Paul Beaudry

Deputy Governor, Bank Of Canada

Search every verified Paul Beaudry interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Paul Beaudry, a professor of economics at the University of British Columbia and former deputy governor at the Bank of Canada, recently discussed the Bank of Canada's latest decision to hold interest rates. In a podcast conversation, he noted that the central bank's stance appeared more hawkish than expected, and he commented on the market's reaction to the decision. Beaudry also addressed the potential for further trade actions, suggesting that the Bank of Canada might be prepared to accept some economic pain in response to escalating tariffs, particularly regarding the auto industry. He mentioned that the central bank's credibility could be affected by its messaging on inflation, which he said might be acceptable in the range of 2.5 to 3 percent rather than the target of 2 percent.