July 22, 2010
Posts
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July 22, 2010
Monetary Policy Report – July 2010
The global economic recovery is proceeding but is not yet self-sustaining. Greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank’s outlook in April.
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July 21, 2010
Why Monetary Policy Matters: A Canadian Perspective
This paper provides a non-technical introduction to monetary policy - what it is, how it works, and why it matters. It discusses inflation volatility and why this is damaging to the economy, as well as why increased stability of output growth is desirable. -
July 21, 2010
Fact sheet: Bank of Canada Celebrates 75 years
Born in the worst years of the Great Depression, and guiding Canada's economy ever since, the Bank of Canada celebrates its 75th year starting on 11 March 2010. The Bank of Canada was created by an Act of Parliament to foster the economic and financial well-being of all Canadians and is considered the country's pre-eminent […] -
July 20, 2010
Bank of Canada increases overnight rate target to 3/4 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. -
July 19, 2010
Economic Research at the Bank of Canada, 1935-65
A retrospective of economic research at the Bank of Canada from 1935 to 1965. -
July 19, 2010
Historical Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility – July 19, 2010 to December 12, 2013
The Bank of Canada, through its Standing Liquidity Facility (SLF), provides access to liquidity to those institutions that participate directly in the Large Value Transfer System (LVTS). -
July 16, 2010
Changes to Requirements for Assets Accepted as Collateral under the Bank of Canada's Standing Liquidity Facility
As part of an ongoing review of collateral policy related to the Bank of Canada's Standing Liquidity Facility (SLF), the Bank is adjusting the credit-rating requirements for assets acceptable as collateral. -
Exchange Rate Fluctuations, Plant Turnover and Productivity
In a small open economy fluctuations in the real exchange rate can affect plant turnover, and thus aggregate productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level of competition in the domestic market as import competition intensifies and export opportunities shrink, forcing less productive plants from the market and compelling new entrants to be more competitive than they otherwise would have been. -
July 15, 2010
Annual Report 2009
A year of financial market strains and economic disruption in 2009 gave way to initial signs of progress in 2010, the year the Bank of Canada celebrates its 75th anniversary. The lessons of the past year vividly illustrate what the Bank has demonstrated repeatedly through seven and a half decades: the value of well-researched policy frameworks and decisive action.