The Impact of Globalization and Digitalization on the Phillips Curve Staff working paper 2022-7 Christian Friedrich, Peter Selcuk Globalization is in retreat, yet digitalization is on the rise. How will these trends impact inflation? Content Type(s): Staff research, Staff working papers JEL Code(s): E, E3, E31, E32, F, F6 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting, Structural challenges, Digitalization and productivity, International trade, finance and competitiveness
August 19, 2021 Quarterly Financial Report - Second Quarter 2021 Quarterly Financial Report - Second Quarter 2021 - For the period ended June 30, 2021 Content Type(s): Publications, Quarterly Financial Report
May 19, 2026 Bank of Canada Museum honours two Canadian educators for innovation in the classroom Media Relations Ottawa, Ontario Ethan McDonagh and Andrew Leong have won the Bank of Canada Museum’s 2026 Award for Excellence in Teaching Economics. Content Type(s): Press, Press releases
September 20, 2022 Anatomy of a pandemic: Applying old lessons and learning from new ones Speech summary Paul Beaudry University of Waterloo Faculty of Arts Distinguished Lecture in Economics Waterloo, Ontario Deputy Governor Paul Beaudry describes how the lessons learned from previous economic crises helped central bankers during the global COVID-19 pandemic. He also talks about how managing inflation expectations can help bring inflation back to target. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
December 16, 2025 Money you can count on Speech summary Tiff Macklem The Chamber of Commerce of Metropolitan Montreal Montréal, Quebec Governor Tiff Macklem discusses the Bank of Canada’s role in ensuring Canadians can trust their money in all its forms. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Currency, Bank notes, Digital currency, Monetary policy, Inflation targeting framework
May 1, 2020 Statement by Tiff Macklem on his announcement as New Governor Opening statement Tiff Macklem Ottawa, Ontario Governor-designate Tiff Macklem applauds Stephen Poloz’s leadership of the Bank and explains how much he looks forward to returning to the Bank as its next Governor. Content Type(s): Press, Speeches and appearances, Opening statements
December 13, 2012 Bank of Canada Announces Extension of Swap Facilities in coordination with other central banks The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing an extension of the existing temporary U.S. dollar liquidity swap arrangements to 1 February 2014. Previously, these swap arrangements had been authorized to 1 February 2013. Content Type(s): Press, Market notices
August 21, 2019 Expansion of Term Repo Operations for balance sheet management purposes As part of the regular management of the Bank of Canada’s (Bank) balance sheet, the Bank acquires assets to offset its liabilities, which consists mainly of bank notes in circulation and government deposits. Content Type(s): Press, Market notices Source(s): Term repo operations
March 12, 2008 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Paul Jenkins Standing Senate Committee on Banking, Trade and Commerce Let me start by saying that the issue of internal trade barriers is critically important, and I'm very pleased, Mr. Chairman, that your committee is examining it. We have reviewed previous submissions to this committee, and you will see that our focus will be slightly different. Content Type(s): Press, Speeches and appearances, Opening statements
January 24, 2024 Bank of Canada maintains policy rate, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. Content Type(s): Press, Press releases