December 7, 2023 Economic progress report: Immigration, housing and the outlook for inflation Remarks Toni Gravelle Windsor–Essex Regional Chamber of Commerce Windsor, Ontario Deputy Governor Toni Gravelle discusses the latest interest rate decision along with how immigration helps Canada’s economy and how it impacts inflation. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Domestic demand and components, Housing, Inflation and prices, Interest rates, Labour markets, Monetary policy, Potential output, Price stability, Recent economic and financial developments Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
November 28, 2023 Moving money with confidence: Canada’s new regime for retail payments supervision Remarks Ron Morrow Central 1 Momentum Summit Vancouver, British Columbia Executive Director of Supervision Ron Morrow discusses the creation and coming into force of a new supervision regime to oversee retail payments. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Retail payments supervision Subject(s): Financial system, Financial markets, Financial stability, Fintech
November 9, 2023 Getting used to higher interest rates Speech summary Carolyn Rogers Advocis Vancouver Vancouver, British Columbia Senior Deputy Governor Carolyn Rogers talks about why interest rates could settle at a higher level than Canadians are used to and why preparing early for that possible outcome is important. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Credit risk management, Financial institutions, Financial markets, Financial stability, Firm dynamics, Interest rates, Monetary and financial indicators, Recent economic and financial developments Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
November 9, 2023 Financial stability in a world of higher interest rates Remarks Carolyn Rogers Advocis Vancouver Vancouver, British Columbia Senior Deputy Governor Carolyn Rogers talks about financial stability in an era of higher interest rates. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Credit risk management, Financial institutions, Financial markets, Financial stability, Firm dynamics, Interest rates, Monetary and financial indicators, Recent economic and financial developments Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
September 19, 2023 Household differences and monetary policy Speech summary Sharon Kozicki University of Regina Regina, Saskatchewan Deputy Governor Sharon Kozicki talks about how differences in debt, income and savings across households shaped their experience through the COVID-19 pandemic and how this is affecting monetary policy now. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Housing, Inflation and prices, Interest rates, Monetary policy transmission, Price stability Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
September 19, 2023 Rebalancing the economy while managing risks Remarks Sharon Kozicki University of Regina Regina, Saskatchewan Bank of Canada Deputy Governor Sharon Kozicki talks about how household differences have affected the way that monetary policy is transmitted. She also discusses how the Bank is considering the role of mortgage interest costs in inflation. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Housing, Inflation and prices, Interest rates, Monetary policy transmission, Price stability Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
September 7, 2023 Economic progress report: Target in sight, but we’re not there yet Remarks Tiff Macklem Calgary Chamber of Commerce Calgary, Alberta Bank of Canada Governor Tiff Macklem talks about the Bank’s latest interest rate announcement and what’s happening with inflation beyond the headline numbers. He also discusses why the Bank’s 2% inflation target is the right one. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Credibility, Domestic demand and components, Expectations, Firm dynamics, Inflation and prices, Inflation targets, Inflation: costs and benefits, Labour markets, Monetary policy, Monetary policy framework, Monetary policy transmission, Price stability, Recent economic and financial developments Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
June 30, 2023 Canada’s regional economies David Amirault, Matthieu Verstraete, Sarah Miller Strength from diversity Content Type(s): Publications, The Economy, Plain and Simple Research Topic(s): Business fluctuations and cycles, Labour markets, Regional economic developments, Trade integration Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth
May 18, 2023 Release of the Financial System Review Opening statement Tiff Macklem, Carolyn Rogers Ottawa, Ontario Press conference following the release of the Financial System Review. Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Financial institutions, Financial markets, Financial stability, Financial system regulation and policies, Interest rates, International financial markets, Recent economic and financial developments, Wholesale funding Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
May 4, 2023 Getting inflation back to 2% Speech summary Tiff Macklem Toronto Region Board of Trade Toronto, Ontario Governor Tiff Macklem explains that higher interest rates are working to slow inflation but warns that getting all the way back to the 2% target may take time. He also discusses the recent stress in the global banking sector and how financial stability and price stability work together. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Expectations, Financial institutions, Financial stability, Financial system regulation and policies, Inflation and prices, Inflation targets, International financial markets, Monetary policy, Price stability, Service sector Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework