Toni Gravelle - Latest

• May 28, 2026

  Press Conference: Financial Stability Report—2026

  

  

  Release of the Financial Stability Report — Press conference by Senior Deputy Governor Carolyn Rogers and Deputy Governor Toni Gravelle (11:00 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• May 28, 2026

  Release of the Financial Stability Report

  Opening statement Carolyn Rogers, Toni Gravelle Ottawa, Ontario

  Press conference following the release of the Financial Stability Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Financial system, Financial markets, Financial stability
• May 28, 2026

  Financial Stability Report—2026

  

  Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Nicolas Vincent, Michelle Alexopoulos

  Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.

  Content Type(s): Publications, Financial Stability Report
• May 8, 2025

  Financial Stability Report—2025

  

  Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Rhys R. Mendes, Nicolas Vincent, Michelle Alexopoulos

  Canada’s financial system is resilient. Overall, households, businesses, banks and non-bank financial intermediaries successfully weathered the pandemic, a period of elevated inflation, and sharp increases in interest rates. But the trade war currently threatens the Canadian economy and poses risks to financial stability.

  Content Type(s): Publications, Financial Stability Report
• January 16, 2025

  Speech: VersaFi (formerly Women in Capital Markets)

  

  

  Managing the Bank of Canada’s balance sheet — Deputy Governor Toni Gravelle speaks before VersaFi (formerly Women in Capital Markets) (12:45 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• January 16, 2025

  Back to normal for the balance sheet

  Speech summary Toni Gravelle VersaFi (formerly Women in Capital Markets) Toronto, Ontario

  Deputy Governor Toni Gravelle provides an update on when quantitative tightening will end and explains how the Bank of Canada will manage its balance sheet going forward.

  Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial markets, Financial stability, Funds management
• January 16, 2025

  The end of quantitative tightening and what comes next

  Remarks Toni Gravelle VersaFi (formerly Women in Capital Markets) Toronto, Ontario

  Deputy Governor Toni Gravelle provides an update on when quantitative tightening will end and how the Bank of Canada will manage its balance sheet after that.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework
• May 9, 2024

  Financial Stability Report—2024

  

  Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Rhys R. Mendes, Nicolas Vincent

  Canada’s financial system remains resilient. Over the past year, households, businesses, banks and non-bank financial institutions have continued to proactively adjust to higher interest rates. But this adjustment is not yet over and continues to present risks to financial stability. Key risks include those related to debt serviceability and asset valuations.

  Content Type(s): Publications, Financial Stability Report
• March 21, 2024

  Speech: CFA Society Toronto

  

  

  Bank of Canada: Normalization of the Balance Sheet — Deputy Governor Toni Gravelle speaks before the CFA Society Toronto (9:50 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• March 21, 2024

  Getting to a new normal

  Speech summary Toni Gravelle CFA Society Toronto Toronto, Ontario

  Deputy Governor Toni Gravelle speaks about how the Bank of Canada will manage its balance sheet once quantitative tightening ends.

  Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth