Posts

• September 29, 2025

  Why we target 2% inflation

  Inflation measures the rate of growth in prices, and the Bank of Canada aims to keep it at 2%. When inflation is low, stable and predictable, the entire economy works better.

  Content Type(s): Explainers Research Topic(s): Inflation and prices, Inflation targets
• September 24, 2025

  Saskatoon Morning, CBC Radio

  

  Tiff Macklem, Governor of the Bank of Canada.
  Interview with Saskatoon Morning on CBC Radio

  Content Type(s): Press, Media activities
• September 24, 2025

  Bank of Canada Media Interview – CBC Saskatoon

  Tiff Macklem, Governor of the Bank of Canada, will give a live interview to CBC radio’s Saskatoon Morning. The interview will air today at 7:10 (Central Time).

  Content Type(s): Press, Media advisories
• September 23, 2025

  Calgary Herald

  

  Tiff Macklem, Governor of the Bank of Canada.
  Interview with The Calgary Herald.

  Content Type(s): Press, Media activities
• September 23, 2025

  Bloomberg News

  

  Tiff Macklem, Governor of the Bank of Canada.
  Interview with Bloomberg News

  Content Type(s): Press, Media activities
• September 23, 2025

  Global trade, capital flows and Canada’s prosperity

  Remarks Tiff Macklem Saskatchewan Trade and Export Partnership and the Greater Saskatoon Chamber of Commerce Saskatoon, Saskatchewan

  Governor Tiff Macklem discusses four megatrends that are transforming the global economic and financial landscape. He outlines how US tariffs are affecting the Canadian economy and what structural changes are needed to ensure Canada’s prosperity.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Exchange rates, Financial markets, Financial stability, Financial system regulation and policies, Foreign reserves management, Inflation and prices, International financial markets, International topics, Monetary policy and uncertainty, Productivity, Recent economic and financial developments, Trade integration
• September 23, 2025

  Time to roll up our sleeves

  Speech summary Tiff Macklem Saskatchewan Trade and Export Partnership and the Greater Saskatoon Chamber of Commerce Saskatoon, Saskatchewan

  Governor Tiff Macklem outlines four megatrends that are transforming the global economic and financial landscape. He also talks about the structural reform needed to ensure Canada’s long-term prosperity.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Exchange rates, Financial markets, Financial stability, Financial system regulation and policies, Foreign reserves management, Inflation and prices, International financial markets, International topics, Monetary policy and uncertainty, Productivity, Recent economic and financial developments, Trade integration

• Simulating the Resilience of the Canadian Banking Sector Under Stress: An Update of the Bank of Canada’s Top-Down Solvency Assessment Tool

  Technical Report No. 128 Omar Abdelrahman, David Xiao Chen, Cameron MacDonald, Adi Mordel, Guillaume Ouellet Leblanc

  We present a technical description of the Top-Down Solvency Assessment (TDSA) tool. As a solvency stress-testing tool, TDSA is used to assess the banking sector’s capital resilience to hypothetical future risk scenarios.

  Content Type(s): Staff research, Technical reports Research Topic(s): Economic models, Financial institutions, Financial stability, Financial system regulation and policies JEL Code(s): C, C2, C22, C5, C52, C53, G, G1, G17, G2, G21, G28
• September 23, 2025

  Bank of Canada Media Interview – Calgary Herald

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Chris Varcoe of The Calgary Herald. The interview will be published online and in print.

  Content Type(s): Press, Media advisories
• September 23, 2025

  Bank of Canada Media Interview – Bloomberg News

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Erik Hertzberg of Bloomberg News.

  Content Type(s): Press, Media advisories