To make housing more affordable, Canada needs to build more homes. Monetary policy plays an indirect role in increasing housing supply, but it is only one piece of a much larger puzzle.
Senior Deputy Governor Carolyn Rogers discusses housing affordability, focusing on how it became such a challenge over time and why there are no easy solutions.
Senior Deputy Governor Carolyn Rogers talks about housing affordability and why it is so difficult to fix, explaining that housing has become about more than just a place to live.
Deputy Governor Toni Gravelle discusses how the Bank of Canada is supporting resilience in repurchase agreement (repo) markets and how our monetary policy implementation framework has evolved.
Governor Tiff Macklem discusses how Canadian businesses and households have adapted to structural forces. He then explores how a re-escalation in trade tensions and high energy prices are shifting risks and considers the implications for monetary policy.
Governor Tiff Macklem talks about how financial risks could combine with global imbalances to weaken the international system and outlines the adjustments needed to keep it strong.