Posts

• January 19, 2010

  Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent.

  Content Type(s): Press, Press releases
• January 18, 2010

  Results of the 18 January 2010 Term PRA Transaction

  Results of today's term PRA operations

  Content Type(s): Press, Market notices
• January 15, 2010

  Bank of Canada Announces Details of its Term PRA Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 20 October (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation

  Content Type(s): Press, Market notices
• January 11, 2010

  Business Outlook Survey - Winter 2009-10

  The results of the winter survey provide some evidence that confidence in the recovery is growing. While the balance of opinion on future sales is little changed, and respondents still expect the recovery to be gradual, more firms are planning to increase investment spending and employment than in the previous two surveys.

  Content Type(s): Publications, Business Outlook Survey
• January 11, 2010

  Bank of Canada Review - Winter 2009-2010

  

  Causes and consequences of declining inflation persistence in Canada; the evolution of capital flows to emerging-market economies (EMEs) and the need for EMEs to implement policies that support capital flows; making bank notes accessible for Canadians living with blindness or low vision, sharing assessments of the suite of accessibility features on the current series of bank notes and plans for the next series.

  Content Type(s): Publications, Bank of Canada Review
• January 11, 2010

  Canada's Housing Sector in Recession and Recovery: Beyond Bricks and Mortar

  Remarks David Wolf Edmonton CFA Society Edmonton, Alberta

  The beginning of a new year is a good time for reflection – a chance to look back over the past 12 months and consider what may lie ahead. Certainly, 2009 saw remarkable economic and financial upheaval around the world, which plunged Canada into a severe recession.

  Content Type(s): Press, Speeches and appearances, Remarks
• January 5, 2010

  Results of the 5 January 2010 Term PRA Transaction

  The results of today's term PRA operations.

  Content Type(s): Press, Market notices

• The Power of Many: Assessing the Economic Impact of the Global Fiscal Stimulus

  Staff Discussion Paper 2010-1 Carlos De Resende, René Lalonde, Stephen Snudden

  The Bank of Canada Global Economy Model (BoC-GEM) is used to examine the effect of various types of discretionary fiscal policies on different regions of the globe. The BoC-GEM is a microfounded dynamic stochastic general-equilibrium global model with six regions, multiple sectors, and international linkages.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Business fluctuations and cycles, Fiscal policy, International topics, Recent economic and financial developments JEL Code(s): E, E5, E52, E58, E6, E61, E63, F, F4, F42