December 12, 2022 Putting the resolute in resolutions: Looking ahead to lower inflation Remarks Tiff Macklem Business Council of British Columbia Vancouver, British Columbia Bank of Canada Governor Tiff Macklem discusses the important lessons from 2022 and explains what the Bank is doing to restore price stability for Canadians. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
December 12, 2022 Reflections on 2022 Speech summary Tiff Macklem Business Council of British Columbia Vancouver, British Columbia Governor Tiff Macklem discusses the important lessons from events in 2022 and what the Bank is doing to restore price stability for Canadians. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
December 12, 2022 CARR Meeting (December 12, 2022) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
December 9, 2022 Bank of Canada announces finalists for the eighth annual Governor’s Challenge The Bank of Canada has announced the five finalist teams in the 2022–23 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Announcements Source(s): The Governor's Challenge
Monetary Policy, Credit Constraints and SME Employment Staff working paper 2022-49 Julien Champagne, Émilien Gouin-Bonenfant We revisit an old question: how do financial constraints affect the transmission of monetary policy to the real economy? To answer this question, we propose a simple empirical strategy that combines firm-level employment and balance sheet data, identified monetary policy shocks and survey data on financing activities. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E2, E3, E4, E43, E5, E52, G, G3 Research Theme(s): Financial system, Household and business credit, Monetary policy, Monetary policy framework and transmission, Real economy and forecasting
December 8, 2022 Economic progress report: More transparency in uncertain times Remarks Sharon Kozicki Urban Development Institute of Quebec Montréal, Quebec Speaking a day after the Bank of Canada’s latest interest rate decision, Deputy Governor Sharon Kozicki discusses the current state of the economy and talks about how the Bank is improving both its use of data and the way we communicate with Canadians. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework