Posts

• July 22, 2004

  Monetary Policy Report Update – July 2004

  Since the April Monetary Policy Report, three developments have led the Bank of Canada to make small modifications to its outlook for economic growth and inflation in Canada.

  Content Type(s): Publications, Monetary Policy Report
• July 22, 2004

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its Update to the April Monetary Policy Report. The Update discusses current economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases
• July 22, 2004

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Let me start with our outlook for inflation. Higher-than-expected world oil prices mean that total CPI inflation is likely to remain above 2 per cent through the rest of this year, before falling slightly below core inflation in the second half of 2005.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 20, 2004

  Bank of Canada keeps target for the overnight rate at 2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent.

  Content Type(s): Press, Press releases
• July 13, 2004

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Professor Christopher Ragan to the position of Special Adviser during the year 2004-2005.

  Content Type(s): Press, Press releases
• July 12, 2004

  Business Outlook Survey - Summer 2004

  Businesses are somewhat more optimistic about the outlook than they were in the spring, reflecting increased confidence about the robustness of the global economic recovery.

  Content Type(s): Publications, Business Outlook Survey
• July 8, 2004

  Bank of Canada releases 2005 schedule of dates for its policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its 2005 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases

• Financial Market Imperfection, Overinvestment, and Speculative Precaution

  Staff Working Paper 2004-27 Christian Calmès

  The author uses panel data to assess the sensitivity of investment to cash flow in non-financial firms, taking into account the role their financial health plays in investment decisions.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles JEL Code(s): D, D9, D92, E, E2, E22, E4, E44, G, G3, G33

• Regulatory Changes and Financial Structure: The Case of Canada

  Staff Working Paper 2004-26 Christian Calmès

  The author documents some stylized facts about the Canadian financial structure. He explores these empirical facts in the context of Canadian financial legislation and finds that, over the 1990s, Canadian businesses became more heavily dependent on financial markets as their primary source of external funding.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial services, Recent economic and financial developments JEL Code(s): G, G2, G20, G21

• Money Demand and Economic Uncertainty

  Staff Working Paper 2004-25 Joseph Atta-Mensah

  The author examines the impact of economic uncertainty on the demand for money.

  Content Type(s): Staff research, Staff working papers Topic(s): Monetary aggregates JEL Code(s): E, E4, E41, E5, E50