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47 Results

June 2, 2022

Navigating high inflation

Speech summary Paul Beaudry Gatineau Chamber of Commerce Gatineau, Quebec
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.
May 12, 2022

How commodity prices affect our economy

Speech summary Toni Gravelle Association des économistes québécois Montréal, Quebec
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.
May 3, 2022

Earning the trust of Canadians

Speech summary Carolyn Rogers Women in Capital Markets Toronto, Ontario
In her first speech with the Bank of Canada, Senior Deputy Governor Carolyn Rogers talks about how independence and accountability help the Bank build and maintain trust.
March 25, 2022

Household differences and why they matter

Speech summary Sharon Kozicki Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference San Francisco, California
Deputy Governor Sharon Kozicki talks about why differences in income, wealth and debt across households are important for the economy and what the Bank of Canada will be watching for as interest rates rise.
March 3, 2022

Getting inflation back to target

Speech summary Tiff Macklem CFA Society Toronto Toronto, Ontario
Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to raise its policy interest rate. He explains that after two years of extraordinary stimulus, we are now on a path of rising interest rates.
February 9, 2022

Producing growth with less inflation

Speech summary Tiff Macklem Canadian Chamber of Commerce Canada 360 Summit Ottawa, Ontario
Governor Tiff Macklem discusses how—by investing in technology and people—businesses can help the economy grow more with less inflation.
December 15, 2021

Building on success

Speech summary Tiff Macklem Empire Club of Canada Toronto, Ontario
Governor Tiff Macklem speaks about the Bank of Canada’s monetary policy framework review and the agreement between the Government of Canada and the Bank to renew the 2 percent inflation target.
December 9, 2021

Keeping our eyes on inflation

Speech summary Toni Gravelle Surrey Board of Trade Surrey, British Columbia
Deputy Governor Toni Gravelle talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He explains the link between supply bottlenecks and high inflation and why the Bank thinks both will ease over time.
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