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215 Results

November 10, 2022

Getting back to stable prices and a balanced jobs market

Speech summary Tiff Macklem Public Policy Forum Toronto, Ontario
Governor Tiff Macklem discusses the relationship between inflation and employment and how the Bank of Canada is working to cool an overheated economy.
November 10, 2022

Restoring labour market balance and price stability

Remarks Tiff Macklem Public Policy Forum Toronto, Ontario
Governor Tiff Macklem outlines the link between high inflation and tight labour markets. He explains how the Bank is working to rebalance the labour market and discusses how structural changes may influence the supply of workers in Canada.
October 6, 2022

What’s happening to inflation and why it matters

Remarks Tiff Macklem Halifax Chamber of Commerce Halifax, Nova Scotia
Governor Tiff Macklem discusses how inflation has evolved in recent months and explains what the Bank is watching as it takes action to return inflation to target.
October 6, 2022

Restoring price stability for all Canadians

Speech summary Tiff Macklem Halifax Chamber of Commerce Halifax, Nova Scotia
Governor Tiff Macklem explains how inflation in Canada reflects more and more what’s happening with domestic demand and what the Bank is watching as it works to bring inflation back to the 2% target.
September 20, 2022

Macroeconomics of the 2020s: What we’ve learned, and what’s to come

Remarks Paul Beaudry University of Waterloo Faculty of Arts Distinguished Lecture in Economics Waterloo, Ontario
Deputy Governor Paul Beaudry discusses the macroeconomic lessons we’ve learned during the COVID-19 pandemic, and what lies ahead to bring inflation back to target.
September 20, 2022

Anatomy of a pandemic: Applying old lessons and learning from new ones

Speech summary Paul Beaudry University of Waterloo Faculty of Arts Distinguished Lecture in Economics Waterloo, Ontario
Deputy Governor Paul Beaudry describes how the lessons learned from previous economic crises helped central bankers during the global COVID-19 pandemic. He also talks about how managing inflation expectations can help bring inflation back to target.

Has wage setting changed in Canada? Evidence from the pre-pandemic 2020 Wage-Setting Survey

Staff Analytical Note 2022-10 David Amirault, Sarah Miller, Matthieu Verstraete
Just before the pandemic began, the Bank of Canada conducted the 2020 Wage-Setting Survey. The goal was to explore the unusual trend of subdued wage growth in 2018 and 2019 despite a tightening in the labour market. Although this wage puzzle was beginning to resolve at the time of the survey, results highlight changes in several factors that may have important impacts on wage dynamics.
Content Type(s): Staff research, Staff analytical notes Topic(s): Central bank research, Labour markets JEL Code(s): J, J3, J31, J32, J33, J6, J63

Income Inequality in Canada

Staff Discussion Paper 2022-16 Sarah Burkinshaw, Yaz Terajima, Carolyn A. Wilkins
Data show that income inequality in Canada increased substantially during the 1980s and first half of the 1990s but has been relatively stable over the past 25 years. This increase was felt mainly by low-income earners and younger people, while older people benefited from higher retirement income.
July 4, 2022

Household differences and why they matter

Differences in income, wealth and debt across households are important—for the economy, for the health of the financial system and for monetary policy.
May 12, 2022

The perfect storm

Remarks Toni Gravelle Association des économistes québécois Montréal, Quebec
Deputy Governor Toni Gravelle discusses the commodity price shock and its implications for the Canadian economy and monetary policy.
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