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3829 Results

Communicating the Future Direction of Policy

Staff analytical paper 2026-16 Jonathan Witmer, Monica Jain
This note discusses several ways the BoC could increase communication around future policy, leveraging methods other central banks have used, and discussing the pros and cons of each method for the BoC, keeping in mind that policy rate forecasts typically are not informative beyond 1 or 2 quarters.
February 15, 2018

Anchoring Expectations: Canada’s Approach to Price Stability

Remarks Lawrence L. Schembri Manitoba Association for Business Economists Winnipeg, Manitoba
Deputy Governor Lawrence Schembri examines the success of the Bank’s monetary policy framework and explains the review being undertaken before its renewal in 2021.
February 6, 2024

Monetary policy: It’s perfectly imperfect

Speech summary Tiff Macklem Montreal Council on Foreign Relations Montréal, Quebec
Governor Tiff Macklem speaks about the effectiveness—and limitations—of monetary policy. He highlights how raising and lowering the policy interest rate ultimately keeps inflation low, stable and predictable, despite significant shocks to the economy.
June 18, 2025

Trade, jobs and inflation

Speech summary Tiff Macklem St. John’s Board of Trade St. John's, Newfoundland and Labrador
Governor Tiff Macklem discusses the trade conflict with the United States and how it is has affected the Canadian economy. He explains that restoring open trade is important for jobs, growth and price stability in Canada.
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