June 2, 2022 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 — Deputy Governor Paul Beaudry speaks by videoconference (11:00 (ET) approx.).
May 12, 2022 Deputy Governor Toni Gravelle discusses the commodity price shock and its implications for the Canadian economy and monetary policy.
May 12, 2022 Commodity price shocks and the impact on growth and inflation in Canada — Deputy Governor Toni Gravelle speaks before l’Association des économistes québécois (ASDEQ) (11:50 (ET) approx.).
May 12, 2022 Deputy Governor Toni Gravelle talks about the spike in commodity prices over the past two years, the impact on inflation and how the Bank of Canada is responding.