Press

• December 15, 2023

  The path to price stability

  Remarks Tiff Macklem Canadian Club Toronto Toronto, Ontario

  Governor Tiff Macklem discusses how the economy will continue to adjust to higher interest rates in the year ahead, and outlines what Canadians can expect from the Bank of Canada.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation, Inflation targeting framework
• December 7, 2023

  Media Availability: Windsor-Essex Regional Chamber of Commerce

  

  

  Economic Progress Report — Deputy Governor Toni Gravelle takes questions from reporters following his remarks (14:10 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• December 7, 2023

  Speech: Windsor-Essex Regional Chamber of Commerce

  

  

  Economic Progress Report — Deputy Governor Toni Gravelle speaks before the Windsor-Essex Regional Chamber of Commerce (12:50 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• December 7, 2023

  Economic progress report: Immigration, housing and the outlook for inflation

  Remarks Toni Gravelle Windsor–Essex Regional Chamber of Commerce Windsor, Ontario

  Deputy Governor Toni Gravelle discusses the latest interest rate decision along with how immigration helps Canada’s economy and how it impacts inflation.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
• December 7, 2023

  What population growth means for the economy and inflation

  Speech summary Toni Gravelle Windsor-Essex Regional Chamber of Commerce Windsor, Ontario

  Speaking a day after we decided to hold interest rates steady at 5%, Deputy Governor Toni Gravelle discusses immigration, inflation and the role that newcomers play in helping our economy grow.

  Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
• December 6, 2023

  Bank of Canada maintains policy rate, continues quantitative tightening

  Media Relations Ottawa, Ontario

  The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.

  Content Type(s): Press, Press releases
• November 30, 2023

  CARR amends recommended fallback for CDOR NHA MBS, and publishes a guide for Canadian companies transitioning from CDOR

  In 2021, CARR published “Recommended fallback language for FRNs referencing CDOR” which recommended that CDOR-linked floating rate notes (FRNs), including floating rate NHA MBS, fall back from CDOR to a CORRA fallback rate (“Fallback Rate (CORRA)” as defined in the document).

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• November 29, 2023

  What we heard: Bank of Canada publishes report on digital dollar consultations, outlines further engagement plans

  Media Relations Ottawa, Ontario

  The Bank of Canada today published a report summarizing the feedback it has received to date about a potential digital Canadian dollar.

  Content Type(s): Press, Press releases
• November 28, 2023

  Moving money with confidence: Canada’s new regime for retail payments supervision

  Remarks Ron Morrow Central 1 Momentum Summit Vancouver, British Columbia

  Executive Director of Supervision Ron Morrow discusses the creation and coming into force of a new supervision regime to oversee retail payments.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Fintech
• November 27, 2023

  Bank of Canada announces finalists for the ninth annual Governor’s Challenge

  The Bank of Canada has announced the five finalist teams in the 2023–24 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Announcements Source(s): The Governor's Challenge