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. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
April 22, 2010 Monetary Policy Report – April 2010 Global economic growth has been somewhat stronger than projected, with momentum in emerging-market economies increasing noticeably. Content Type(s): Publications, Monetary Policy Report
January 22, 2014 Release of the Monetary Policy Report Opening statement Stephen S. Poloz Ottawa, Ontario Press conference following the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements
May 1, 2008 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Mark Carney Standing Senate Committee on Banking, Trade and Commerce In it, we noted that growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated. Buoyant growth in domestic demand, supported by high employment levels and improved terms of trade, has been substantially offset by a fall in net exports. Content Type(s): Press, Speeches and appearances, Opening statements
July 21, 2009 Bank of Canada Announces New Schedules for Term Liquidity Operations Commencing the Week of 27 July 2009 As indicated in the 25 June announcement, the Bank of Canada today releases the following new schedules for its term liquidity operations commencing the week of 27 July 2009 and running through to the October fixed announcement date. Content Type(s): Press, Market notices
April 30, 2008 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Mark Carney House of Commons Standing Committee on Finance Growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated. Content Type(s): Press, Speeches and appearances, Opening statements
October 20, 2010 Release of the Monetary Policy Report Opening statement Mark Carney Ottawa, Ontario The global economic recovery is entering a new phase. In advanced economies, temporary factors supporting growth in 2010, such as the inventory cycle and pent-up demand, have largely run their course and fiscal stimulus will shift to fiscal consolidation over the projection horizon. Content Type(s): Press, Speeches and appearances, Opening statements
December 3, 2015 Overnight Standing Repo Facility: Terms and conditions Read the terms and conditions of the Overnight Standing Repo Facility.
February 20, 2007 Standing Senate Committee on National Finance Remarks Paul Jenkins Standing Senate Committee on National Finance Ottawa, Ontario The preamble of this bill addresses some very important issues: the need for Canadians to trust in the management of the public purse, and the importance of openness and accountability. I can assure you that the Bank of Canada takes these issues very seriously. Content Type(s): Press, Speeches and appearances, Remarks
June 11, 2002 Trust, Transparency, and Financial Markets Remarks David Dodge Greater Halifax Partnership Halifax, Nova Scotia But first, I would like to address an important subject; that is, how to promote the efficient operation of Canada's financial markets. Rather than approaching this topic in a detailed, technical way, I want to speak about two qualities that are essential to their efficient operation: trust and transparency. Content Type(s): Press, Speeches and appearances, Remarks