A Decade of Monetary Policy: A Comprehensive Look at the Bank of Canada’s Interest Rate Hikes

A Timeline of Bank of Canada Rate Hikes Introduction The Bank of Canada has been on a rate-hiking spree over the past year and a half, raising interest rates from a low of 0.25 per cent in March 2022 to the current rate of five per cent. However, with inflation showing signs of trending downward […]

“The Future of Inflation Targeting in Canada: A Deputy Governor’s Perspective” – Analysis of Paul Beaudry’s Speech.

Bank of Canada‘s Deputy Governor, Paul Beaudry, to Present Economic Progress Report Introduction On June 8, 2023, Paul Beaudry, the Deputy Governor of the Bank of Canada, will be presenting a speech on the state of the Canadian economy to the Greater Victoria Chamber of Commerce. The speech will provide an update on the country’s […]