Lawrence L. Schembri - Latest

• May 20, 2021

  Financial System Review Summary—2021

  

  Tiff Macklem, Timothy Lane, Lawrence L. Schembri, Paul Beaudry, Toni Gravelle

  The Canadian financial system proved resilient during the COVID-19 pandemic—thanks to strong risk management and unprecedented fiscal and monetary policy support.

  Content Type(s): Publications, Financial Stability Report
• March 11, 2021

  Media Availability: Restaurants Canada

  

  

  Savings in the time of COVID-19, and the outlook for household spending — Deputy Governor Lawrence Schembri takes questions from reporters by videoconference following his remarks (14:45 (ET) approx.). 

  Content Type(s): Press, Speeches and appearances, Webcasts
• March 11, 2021

  Speech: Restaurants Canada

  

  

  Savings in the time of COVID-19, and the outlook for household spending — Deputy Governor Lawrence Schembri speaks by videoconference to Restaurants Canada (13:30 (ET) approx.). 

  Content Type(s): Press, Speeches and appearances, Webcasts
• March 11, 2021

  COVID-19, savings and household spending

  Remarks (delivered virtually) Lawrence L. Schembri Restaurants Canada Toronto, Ontario

  Deputy Governor Lawrence Schembri talks about the Bank’s latest interest rate announcement and discusses how COVID-19 has affected savings and the outlook household spending.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
• March 11, 2021

  Household consumption in a pandemic

  Speech summary Lawrence L. Schembri Restaurants Canada Toronto, Ontario

  Deputy Governor Lawrence Schembri talks about how COVID-19 has affected household saving and spending patterns and 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
• August 25, 2020

  Canadian Association for Business Economics - Speech (Webcasts)

  

  

  Understanding the gap: the difference between perceived and measured inflation - Deputy Governor Lawrence Schembri of the Bank of Canada speaks by videoconference before the Canadian Association for Business Economics (CABE) (13:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• August 25, 2020

  The gap between inflation perceptions and reality

  Speech summary Lawrence L. Schembri Canadian Association for Business Economics Kingston, Ontario

  Deputy Governor Lawrence Schembri talks about the difference between how Canadians perceive inflation and the actual measured rate, why this gap may exist, and what it could mean for monetary policy and the economy.

  Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
• August 25, 2020

  Perceived inflation and reality: understanding the difference

  Remarks (delivered virtually) Lawrence L. Schembri Canadian Association for Business Economics Kingston, Ontario

  In a virtual address to the Canadian Association for Business Economics, Deputy Governor Lawrence Schembri discusses the difference between how Canadians perceive inflation and the actual measured rate. He explains why that gap may exist and what it could mean for monetary policy and the economy.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation, Inflation targeting framework

• Strengthening Inflation Targeting: Review and Renewal Processes in Canada and Other Advanced Jurisdictions

  Staff discussion paper 2020-7 Robert Amano, Thomas J. Carter, Lawrence L. Schembri

  We summarize the review and renewal process at four central banks (Reserve Bank of New Zealand, Bank of England, Sveriges Riksbank and the US Federal Reserve Bank) and compare them with the process at the Bank of Canada, which has been well-established since 2001.

  Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E5, E52, E58 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission
• June 30, 2020

  Our COVID-19 response: Navigating diverse economic impacts

  Lawrence L. Schembri

  The pandemic and related measures to control the spread of the virus have deeply affected Canadians and the Canadian economy. The impacts have been different across sectors and regions. The economic recovery will also vary across the country as local economies start to reopen.

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation