December 13, 2021
Ottawa, Ontario
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December 13, 2021
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Monetary Policy Framework
The objective of Canada's monetary policy is to promote the economic and financial well-being of Canadians. Experience has shown that the best way monetary policy can achieve this goal is by maintaining a low and stable inflation environment. Doing so supports a strong and inclusive labour market that provides every Canadian with opportunities for a good quality of life. -
December 8, 2021
Bank of Canada maintains policy rate and forward guidance
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. -
November 30, 2021
Bank of Canada and partners host Symposium on Indigenous Economies
On November 29 and 30, the Bank of Canada, in partnership with the Tulo Centre of Indigenous Economics and Te Pūtea Matua (Reserve Bank of New Zealand), hosted the inaugural Symposium on Indigenous Economies. -
November 29, 2021
Panel: Symposium on Indigenous Economies
The Indigenous economy in Canada: Partnering to promote — Deputy Governor Lawrence Schembri speaks by videoconference (17:05 (ET) approx.).
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November 29, 2021
The Indigenous economy in Canada: Partnering to promote
As part of a panel of central bankers, Deputy Governor Lawrence Schembri speaks about economic reconciliation and why it is “completely consistent with the Bank’s mandate.” -
November 29, 2021
Opening Statement before the Symposium on Indigenous Economies
Governor Tiff Macklem speaks about the need for a more inclusive economy and says “taking concrete steps toward economic reconciliation is our responsibility too.” -
November 29, 2021
Speech: Symposium on Indigenous Economies
Opening Statement before the Symposium on Indigenous Economies — Governor Tiff Macklem speaks by videoconference (14:00 (ET) approx.).
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November 9, 2021
John Kuszczak Memorial Lecture 2021
Narrative Economics and Monetary Policy — Address by Robert Shiller, 2013 Nobel Laureate for Economic Sciences, Yale University, with introductory remarks by Paul Beaudry, Deputy Governor. -
November 3, 2021
Bank of Canada announces climate change commitments for COP26
Addressing climate change is a global challenge. While the Government of Canada has the primary responsibility for climate change policy, the Bank of Canada recognizes the importance of including climate change considerations in its work to promote the economic and financial welfare of Canadians.