March 6, 2024 Monetary Policy Decision Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision. Content Type(s): Press, Speeches and appearances, Opening statements
March 6, 2024 Bank of Canada Interest Rate Announcement On Wednesday, March 6, 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. Content Type(s): Press, Media advisories
March 6, 2024 Reuters Tiff Macklem, Governor of the Bank of Canada Interview with Reuters Content Type(s): Press, Media activities
February 26, 2024 CARR Meeting (February 26, 2024) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
How changes in the share of constrained households affect the effectiveness of monetary policy Staff Analytical Note 2024-3 Felipe Alves, Sushant Acharya We measure how the change in the share of constrained households in Canada following the COVID-19 recession has impacted the effectiveness of monetary policy. Content Type(s): Staff research, Staff analytical notes Topic(s): Coronavirus disease (COVID-19), Monetary policy transmission JEL Code(s): E, E2, E21, E4, E40, E5, E50
February 21, 2024 Notice of significant change or new activity This draft supervisory guideline explains the significant change and new activity notice requirements applicable to payment service providers subject to the Retail Payment Activities Act and provides clarity on how the Bank expects payment service providers to comply with them.
February 21, 2024 Incident notification This draft supervisory guideline explains the incident reporting requirements applicable to payment service providers subject to the Retail Payment Activities Act and provides clarity on how the Bank expects payment service providers to comply with them.
February 21, 2024 Operational risk and incident response This draft supervisory guideline is intended to help payment service providers subject to the Retail Payment Activities Act comply with their obligations related to the identification and mitigation of their operational risks as well as their response to incidents.
February 21, 2024 Safeguarding end-user funds This draft supervisory guideline is intended to help payment service providers subject to the Retail Payment Activities Act meet their obligations related to safeguarding end-user funds.
How Do Agents Form Macroeconomic Expectations? Evidence from Inflation Uncertainty Staff Working Paper 2024-5 Tao Wang The uncertainty regarding inflation that is observed in density forecasts of households and professionals helps macroeconomists understand the formation mechanism of inflation expectations. Shocks to inflation take time to be perceived by all agents in the economy, and such rigidity is lower in a high-inflation environment. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Inflation and prices, Monetary policy and uncertainty JEL Code(s): D, D8, D84, E, E3, E31, E7, E71