Speech summaries

• December 16, 2025

  Money you can count on

  Speech summary Tiff Macklem The Chamber of Commerce of Metropolitan Montreal Montréal, Quebec

  Governor Tiff Macklem discusses the Bank of Canada’s role in ensuring Canadians can trust their money in all its forms.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Bank notes, Cryptoassets, Cryptocurrencies, Digital currencies and fintech, Financial institutions, Financial services, Financial system regulation and policies, Monetary policy framework, Payment clearing and settlement systems, Retail payments supervision
• November 19, 2025

  Canada’s weak productivity: reversing course

  Speech summary Nicolas Vincent Association des économistes québécois (ASDEQ) and CFA Québec Québec, Québec

  External Deputy Governor Nicolas Vincent discusses Canada’s longstanding weak productivity, what can be done to reverse the trend, and how we would all benefit if we do.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Domestic demand and components, Financial services, Firm dynamics, Inflation and prices, International topics, Labour markets, Monetary policy, Productivity, Trade integration
• October 9, 2025

  Prosperity through productivity

  Speech summary Carolyn Rogers Canadian Club Toronto Toronto, Ontario

  Senior Deputy Governor Carolyn Rogers discusses how productivity growth can boost Canada’s prosperity and resilience, especially in a shock-prone world. Focusing on Canada’s banking sector, she explains how competition can improve productivity. But, she warns, it comes with trade-offs that must be managed carefully.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Financial institutions, Financial services, Financial system regulation and policies, Firm dynamics, Productivity
• October 2, 2025

  Breaking down inflation

  Speech summary Rhys R. Mendes Ivey Business School London, Ontario

  Deputy Governor Rhys Mendes discusses the importance of understanding which parts of inflation are lasting and which are temporary. He also talks about the Bank of Canada’s upcoming renewal of its monetary policy framework.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Inflation and prices, Inflation targets, Monetary policy communications, Monetary policy framework, Price stability
• 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
• September 18, 2025

  Cashing in on payments innovation

  Speech summary Ron Morrow CPA The One conference Ottawa, Ontario

  Executive Director of Payments, Supervision and Oversight Ron Morrow discusses advancements in how Canadians pay for things, and why Canada needs to do more to get ahead. He also explains the Bank of Canada’s new role as the regulator for payment service providers.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Cryptocurrencies, Digital currencies and fintech, Financial system regulation and policies, Payment clearing and settlement systems, Retail payments supervision
• August 26, 2025

  Inflation targeting: A framework for today and tomorrow

  Speech summary Tiff Macklem Bank of Mexico 100ᵗʰ Anniversary Seminar Mexico City, Mexico

  Governor Tiff Macklem discusses how inflation targeting became a leading strategy among central banks for maintaining price stability. He also talks about structural change ahead, shifts in global trade and ensuring monetary policy is fit for the future.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Central bank research, Credibility, Economic models, Inflation targets, International topics, Monetary policy and uncertainty, Monetary policy framework, Price stability
• June 18, 2025

  Trade, jobs and inflation

  Speech summary Tiff Macklem St. John’s Board of Trade St. John's, Newfoundland and Labrador

  Governor Tiff Macklem discusses the trade conflict with the United States and how it is has affected the Canadian economy. He explains that restoring open trade is important for jobs, growth and price stability in Canada.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Expectations, Inflation and prices, International topics, Labour markets, Monetary policy and uncertainty, Recent economic and financial developments, Regional economic developments, Trade integration
• June 5, 2025

  Reaching out for a clearer view of the economy

  Speech summary Sharon Kozicki C.D. Howe Institute Toronto, Ontario

  Speaking a day after we decided to keep the policy interest rate at 2.75%, Deputy Governor Sharon Kozicki discusses how we make better decisions by looking at a variety of data and talking with Canadians.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Business fluctuations and cycles, Credibility, Monetary policy and uncertainty, Recent economic and financial developments, Trade integration
• March 20, 2025

  Tariffs and trade uncertainty are hurting the Canadian economy

  Speech summary Tiff Macklem Calgary Economic Development Calgary, Alberta

  Governor Tiff Macklem discusses how uncertainty about the trade war with the United States has shaken businesses and consumer confidence. He also reiterates that the Bank of Canada must ensure that high prices from tariffs do not lead to ongoing inflation.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Inflation and prices, International topics, Monetary policy and uncertainty, Recent economic and financial developments, Regional economic developments, Trade integration