was anticipated at the time of the November Report. Content Type(s): Publications, Monetary Policy Report
April 20, 2026 Canadian Survey of Consumer Expectations—First Quarter of 2026 Results of the first-quarter 2026 survey, conducted before the war in the Middle East, show that concerns about high prices and economic uncertainty continue to weigh on consumers’ spending plans. Even so, consumers, particularly those working in trade-sensitive sectors, became less negative about spending than in the previous quarter, and the CSCE indicator rose slightly reflecting this improvement in spending plans. Concerns about job losses remain elevated and increased among workers in sectors where artificial intelligence poses a greater risk of task replacement. Results of a special survey conducted after the war in the Middle East began suggest that most households expect the conflict to weaken the Canadian economy and raise prices. Content Type(s): Publications, Canadian Survey of Consumer Expectations