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Speech: Gatineau Chamber of Commerce

Economic Progress Report — Deputy Governor Paul Beaudry speaks by videoconference (11:00 (ET) approx.).

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June 2, 2022

Navigating high inflation

Speech summary Paul Beaudry Gatineau Chamber of Commerce Gatineau, Quebec
On June 1, the Bank of Canada decided to increase its policy interest rate by half a percentage point. Speaking the next day, Deputy Governor Paul Beaudry explains why inflation has been higher than expected and what we are doing to get it back to our 2% target.
June 2, 2022

Economic progress report: Navigating a high inflation environment

Remarks (delivered virtually) Paul Beaudry Gatineau Chamber of Commerce Gatineau, Quebec
Bank of Canada Deputy Governor Paul Beaudry talks about the Bank’s latest interest rate announcement and the importance of keeping inflation expectations well anchored to prevent high inflation from becoming entrenched.
June 2, 2022

Media Availability: Gatineau Chamber of Commerce

Economic Progress Report — Deputy Governor Paul Beaudry takes questions from reporters by videoconference following his remarks (12:15 (ET) approx.).