September 23, 2025 CFEC Meeting (September 23, 2025) Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
September 23, 2025 Speech by Tiff Macklem, Governor of the Bank of Canada On Tuesday, September 23, 2025, Tiff Macklem, Governor of the Bank of Canada, will speak before the Saskatchewan Trade and Export Partnership and the Greater Saskatoon Chamber of Commerce. Content Type(s): Press, Media advisories
September 22, 2025 Panel: Sharon Kozicki, Deputy Governor 09:45 (ET) By videoconference Content Type(s): Upcoming events
September 22, 2025 Panel: Carolyn Rogers, Senior Deputy Governor 18:15 (BST) / 13:15 (ET) London, United Kingdom Content Type(s): Upcoming events
September 22, 2025 Remarks by Sharon Kozicki, Deputy Governor of the Bank of Canada On Monday, September 22, 2025, Sharon Kozicki, Deputy Governor of the Bank of Canada, will speak at the BIS-ECB-SUERF Online Workshop on Monetary Policy Framework. Content Type(s): Press, Media advisories
September 19, 2025 Bank of Canada updates terms and conditions governing term repo operations In March 2025, the Bank restarted regular term repo operations as part of its return to normal balance sheet management. Content Type(s): Press, Market notices Source(s): Term repo operations
Credit Conditions, Inflation, and Unemployment Staff Working Paper 2025-26 Chao Gu, Janet Hua Jiang, Liang Wang We identify two channels that affect the relationship between inflation and unemployment. First, inflation lowers wages because unemployed suffer more from inflation than employed, generating a positive relationship. Second, inflation increases firms’ financing costs, generating a negative relationship. Improvements in firm financing conditions can induce the relationship to switch signs. Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Credit and credit aggregates, Inflation and prices, Labour markets JEL Code(s): E, E2, E24, E3, E31, E4, E44, E5, E51
September 19, 2025 Indicators of financial vulnerabilities Get quarterly data for the indicators we use to track the evolution of two vulnerabilities in the Canadian economy: the elevated level of household indebtedness and high house prices.