March 8, 2007 Meeting Global Economic Challenges: The Need for Flexibility Remarks David Dodge Calgary Chamber of Commerce Calgary, Alberta Our primary objective at the Bank is to promote the economic and financial welfare of Canadians. Over the years, we have learned that the best contribution that monetary policy can make in this regard is to give Canadians confidence in the future value of their money. We do this by keeping inflation low, stable, and predictable. Content Type(s): Press, Speeches and appearances, Remarks
May 13, 2026 Summary of Governing Council deliberations: Fixed announcement date of April 29, 2026 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on April 29, 2026. Content Type(s): Publications, Summary of deliberations
October 24, 2016 Renewal of the Inflation-Control Target (October 2016) Commentary and technical data relating to the 2016 target renewal. Content Type(s): Background materials
January 23, 2007 Bank of Canada Review - Winter 2006-2007 Cover page French Provincial Issues in Canada The coins pictured on the cover are part of the National Currency Collection, Bank of Canada. Photography by Gord Carter, Ottawa. Content Type(s): Publications, Bank of Canada Review
Turning Words into Numbers: Measuring News Media Coverage of Shortages Staff discussion paper 2023-8 Lin Chen, Stéphanie Houle We develop high-frequency, news-based indicators using natural language processing methods to analyze news media texts. Our indicators track both supply (raw, intermediate and final goods) and labour shortages over time. They also provide weekly time-varying topic narratives about various types of shortages. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C5, C55, C8, C82, E, E3, E37 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Inflation dynamics and pressures, Real economy and forecasting
April 16, 2025 Monetary Policy Report—January 2025—Canadian economy—Current conditions Inflation was near the 2% target in the fourth quarter of 2024, and interest rate cuts had bolstered economic growth. But since then, the trade conflict has intensified. Trade uncertainty and tariffs are expected to slow growth and add to price pressures.
December 5, 2019 Economic Progress Report: Charting Our Own Course Remarks Timothy Lane Ottawa Board of Trade Ottawa, Ontario Deputy Governor Timothy Lane talks about the different monetary policy paths taken by Canada and the United States over the last decade and reviews the Bank of Canada’s latest interest rate decision. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
July 13, 2022 Monetary Policy Report Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements
January 12, 2015 Business Outlook Survey - Winter 2014-15 The winter Business Outlook Survey continues to provide signs of strengthening demand, especially among export-oriented firms and manufacturers. However, the outlook for businesses that are linked directly or indirectly to the energy sector has deteriorated. Content Type(s): Publications, Business Outlook Survey
June 25, 2005 Changes in the Indicator Properties of Narrow Monetary Aggregates Bank of Canada Review - Summer 2005 Tracy Chan, Ramdane Djoudad, Jackson Loi Although many countries have abandoned monetary targeting in recent decades, monetary aggregates are still useful indicators of future economic activity. Past research has shown that, compared with other monetary aggregates and expressed in real terms, net M1 and gross M1 have traditionally provided superior leading information for output growth. Content Type(s): Publications, Bank of Canada Review articles