June 23, 2008 Real Estate, Mortgage Markets, and Monetary Policy Remarks Sheryl Kennedy Investment Industry Association of Canada Banff, Alberta For many Canadians, one of the most important investments they'll make is the purchase of a house. And for you as financial market professionals, the links between the housing market and financial markets have important consequences. Content Type(s): Press, Speeches and appearances, Remarks
November 10, 2008 The Quest for Confidence: 400 Years of Money – from La Nouvelle France to Canada Today Remarks Pierre Duguay students and faculty of Laval University Québec, Québec As we celebrate the 400th anniversary of the founding of Quebec, I thought it would be fitting for me, as a central banker, to take a look at how money has evolved over part of the past four centuries. Content Type(s): Press, Speeches and appearances, Remarks
May 25, 2020 Monetary policy in unknowable times Lecture Stephen S. Poloz Eric J. Hanson Memorial Lecture University of Alberta Edmonton, Alberta Governor Stephen S. Poloz discusses the evolution of the way the Bank takes a risk-management approach in the conduct of monetary policy, and what this implies for the recovery from the pandemic. Content Type(s): Press, Speeches and appearances, Lectures Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework
April 29, 2026 Monetary Policy Report—April 2026—Canadian economy—Tariff and other assumptions Average US tariff rates decreased recently, both globally and in Canada. But the future of trade in North America remains a key source of uncertainty. The war in the Middle East has pushed global oil prices up sharply.
July 15, 2015 Bank of Canada lowers overnight rate target to 1/2 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 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
May 24, 2002 Convocation address Remarks David Dodge Graduating class of the Faculty of Engineering Queen's University Kingston, Ontario Queen's motto is Sapientia et Doctrina Stabilitas, which we generally translate as "Wisdom and knowledge shall be the strength of thy times." This motto is especially pertinent to you as engineers graduating today. Content Type(s): Press, Speeches and appearances, Remarks
September 10, 2024 Global trade in a changing world Speech summary Tiff Macklem Canada-UK Chamber of Commerce London, United Kingdom Governor Tiff Macklem talks about how geopolitical, economic and social forces are changing global trade. He also discusses how Canada can benefit from trade shifts and prepare for future supply shocks. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth, Inflation
September 18, 2008 Measuring Inflation: Methodology and Misconceptions Remarks John Murray Certified General Accountants of Ontario Toronto, Ontario These past few months have been busy for central bankers, to say the least, and the past few days are certainly no exception. While developments on Wall Street have garnered much attention, the cost of living has also been an issue for us all, whether we're buying gas at the pumps, booking an airline ticket, or just picking up a loaf of bread at the grocery store. Content Type(s): Press, Speeches and appearances, Remarks
November 16, 2021 Labour market uncertainties and monetary policy Remarks (delivered virtually) Lawrence L. Schembri Canadian Association for Business Economics Toronto, Ontario Deputy Governor Lawrence Schembri talks about changes to the labour market, and how the pandemic affected Canadian workers. He also discusses how the Bank is adapting labour market analysis tools to help guide monetary policy decisions that will support a more inclusive recovery. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation, Inflation targeting framework
November 16, 2000 Credit Derivatives Bank of Canada Review - Autumn 2000 John Kiff, Ron Morrow Credit derivatives are a useful tool for lenders who want to reduce their exposure to a particular borrower but are unwilling to sell their claims on that borrower. Without actually transferring ownership of the underlying assets, these contracts transfer risk from one counterparty to another. Commercial banks are the major participants in this growing market, using these transactions to diversify their portfolios of loans and other risky assets. The authors examine the size and workings of this relatively new market and discuss the potential of these transactions for distorting existing incentives for risk management and risk monitoring. Content Type(s): Publications, Bank of Canada Review articles