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71 result(s)

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.
March 29, 2023

Lessons from our support of financial markets in tough times

Speech summary Toni Gravelle National Bank Financial Services Conference Montréal, Quebec
Deputy Governor Toni Gravelle talks about how the Bank of Canada supported markets during the COVID-19 pandemic and what we might do differently in the future. He also discusses recent turmoil in the banking system in the United States and overseas.
March 9, 2023

Understanding the reasons for high inflation

Speech summary Carolyn Rogers Manitoba Chambers of Commerce Winnipeg, Manitoba
Speaking a day after we decided to hold the policy rate, Senior Deputy Governor Carolyn Rogers talks about the factors behind high inflation and how we know inflation is falling.
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