Toward 2021: Speeches

To help inform Canadians about the renewal process, Governing Council members spoke publicly about the economy and issues related to the monetary policy framework.

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15 result(s)
December 15, 2021

Our monetary policy framework: Continuity, clarity and commitment

Remarks (delivered virtually) Tiff Macklem Empire Club of Canada Toronto, Ontario
Governor Tiff Macklem discusses the Bank of Canada’s renewed monetary policy framework. He reviews Canada’s experience with flexible inflation targeting and explains why the Bank and the Government of Canada agreed to renew the 2 percent inflation target.
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Central bank research, Coronavirus disease (COVID-19), Credibility, Expectations, Inflation and prices, Inflation targets, Labour markets, Monetary policy, Monetary policy and uncertainty, Monetary policy communications, Monetary policy framework, Monetary policy implementation, Recent economic and financial developments Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework
December 13, 2021

Opening statement by Tiff Macklem

Opening statement Tiff Macklem National Press Theatre Ottawa, Ontario
Governor Tiff Macklem discusses the renewed monetary policy framework agreed upon by the Government of Canada and the Bank of Canada.
Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Inflation targets, Monetary policy communications, Monetary policy framework, Monetary policy implementation Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
August 26, 2020

Closing remarks

Remarks (delivered virtually) Carolyn A. Wilkins Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework” Ottawa, Ontario
Senior Deputy Governor Carolyn A. Wilkins concluded a day-long workshop on the renewal of the monetary policy framework with a summary of the discussions, and she outlined next steps on the path to the 2021 renewal.
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Central bank research, Inflation targets, Monetary policy, Monetary policy and uncertainty, Monetary policy framework Subject(s): Financial system, Financial markets, Monetary policy, Economic models, Inflation, Inflation targeting framework
August 26, 2020

Opening remarks

Remarks (delivered virtually) Carolyn A. Wilkins Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework” Ottawa, Ontario
Senior Deputy Governor Carolyn A. Wilkins discusses the challenges the Bank of Canada is facing as it seeks to renew its inflation-control target in 2021. Kicking off a day-long workshop on the renewal of the monetary policy framework, she explains how the Bank’s research on alternative frameworks is shaping up and invites discussion of how the COVID-19 crisis has changed what is known about alternative policy tools in action.
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Central bank research, Inflation targets, Monetary policy, Monetary policy and uncertainty, Monetary policy framework Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
June 22, 2020

Monetary policy in the context of COVID-19

Remarks (delivered virtually) Tiff Macklem Canadian clubs and cercles canadiens Ottawa, Ontario
Governor Tiff Macklem talks about the conduct of monetary policy in the context of COVID-19.
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Coronavirus disease (COVID-19), Inflation targets, Monetary policy, Monetary policy framework, Monetary policy implementation Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
January 5, 2020

Monetary Policy Frameworks in a World of Low Interest Rates

Remarks Carolyn A. Wilkins American Economic Association San Diego, California
Archived panel discussion hosted by the Bank for International Settlements at the American Economic Association’s 2020 Annual Meeting of Allied Social Science Associations.
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Inflation targets, Monetary policy framework Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation targeting framework
December 12, 2019

Big Issues Ahead: The Bank’s 2020 Vision

Remarks Stephen S. Poloz Empire Club of Canada Toronto, Ontario
Governor Stephen S. Poloz discusses how long-term global economic forces will drive the Bank of Canada’s work agenda in 2020 and beyond.
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Digital currencies and fintech, Economic models, Inflation targets, International topics, Monetary policy framework, Productivity Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation targeting framework
June 17, 2019

Flexible Exchange Rates, Commodity Prices and Price Stability

Remarks Lawrence L. Schembri Economics Society of Northern Alberta (ESNA) Edmonton, Alberta
Deputy Governor Lawrence Schembri speaks before the Economics Society of Northern Alberta (ESNA).
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Exchange rate regimes, Exchange rates, Financial markets, Inflation targets, Monetary policy framework Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
February 21, 2019

Toward 2021: The Power—and Limitations—of Policy

Remarks Stephen S. Poloz The Chamber of Commerce of Metropolitan Montreal Montréal, Quebec
Governor Poloz explains that monetary policy is a powerful tool to promote economic welfare, but it also has some important limits.
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Central bank research, Financial stability, Inflation targets, Monetary policy and uncertainty, Monetary policy framework, Recent economic and financial developments Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
November 20, 2018

Choosing the Best Monetary Policy Framework for Canada

Remarks Carolyn A. Wilkins McGill University Max Bell School of Public Policy Montréal, Quebec
Senior Deputy Governor Carolyn A. Wilkins discusses public policy issues around monetary policy frameworks and how those issues have become more complex in the post-global financial crisis world.
Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Central bank research, Fiscal policy, Inflation and prices, Inflation targets, Interest rates, Monetary policy framework Subject(s): Financial system, Financial stability, Monetary policy, Economic models, Economy/Economic growth, Inflation targeting framework
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