Posts

• April 24, 2014

  Economic Adjustments Will Bring Benefits to All, Says Bank of Canada Governor Stephen S. Poloz

  Media Relations Saskatoon, Saskatchewan

  Some Canadian sectors and regions are hot and some are not, but all will ultimately reap the benefits of the country’s rich resource endowment, even as some difficult adjustments take place, Bank of Canada Governor Stephen S. Poloz said today in Saskatoon. Canada has been adjusting to two major economic shocks in recent years, Governor […]

  Content Type(s): Press, Press releases
• April 24, 2014

  Canada’s Hot - and Not - Economy

  Remarks Stephen S. Poloz Saskatchewan Trade and Export Partnership Saskatoon, Saskatchewan

  Bank of Canada Governor Stephen S. Poloz discusses the forces fuelling the differences between the hot - and not so hot - sectors of the economy and regions of the country.

  Content Type(s): Press, Speeches and appearances, Remarks

• Canadian Non-Energy Exports: Past Performance and Future Prospects

  Staff Discussion Paper 2014-1 André Binette, Daniel de Munnik, Émilien Gouin-Bonenfant

  Canada has continued to lose market share in the United States since the Great Recession, beyond what our bilateral competitiveness measures (relative unit labour costs) would suggest.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Balance of payments and components, Exchange rates JEL Code(s): F, F1, F10, F14, F4, F43
• April 24, 2014

  Banking and Financial Statistics - April 2014

  Content Type(s): Publications, Historical: Banking and Financial Statistics
• April 21, 2014

  Weekly Financial Statistics - 21 April 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics

• Uncertain Costs and Vertical Differentiation in an Insurance Duopoly

  Staff Working Paper 2014-14 Radoslav Raykov

  Classical oligopoly models predict that firms differentiate vertically as a way of softening price competition, but some metrics suggest very little quality differentiation in the U.S. auto insurance market.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Market structure and pricing JEL Code(s): D, D4, D43, D8, D81, G, G2, G22, L, L2, L22

• Bond Risk Premia and Gaussian Term Structure Models

  Staff Working Paper 2014-13 Bruno Feunou, Jean-Sébastien Fontaine

  Cochrane and Piazzesi (2005) show that (i) lagged forward rates improve the predictability of annual bond returns, adding to current forward rates, and that (ii) a Markovian model for monthly forward rates cannot generate the pattern of predictability in annual returns.

  Content Type(s): Staff research, Staff working papers Topic(s): Asset pricing, Interest rates JEL Code(s): E, E4, E43, E47, G, G1, G12
• April 16, 2014

  Release of the Monetary Policy Report

  Opening statement Stephen S. Poloz Toronto, Ontario

  Press conference following the release of the Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 16, 2014

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• April 16, 2014

  Monetary Policy Report – April 2014

  

  Economic growth in Canada is expected to average about 2 1/2 per cent in 2014 and 2015 before easing to around the 2 per cent growth rate of the economy’s potential in 2016.

  Content Type(s): Publications, Monetary Policy Report