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December 10, 2020

How quantitative easing works

Speech summary Paul Beaudry Greater Moncton Chamber of Commerce, the Fredericton Chamber of Commerce, and the Saint John Region Chamber of Commerce Fredericton, New Brunswick, Moncton, New Brunswick, Saint John, New Brunswick

Deputy Governor Paul Beaudry explains the Bank’s quantitative easing program and its role in the economic recovery. He also discusses the Bank’s decision yesterday to leave the policy rate unchanged.

Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework

December 9, 2020

Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program

Media Relations Ottawa, Ontario

The Bank of Canada today maintained 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.

Content Type(s): Press, Press releases

November 26, 2020

Opening Statement before the House of Commons Standing Committee on Finance

Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario

Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework

November 24, 2020

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

Media Relations Ottawa, Ontario

The Bank of Canada has announced the five finalist teams in the 2020-21 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, Press releases Source(s): The Governor's Challenge

November 23, 2020

Taking the pulse of Canada’s financial system

Speech summary Toni Gravelle Autorité des marchés financiers Montréal, Quebec

Deputy Governor Toni Gravelle discusses how the Bank of Canada is carefully monitoring our financial system as the economy recovers from the COVID‑19 pandemic.

Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial markets, Financial stability

Corporate governance

Accessibility

Reconciliation Action Plan

Bank of Canada Museum

What is a central bank?

Work at the Bank

Corporate governance

Accessibility

Reconciliation Action Plan

Bank of Canada Museum

What is a central bank?

Work at the Bank

Featured

Renewing Canada’s monetary policy framework

Retail payments supervision

Canada Mortgage Bonds

Counterfeit prevention

Our next $20 bank note

Economic survey results

Monetary Policy Report—January 2026

The trade conflict hasn’t derailed supply chains. Here’s why.

The trade conflict hasn’t derailed supply chains. Here’s why.

Info

Speech: Empire Club of Canada

Staff economic projections