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October 8, 2020

COVID‑19 and the financial system

Speech summary Tiff Macklem Global Risk Institute Toronto, Ontario
Governor Tiff Macklem discusses financial risks from the COVID-19 pandemic that are affecting our economy and that could shape how well it recovers. He also talks about financial risks from climate change.

October 8, 2020 Global Risk Institute’s 10th anniversary Summit - Speech (Webcasts)

The Global Risk Institute and the evolution of risks during a pandemic - Tiff Macklem, the Governor of the Bank of Canada, speaks by videoconference at the Global Risk Institute’s 10th anniversary Summit. (8:30 (Eastern Time) approx.)

September 10, 2020

Supporting growth and greater opportunity

Speech summary Tiff Macklem Canadian Chamber of Commerce Ottawa, Ontario
Governor Tiff Macklem outlines how the COVID-19 recession has had an uneven impact on Canadians and discusses the Bank’s decision yesterday to leave the policy rate unchanged.

September 10, 2020 Canadian Chamber of Commerce - Press Conference (Webcasts)

Governor Tiff Macklem of the Bank of Canada takes questions from reporters after delivering a virtual speech on the key issues behind the Bank of Canada’s September 9 rate decision. (13:45 (Eastern Time) approx.)

September 10, 2020

Economic progress report: a very uneven recovery

Remarks (delivered virtually) Tiff Macklem The Canadian Chamber of Commerce Ottawa, Ontario
Governor Tiff Macklem discusses the Bank’s latest interest rate announcement and explains the uneven impact that the COVID-19 pandemic is having on different sectors and people.

September 10, 2020 Canadian Chamber of Commerce - Speech (Webcasts)

The uneven effects of COVID-19 on different sectors and people in the economy - Tiff Macklem, the Governor of the Bank of Canada, speaks by videoconference before the Canadian Chamber of Commerce. (12:30 (Eastern Time) approx.)

September 9, 2020

Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds.
Content Type(s): Press, Press releases