3  Referring to firms' reactions to job applicants' résumés, Kroft and Lange (2012) showed that, if unemployment exceeds a certain period of time, this will make it harder for the applicant to find employment because of stigmatization and other factors. 4  2.
I'm pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada's Monetary Policy Report (MPR). Last week, we maintained the policy rate at 4½% as we continue to assess whether monetary policy is restrictive enough to return inflation to our 2% target.