April 26, 2007 Release of the Monetary Policy Report Opening statement David Dodge Growth of the Canadian economy has been essentially in line with the Bank's expectations as set out in the January Monetary Policy Report Update. But inflation has been higher than expected. After considering the full range of indicators, the Bank now judges that the Canadian economy was operating just above its production capacity in the first quarter of this year. Content Type(s): Press, Speeches and appearances, Opening statements
July 31, 2022 Research Update - July 2022 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
April 28, 2015 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Good morning, Mr. Chairman and committee members. Carolyn and I are happy to be here for one of our twice-yearly meetings on our Monetary Policy Report (MPR). Today we will outline for you the Bank’s latest economic outlook, published in our MPR on 15 April. In this volatile and uncertain environment, it is helpful to […] Content Type(s): Press, Speeches and appearances, Opening statements
January 24, 2006 Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/2 per cent. Content Type(s): Press, Press releases
July 15, 2003 Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 3 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3 per cent. Content Type(s): Press, Press releases
April 15, 2003 Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/4 per cent. Content Type(s): Press, Press releases
April 29, 2014 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Thank you for the opportunity for Tiff and me to be here today to share with you highlights from the Bank of Canada’s recent economic outlook. The Bank aims to communicate openly and effectively so that Canadians know how we are achieving our mandate to promote the economic and financial welfare of this country. One […] Content Type(s): Press, Speeches and appearances, Opening statements
April 13, 2011 Release of the Monetary Policy Report Opening statement Mark Carney Ottawa, Ontario As anticipated in January, the global economic recovery is becoming more firmly entrenched and is expected to continue at a steady pace. In the United States, growth is solidifying, although consolidation of household and ultimately government balance sheets will limit the pace of the expansion. Content Type(s): Press, Speeches and appearances, Opening statements
April 16, 2025 Monetary Policy Report—April 2025—Risks Given the unprecedented shift in the direction of US trade policy, there is considerable uncertainty about how tariffs could impact the economy. The degree to which prices will rise and economic activity will weaken is unclear.
January 29, 2025 Monetary Policy Report Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the monetary policy decision. Content Type(s): Press, Speeches and appearances, Opening statements