January 23, 2013
Posts
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January 23, 2013
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. -
January 23, 2013
Monetary Policy Report – January 2013
Following an estimated 1.9 per cent in 2012, the Canadian economy is expected to grow by 2.0 per cent in 2013 and 2.7 per cent in 2014, and to reach full capacity in the second half of 2014, later than anticipated in the October Report. -
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January 17, 2013
Bank of Canada Announces Change in Receiver General Cash Balances Auction Timeline
The Bank of Canada announced today that as a result of the change in the publication time of policy interest rate announcements to 10:00 ET , that effective 23 January 2013, the Government of Canada bidding deadline for Receiver General Cash Balance auctions will be 10:15 ET on policy rate announcement dates. -
January 14, 2013
Senior Loan Officer Survey - Fourth-Quarter 2012
The survey results indicate that there was virtually no change in overall business-lending conditions during the fourth quarter of 2012, following several consecutive quarters of easing in credit conditions. -
January 14, 2013
Business Outlook Survey - Winter 2012-13
While some forward-looking indicators have moved up, many firms cited concerns about demand over next year and pressures from increased competition. -
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January 10, 2013
Regearing Our Economic Growth
Senior Deputy Governor Tiff Macklem discusses regearing the Canadian economy for sustained growth. -
Real-financial Linkages through Loan Default and Bank Capital
Many studies in macroeconomics argue that financial frictions do not amplify the impacts of real shocks. This finding is based on models without endogenous default on loans and bank capital. Using a model featuring endogenous interactions between firm default and bank capital, this paper revisits the propagation mechanisms of real and financial shocks.