August 25, 2020
COVID-19: Speeches and statements
July 15, 2020
Monetary Policy Report Press Conference Opening StatementGovernor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
June 30, 2020
Our COVID-19 response: Navigating diverse economic impactsThe pandemic and related measures to control the spread of the virus have deeply affected Canadians and the Canadian economy. The impacts have been different across sectors and regions. The economic recovery will also vary across the country as local economies start to reopen.
June 29, 2020
Our COVID-19 response: Supporting operationsWhen the realities of the COVID-19 pandemic became clear, the Bank moved quickly to adapt its internal operations and support business continuity in our financial system.
June 22, 2020
Monetary policy in the context of COVID-19Governor Tiff Macklem talks about the conduct of monetary policy in the context of COVID-19.
June 18, 2020
Living with limits: household behaviour in Canada in the time of COVID-19Deputy Governor Lawrence Schembri explains how the COVID-19 pandemic has affected household spending and economic activity, and discusses what the recovery is expected to look like.
June 16, 2020
Opening Statement before the House of Commons Standing Committee on FinanceIntroduction Good afternoon, Chair and committee members. It is an honour for me to appear before you as the 10th Governor of the Bank of Canada. I look forward to working with parliamentarians over the next seven years through regular appearances before committees of the House and Senate. These are an important part of the […]
June 10, 2020
Our COVID-19 response: Keeping markets liquidWhen the COVID-19 pandemic hit Canada, the Bank of Canada acted quickly. We needed to make sure the financial system worked well enough that credit could continue to flow. That meant addressing shortages of liquidity in financial markets—the backbone for lending and borrowing in the economy.
June 4, 2020
Economic progress report: keeping markets workingDeputy Governor Toni Gravelle discusses the Bank’s latest interest rate announcement and explains how efforts to keep financial markets functioning through the COVID-19 crisis will lay a solid foundation for economic recovery
May 26, 2020
Opening Statement before the Senate National Finance CommitteeGood afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I welcome the opportunity to appear before you to discuss the Bank of Canada’s actions in response to the coronavirus pandemic. Since the pandemic began, the Bank has had two goals in mind. In the short term, we have been working to help […]