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57 result(s)

September 19, 2023

Household differences and monetary policy

Speech summary Sharon Kozicki University of Regina Regina, Saskatchewan
Deputy Governor Sharon Kozicki talks about how differences in debt, income and savings across households shaped their experience through the COVID-19 pandemic and how this is affecting monetary policy now.
September 7, 2023

Staying the course

Speech summary Tiff Macklem Calgary Chamber of Commerce Calgary, Alberta
Speaking a day after we decided to maintain the policy interest rate at 5%, Governor Tiff Macklem explores some key factors behind the decision. He also explains why the 2% inflation target supports a stable economy and greater prosperity for households and businesses.
June 8, 2023

Adjusting to higher interest rates

Speech summary Paul Beaudry Greater Victoria Chamber of Commerce Victoria, British Columbia
Speaking a day after we raised interest rates, Deputy Governor Paul Beaudry talks about what Governing Council considered in its decision. He also suggests reasons why long-term interest rates could remain higher than they were before the COVID-19 pandemic.
May 4, 2023

Getting inflation back to 2%

Speech summary Tiff Macklem Toronto Region Board of Trade Toronto, Ontario
Governor Tiff Macklem explains that higher interest rates are working to slow inflation but warns that getting all the way back to the 2% target may take time. He also discusses the recent stress in the global banking sector and how financial stability and price stability work together.
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