Assessing global potential output growth: April 2025 Staff analytical note 2025-15 Samuel Boulanger, Raheeb Dastagir, Daniel de Munnik, Eshini Ekanayake, Kun Mo, Walter Muiruri, Faiza Noor, Sabreena Obaid, Louis Poirier This note presents the annual update of Bank of Canada staff estimates for growth in global potential output. These estimates served as key inputs to the analysis supporting the April 2025 Monetary Policy Report. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E1, E2, F, F0, F1, O, O3, O33, O4 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply, Digitalization and productivity, International trade, finance and competitiveness
Potential output in Canada: 2025 assessment Staff analytical note 2025-14 Selam Abraham, Dany Brouillette, Alex Chernoff, Christopher Hajzler, Stéphanie Houle, Mark Kim, Temel Taskin We explore two scenarios for potential output growth to gain insights into the economic consequences associated with different possible trade policies. Scenario 1 includes limited US tariffs on Canadian exports. Scenario 2 adds a permanent, broad-based 25% increase in US tariffs on imports from all countries excluding Canada and Mexico. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E2, E3, E4, E5 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply, Digitalization and productivity
June 5, 2025 CFEC Meeting (June 5, 2025) Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
June 5, 2025 Reaching out for a clearer view of the economy Speech summary Sharon Kozicki C.D. Howe Institute Toronto, Ontario Speaking a day after we decided to keep the policy interest rate at 2.75%, Deputy Governor Sharon Kozicki discusses how we make better decisions by looking at a variety of data and talking with Canadians. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth
June 5, 2025 Talking to Canadians: How real-world insights shape monetary policy Remarks Sharon Kozicki C.D. Howe Institute Toronto, Ontario Deputy Governor Sharon Kozicki talks about how the Bank of Canada is using non-traditional data to better inform its monetary policy decisions. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
June 5, 2025 Speech by Sharon Kozicki, Deputy Governor of the Bank of Canada On Thursday, June 5, 2025, Sharon Kozicki, Deputy Governor of the Bank of Canada, will speak before C.D. Howe Institute in Toronto. Content Type(s): Press, Media advisories
June 4, 2025 Radio-Canada Midi info Tiff Macklem, Governor of the Bank of Canada Interview with Midi info on Radio-Canada Content Type(s): Press, Media activities
June 4, 2025 Bank of Canada Media Interview – The Canadian Press Tiff Macklem, Governor of the Bank of Canada, gave an interview to Craig Lord of the Canadian Press. Content Type(s): Press, Media advisories