September 14, 2016 Slow global growth poses risks for financial stability, says Senior Deputy Governor Wilkins Media Relations London, United Kingdom The decline in the global economy’s potential to grow, and the lower interest rates that come with it, pose risks for financial stability, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today. Those risks can be mitigated through deliberate efforts from the private sector and policy-makers. Content Type(s): Press, Press releases
July 15, 2026 Monetary Policy Report—July 2026—Overview After a year of weakness, Canada’s economy is showing signs of improvement. Growth is expected to pick up, and inflation eases gradually from its recent peak. Uncertainty is still high.
July 17, 2008 Release of the Monetary Policy Report Update Opening statement Mark Carney In the Update, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in certain commodity prices, particularly energy. Content Type(s): Press, Speeches and appearances, Opening statements
July 29, 2016 Research Update - July 2016 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
December 10, 2013 Financial System Review - December 2013 There have been positive developments in the global financial system since the June Financial System Review, in part reflecting some encouraging signs about the global economy. At the same time, significant vulnerabilities remain. The Governing Council judges that the overall risk to the stability of Canada’s financial system has decreased from “high” to “elevated” over the past six months. Content Type(s): Publications, Financial Stability Report
October 22, 2014 Release of the Monetary Policy Report Opening statement Stephen S. Poloz Ottawa, Ontario Opening statement of Press conference that was to follow the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements
January 30, 2014 Research Update - January 2014 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
June 30, 2020 Our COVID-19 response: Navigating diverse economic impacts Lawrence L. Schembri The pandemic and related measures to control the spread of the virus have deeply affected Canadians and the Canadian economy. The impacts have been different across sectors and regions. The economic recovery will also vary across the country as local economies start to reopen. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
Assessing the effects of higher immigration on the Canadian economy and inflation Staff analytical note 2023-17 Julien Champagne, Erik Ens, Xing Guo, Olena Kostyshyna, Alexander Lam, Corinne Luu, Sarah Miller, Patrick Sabourin, Joshua Slive, Temel Taskin, Jaime Trujillo, Shu Lin Wee We assess the complex macroeconomic implications of Canada’s recent population increases. We find that newcomers significantly boost the non-inflationary, potential growth of the economy, but existing imbalances in the housing sector may be exacerbated. Greater housing supply is needed to complement the long-term economic benefits of population growth. Content Type(s): Staff research, Staff analytical notes JEL Code(s): A, A1, A10, E, E2, E20, E3, E31, J, J1, J11, J15 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting, Structural challenges, Demographics and labour supply
September 27, 2011 Managing Risks in the New Global Economic Landscape Remarks Tiff Macklem National Insurance Conference of Canada Vancouver, British Columbia Senior Deputy Governor Tiff Macklem discusses some of the challenges facing the private and public sectors as they manage risk in the new global economic landscape. Content Type(s): Press, Speeches and appearances, Remarks