Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to raise its policy interest rate. He explains that after two years of extraordinary stimul...
Introduction Good afternoon. Thank you for inviting me here as part of your study on inflation in Canada. I’m pleased to have Senior Deputy Governor Ca...
Kevin Carmichael: Comments suggest it's reasonable to expect quarter-point increases, rather than half-point adjustments Bank of Canada governor Tiff Macklem said the war in Europe has “injected new uncertainty,” but not enough to veer off a path t...
The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. The Bank is continuing its reinvestment phase, keeping its overall h...
Kevin Carmichael: Economy grew at an annual rate of 6.7 per cent in the fourth quarter, much faster than the Bank of Canada was expecting The Canadian economy grew at an annual rate of 6.7 per cent in the fourth quarter, much faster than the Bank o...
Kevin Carmichael: Poloz's outlook would allow current policy-makers to take a gentler path back to higher interest rates Former Bank of Canada governor Stephen Poloz predicted year-over-year increases in the consumer price index will slow to a rate...
What would haven been unambiguously positive for Canada's oil-rich economy in the past may turn out to be a drag now, economists warn Surging energy prices are typically a boon for Canada. But not this time. On Thursday, oil soared above US$...
The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students and students who id...
The Bank of Canada announced today that Deputy Governor Lawrence L. Schembri will retire on June 17, 2022. Mr. Schembri joined the Bank in 1997 and was appoin...
Deputy Governor Tim Lane discusses how the Bank of Canada approached decision making during the unprecedented upheaval brought on by the COVID‑19 pandemic....