The Great Reset - Bank of Canada

The Great Reset - Bank of Canada

August 20, 2020
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[About the Bank][4]

* [The Bank's History][5]
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* [Board of Directors][12]
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[Educational Resources][15]

* [Explainers][16]
* [Financial Education Resources][17]

[ ![Careers][18] ][19]

[Careers][19]

Take a central role at the Bank of Canada with our current opportunities and scholarships.

  • [Core Functions ][20]

[Core Functions][20]

* [Monetary Policy][21]
* [Financial System][22]
* [Currency][23]
* [Funds Management][24]

* [Key Interest Rate: Target for the Overnight Rate][25]
* [Unclaimed Balances][26]

[ ![Toward 2021][27] ][28]

[Toward 2021][28]

Reviewing the Monetary Policy Framework.

[ ![Financial System Hub][29] ][30]

[Financial System Hub][30]

Promoting a stable and efficient financial system.

  • [Markets ][31]

[Markets][31]

* [About Financial Markets][32]
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* [Canadian Foreign Exchange Committee][36]
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* [Canadian Alternative Reference Rate Working Group][38]

[Government Securities Auctions][39]

* [Calls for Tenders and Results][40]
* [Schedules and Results][41]
* [Rules and Terms][42]
* [Forms and Certificates][43]
* [Data][44]
* [Definitions and Formulas][45]

[ Market Notices ][46]

August 10, 2020

[Operational details for upcoming secondary market purchases of

Government of Canada securities (August 17-August 28)][47]

August 10, 2020

[Changes to the Bank of Canada’s Standing Liquidity Facility

Policy Regarding the use of Non-Mortgage Loan Portfolio as Collateral][48]

[See More][46]

  • [Bank Notes ][49]

[Bank Notes][49]

* [Bank Notes Past and Present][50]
* [Bank Note Redemption Service][51]
* [Counterfeit Prevention][52]
* [Images][53]
* [Training and Education Materials][54]
* [Videos][55]

[ ![The next bank NOTE-able Canadian][56] ][57]

[The next bank NOTE-able Canadian][57]

Learn how the selection process for the portrait subject of the $5 note will unfold.

[ ![Upcoming changes to legal tender status for older bank notes][58] ][59]

Find out what removing legal tender status means and which bank notes are affected.

  • [Publications ][60]

[Publications][60]

* [Annual & Quarterly Report][61]
* [Bank of Canada Review][62]
* [Business Outlook Survey][63]
* [Canadian Survey of Consumer Expectations][64]
* [The Economy, Plain and Simple][65]
* [Financial System Hub][30]
* [Monetary Policy Report][66]
* [Senior Loan Officer Survey][67]
* [Books and Monographs][68]

[Browse Publications][69]

Browse and filter Bank of Canada publications by author, JEL code, topic and content type.

Statistical Publications

* [Summary of Government of Canada Direct Securities and Loans][70]

[ ![Monetary Policy Report – July 2020][71] ][72]

[Monetary Policy Report - July 2020][72]

The Bank expects a sharp rebound in economic activity in the reopening phase of the recovery, followed by a more prolonged recuperation phase.

  • [Research ][73]

[Research][73]

* [Browse Research][74]
* [Staff Analytical Notes][75]
* [Staff Discussion Papers][76]
* [Staff Working Papers][77]
* [Technical Reports][78]

People

* [Economic Staff][79]
* [Author List][80]

[Awards][81]

* [Research Paper Awards][82]
* [Scholarship Awards][83]
* [Fellowship Program][84]
* [The Governor's Challenge][85]

[Collaboration][86]

* [Financial System Research Centre][87]
* [Visiting Scholar Program][88]
* [Conferences, Seminars and Workshops][89]
* [PIVOT Program][90]

[ ![Digital Currencies and Fintech][91] ][92]

[Digital Currencies and Fintech][92]

Understanding digital currencies and related financial technologies is an important part of our research agenda.

  • [Press ][93]

[Press][93]

* [Announcements][94]
* [Press Releases][95]
* [Selected Media Activities][96]
* [Speeches and appearances][97]
* [Upcoming Events][98]
* [Webcasts][99]

[Browse Press][100]

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Info

* [Media Advisories][101]
* [Media Contacts][102]
* [Blackout Guidelines][103]
* [Principles for External Communication][104]

[ ![][105] ![][106] ][107]

[Canadian Association for Business Economics - Speech

(Webcasts)][107]

Understanding the gap: the difference between perceived and measured inflation - Deputy Governor Lawrence Schembri of the Bank of Canada speaks by videoconference before the Canadian Association for Business Economics (CABE) (13:30 (ET) approx.).

  • [Statistics ][108]

[Statistics][108]

* [Daily Digest][109]
* [Exchange Rates][110]
* [Interest Rates][111]
* [Price Indexes][112]
* [Indicators][113]
* [Banking and Financial Statistics][114]

* [Inflation Calculator][116]
* [Investment Calculator][117]
* [Official International Reserves][118]
* [Credit Conditions][119]

[Staff Economic Projections][120]

These forecasts are provided to Governing Council in preparation for monetary policy decisions. They are released once a year with a five- year lag.

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  • [Home][121]
  • [Press][122]
  • [Speeches and appearances][123]

The Great Reset

Presentation

[Paul Beaudry][124] - Deputy Governor

University of Victoria

[Victoria, British Columbia][125]

August 20, 2020

Available as: [PDF][126]

[ __][127][ __][128][ __][129][ __][130]

Deputy Governor Paul Beaudry speaks about Canada’s transition to a lower-carbon economy in a virtual panel organized by the Victoria Forum.

Content Type(s): [Press][131], [Speeches and appearances][132], [Presentations][133]

Topic(s): [Climate change][134]

About

  • [Contact][9]
  • [Careers][19]
  • [Press][93]
  • [Educational Resources][15]

Affiliate Sites

  • [Bank of Canada Museum][135]
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  • [Canadian Foreign Exchange Committee][36]
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  • [Privacy][138]
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  1. www.bankofcanada.ca/ (Home)
  2. www.banqueducanada.ca/2020/08/le-grand-renouveau/
  3. www.bankofcanada.ca/
  4. www.bankofcanada.ca/about/
  5. www.bankofcanada.ca/about/history/
  6. www.bankofcanada.ca/about/bank-head-office/
  7. www.bankofcanada.ca/about/contact-information/regional-offices/
  8. www.bankofcanada.ca/about/photos-and-videos/
  9. www.bankofcanada.ca/about/contact-information/
  10. www.bankofcanada.ca/about/archives/
  11. www.bankofcanada.ca/search/?content_type%5B%5D=background-materials
  12. www.bankofcanada.ca/about/board-of-directors/
  13. www.bankofcanada.ca/about/governing-council/
  14. www.bankofcanada.ca/about/governance-documents/
  15. www.bankofcanada.ca/about/educational-resources/
  16. www.bankofcanada.ca/about/educational-resources/explainers/
  17. www.bankofcanada.ca/about/educational-resources/financial-education-resources/
  18. www.bankofcanada.ca/wp-content/uploads/2016/10/careers-menu.jpg
  19. www.bankofcanada.ca/careers/
  20. www.bankofcanada.ca/core-functions/
  21. www.bankofcanada.ca/core-functions/monetary-policy/
  22. www.bankofcanada.ca/core-functions/financial-system/
  23. www.bankofcanada.ca/core-functions/currency/
  24. www.bankofcanada.ca/core-functions/funds-management/
  25. www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/
  26. www.bankofcanada.ca/unclaimed-balances/
  27. www.bankofcanada.ca/wp-content/uploads/2018/02/leadbg-red-500x250.jpg
  28. www.bankofcanada.ca/toward-2021-renewing-the-monetary-policy-framework/
  29. www.bankofcanada.ca/wp-content/uploads/2018/11/FShub-500x250.jpg
  30. www.bankofcanada.ca/core-functions/financial-system/financial-system-hub/
  31. www.bankofcanada.ca/markets/
  32. www.bankofcanada.ca/markets/about-financial-markets/
  33. www.bankofcanada.ca/markets/market-notices/
  34. www.bankofcanada.ca/rates/indicators/market-operations-indicators/term-repos/
  35. www.bankofcanada.ca/markets/market-operations-liquidity-provision/
  36. www.cfec.ca/
  37. www.bankofcanada.ca/markets/canadian-fixed-income-forum/
  38. www.bankofcanada.ca/markets/canadian-alternative-reference-rate-working-group/
  39. www.bankofcanada.ca/markets/government-securities-auctions/
  40. www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/
  41. www.bankofcanada.ca/markets/government-securities-auctions/#sched
  42. www.bankofcanada.ca/markets/government-securities-auctions/#rules
  43. www.bankofcanada.ca/markets/government-securities-auctions/#forms
  44. www.bankofcanada.ca/markets/government-securities-auctions/#data
  45. www.bankofcanada.ca/markets/government-securities-auctions/#def
  46. www.bankofcanada.ca/?content_type=notices&post_type%5B0%5D=post&post_type%5B1%5D=page
  47. www.bankofcanada.ca/2020/08/secondary-market-purchases-securities/
  48. www.bankofcanada.ca/2020/08/use-of-non-mortgage-loan-portfolio/
  49. www.bankofcanada.ca/banknotes/
  50. www.bankofcanada.ca/banknotes/bank-note-series/
  51. www.bankofcanada.ca/banknotes/bank-note-redemption-service/
  52. www.bankofcanada.ca/banknotes/counterfeit-prevention/
  53. www.bankofcanada.ca/banknotes/image-gallery/
  54. www.bankofcanada.ca/banknotes/audience-specific-resources/
  55. www.bankofcanada.ca/banknotes/bank-note-videos/
  56. www.bankofcanada.ca/wp-content/uploads/2020/01/5_callout-500x250.jpg
  57. www.bankofcanada.ca/banknotes/banknoteable-5/
  58. www.bankofcanada.ca/wp-content/uploads/2018/02/header-image-500x250.jpg
  59. www.bankofcanada.ca/banknotes/upcoming-changes-to-legal-tender-status-for-older-bank-notes/
  60. www.bankofcanada.ca/publications/
  61. www.bankofcanada.ca/publications/annual-reports-quarterly-financial-reports/
  62. www.bankofcanada.ca/publications/boc-review/
  63. www.bankofcanada.ca/publications/bos/
  64. www.bankofcanada.ca/publications/canadian-survey-of-consumer-expectations/
  65. www.bankofcanada.ca/publications/the-economy-plain-and-simple/
  66. www.bankofcanada.ca/publications/mpr/
  67. www.bankofcanada.ca/publications/slos/
  68. www.bankofcanada.ca/publications/books-and-monographs/
  69. www.bankofcanada.ca/publications/browse/
  70. www.bankofcanada.ca/publications/summary-of-government-of-canada-direct-securities-and-loans/
  71. www.bankofcanada.ca/wp-content/uploads/2020/01/MPR-July-500x250-1579031508.jpg
  72. www.bankofcanada.ca/2020/07/mpr-2020-07-15/
  73. www.bankofcanada.ca/research/
  74. www.bankofcanada.ca/research/browse/
  75. www.bankofcanada.ca/research/browse/?content_type%5B%5D=20191
  76. www.bankofcanada.ca/research/browse/?content_type%5B%5D=33
  77. www.bankofcanada.ca/research/browse/?content_type%5B%5D=31
  78. www.bankofcanada.ca/research/browse/?content_type%5B%5D=35
  79. www.bankofcanada.ca/research/economic-staff/
  80. www.bankofcanada.ca/research/author-list/
  81. www.bankofcanada.ca/research/?#awards
  82. www.bankofcanada.ca/research/research-paper-awards/
  83. www.bankofcanada.ca/careers/scholarship-awards/
  84. www.bankofcanada.ca/research/fellowship-program/
  85. www.bankofcanada.ca/research/governors-challenge/
  86. www.bankofcanada.ca/research/?#collaboration
  87. www.bankofcanada.ca/research/financial-system-research-centre/
  88. www.bankofcanada.ca/research/visiting-scholar-program/
  89. www.bankofcanada.ca/research/conferences-workshops/
  90. www.bankofcanada.ca/research/partnerships-in-innovation-and-technology-pivot-program/
  91. www.bankofcanada.ca/wp-content/uploads/2017/05/digital-postcallout-500x250-1573688506.jpg
  92. www.bankofcanada.ca/research/digital-currencies-and-fintech/
  93. www.bankofcanada.ca/press/
  94. www.bankofcanada.ca/press/announcements/
  95. www.bankofcanada.ca/press/press-releases/
  96. www.bankofcanada.ca/press/selected-media-activities/
  97. www.bankofcanada.ca/press/speeches/
  98. www.bankofcanada.ca/press/upcoming-events/
  99. www.bankofcanada.ca/press/speeches/webcasts/
  100. www.bankofcanada.ca/press/browse/
  101. www.bankofcanada.ca/press/media-advisories/
  102. www.bankofcanada.ca/press/contacts/
  103. www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/blackout-guidelines/
  104. www.bankofcanada.ca/about/governance-documents/principles-external-communication-members-governing-council/
  105. www.bankofcanada.ca/wp-content/uploads/2020/03/Schembri_Lawrence-500x250.jpg
  106. www.bankofcanada.ca/wp-content/themes/parent-build/images/play-button.png
  107. www.bankofcanada.ca/multimedia/canadian-association-for-business-economics-speech-webcast-august-25/
  108. www.bankofcanada.ca/rates/
  109. www.bankofcanada.ca/rates/daily-digest/
  110. www.bankofcanada.ca/rates/exchange/
  111. www.bankofcanada.ca/rates/interest-rates/
  112. www.bankofcanada.ca/rates/price-indexes/
  113. www.bankofcanada.ca/rates/indicators/
  114. www.bankofcanada.ca/rates/banking-and-financial-statistics/
  115. www.bankofcanada.ca/rates/related/
  116. www.bankofcanada.ca/rates/related/inflation-calculator/
  117. www.bankofcanada.ca/rates/related/investment-calculator/
  118. www.bankofcanada.ca/rates/related/international-reserves/
  119. www.bankofcanada.ca/rates/related/credit-conditions/
  120. www.bankofcanada.ca/rates/staff-economic-projections/
  121. www.bankofcanada.ca (Home)
  122. www.bankofcanada.ca/press/ (Press)
  123. www.bankofcanada.ca/press/speeches/ (Speeches and appearances)
  124. www.bankofcanada.ca/profile/paul-beaudry/ (Deputy Governor – Executive)
  125. www.bankofcanada.ca/location/victoria_british-columbia/
  126. www.bankofcanada.ca/wp-content/uploads/2020/08/presentation-2020-08-20.pdf
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  131. www.bankofcanada.ca/content_type/press/
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  133. www.bankofcanada.ca/content_type/press/speeches/presentations/
  134. www.bankofcanada.ca/topic/climate-change/
  135. www.bankofcanadamuseum.ca/
  136. csb.gc.ca
  137. www.bankofcanada.ca/terms/
  138. www.bankofcanada.ca/privacy/
  139. www.bankofcanada.ca/about/contact-information/atip/
  140. www.bankofcanada.ca/about/contact-information/atip/info-source/
  141. www.bankofcanada.ca/2020/07/protecting-yourself-from-scams/
  142. twitter.com/bankofcanada
  143. www.youtube.com/user/bankofcanadaofficial
  144. www.flickr.com/photos/bankofcanada/
  145. www.linkedin.com/company/12682
  146. www.bankofcanada.ca/rss-feeds/
  147. www.bankofcanada.ca/email-alerts/
  148. www.bankofcanada.ca/privacy/website-privacy-practices/