May 11, 2000 Bank of Canada releases its semi-annual Monetary Policy Report Media Relations The Bank of Canada today released its eleventh Monetary Policy Report in which it discusses economic and financial trends in the context of Canada's inflation-control strategy. The Monetary Policy Report is published every May and November. Content Type(s): Press, Press releases
Implementation and Effectiveness of Extended Monetary Policy Tools: Lessons from the Literature Staff discussion paper 2020-16 Grahame Johnson, Sharon Kozicki, Romanos Priftis, Lena Suchanek, Jonathan Witmer, Jing Yang This paper summarizes the literature on the performance of various extended monetary policy tools when conventional policy rates are constrained by the effective lower bound. We highlight issues that may arise when these tools are used by central banks of small open economies. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E5, E52, E58, E6, E63 Research Theme(s): Monetary policy, Monetary policy framework and transmission, Monetary policy tools and implementation
March 31, 2021 Bank of Canada releases results from consultations on inflation and monetary policy Media Relations Ottawa, Ontario Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank does. Here’s what they told us. Content Type(s): Press, Press releases
A Horse Race of Alternative Monetary Policy Regimes Under Bounded Rationality Staff discussion paper 2022-4 Joel Wagner, Tudor Schlanger, Yang Zhang We introduce bounded rationality in a canonical New Keynesian model calibrated to match Canadian macroeconomic data since Canada’s adoption of inflation targeting. We use the model to quantitatively assess the macroeconomic impact of alternative monetary policy regimes. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E2, E27, E3, E4, E5, E52, E58 Research Theme(s): Models and tools, Economic models, Monetary policy, Monetary policy framework and transmission
September 14, 2017 Monetary Policy Framework Issues: Toward the 2021 Inflation-Target Renewal Workshop webcast live on September 14, 2017, held at the Bank of Canada, to explore the role and objectives of monetary policy, monetary policy tools, transparency and communications, and lessons learned from other central banks. Content Type(s): Conferences and workshops
September 14, 2017 Monetary Policy Framework Issues: Toward the 2021 Inflation-Target Renewal Remarks Carolyn A. Wilkins Ottawa, Ontario Senior Deputy Governor Carolyn A. Wilkins reviews key themes discussed by participants at the workshop “Monetary Policy Framework Issues: Toward the 2021 Inflation-Target Renewal”. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economic models, Economy/Economic growth, Inflation targeting framework
February 21, 2019 History demonstrates the power and limitations of monetary policy, Governor Poloz says Media Relations Montréal, Quebec Monetary policy has proven to be a powerful instrument to control inflation and promote Canada’s economic welfare, subject to a number of limitations, Bank of Canada Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases
October 29, 2025 Bank of Canada interest rate announcement and release of the Monetary Policy Report On Wednesday, October 29, 2025, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the interest rate decision. Content Type(s): Press, Media advisories
June 5, 2025 Talking to Canadians: How real-world insights shape monetary policy Remarks Sharon Kozicki C.D. Howe Institute Toronto, Ontario Deputy Governor Sharon Kozicki talks about how the Bank of Canada is using non-traditional data to better inform its monetary policy decisions. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
April 16, 2025 Bank of Canada interest rate announcement and release of the Monetary Policy Report On Wednesday, April 16, 2025, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision. Content Type(s): Press, Media advisories