June 30, 2023 Exploring global value and supply chains Patrick Alexander, Chris D'Souza, Yuko Imura, Lena Suchanek The things we buy come out of complex production chains that span the globe. Understanding these connections is crucial for today's economies. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Currency, Digital currency, Financial system, Financial markets, Fintech, Monetary policy, Economy/Economic growth
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 Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth
June 8, 2023 Economic progress report: Are we entering a new era of higher interest rates? Remarks Paul Beaudry Greater Victoria Chamber of Commerce Victoria, British Columbia Deputy Governor Paul Beaudry discusses the latest interest rate decision and suggests reasons why longer-term interest rates could remain higher than they were before the pandemic. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
June 8, 2023 Adjusting to higher interest rates Speech summary Paul Beaudry Greater Victoria Chamber of Commerce Victoria, British Columbia Speaking a day after we raised interest rates, Deputy Governor Paul Beaudry talks about what Governing Council considered in its decision. He also suggests reasons why long-term interest rates could remain higher than they were before the COVID-19 pandemic. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation
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 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 Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
May 4, 2023 Staying the course to price stability Remarks Tiff Macklem Toronto Region Board of Trade Toronto, Ontario Governor Tiff Macklem explains how monetary policy is working to bring inflation down and outlines the challenges ahead. He also discusses recent stress in the global banking sector and how financial stability and price stability interact. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
March 29, 2023 Lessons from our support of financial markets in tough times Speech summary Toni Gravelle National Bank Financial Services Conference Montréal, Quebec Deputy Governor Toni Gravelle talks about how the Bank of Canada supported markets during the COVID-19 pandemic and what we might do differently in the future. He also discusses recent turmoil in the banking system in the United States and overseas. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
March 9, 2023 Economic progress report: Thinking globally, acting locally Remarks Carolyn Rogers Manitoba Chambers of Commerce Winnipeg, Manitoba Senior Deputy Governor Carolyn Rogers discusses the Bank’s latest interest rate decision and recent global and domestic developments, including how Canada’s economic and inflation experience compares with other countries. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
March 9, 2023 Understanding the reasons for high inflation Speech summary Carolyn Rogers Manitoba Chambers of Commerce Winnipeg, Manitoba Speaking a day after we decided to hold the policy rate, Senior Deputy Governor Carolyn Rogers talks about the factors behind high inflation and how we know inflation is falling. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework