Remarks by Stephen S. Poloz Governor of the Bank of Canada Eric J. Hanson Memorial Lecture University of Alberta May 25, 2020 Edmonton, AB  Monetary policy in unknowable times Introduction It is an honour for me to deliver the Eric J. Hanson Memorial Lecture for 2020.
Therefore, I will not today talk much about how globalization is changing the domestic inflation process and the transmission mechanism of monetary policy. Instead, in my remarks today, I will mainly talk about how globalization is changing the landscape of risks and what this implies for central banks and other policymakers.