Staff research, Publications
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April 12, 2017
Monetary Policy Report – April 2017
Canada’s economy is expected to grow by 2 1/2 per cent this year and just below 2 per cent in 2018 and 2019. -
Assessing Global Potential Output Growth
This note estimates potential output growth for the global economy through 2019. While there is considerable uncertainty surrounding our estimates, overall we expect global potential output growth to rise modestly, from 3.1 per cent in 2016 to 3.4 per cent in 2019. -
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Anticipated Technology Shocks: A Re‐Evaluation Using Cointegrated Technologies
Two approaches have been taken in the literature to evaluate the relative importance of news shocks as a source of business cycle volatility. The first is an empirical approach that performs a structural vector autoregression to assess the relative importance of news shocks, while the second is a structural-model-based approach. -
April 3, 2017
Business Outlook Survey - Spring 2017
The results of the spring Business Outlook Survey reflect signs of a further strengthening of domestic demand following overall subdued activity over the past two years. This outlook is supported by foreign demand and an expected rebound in activity in energy-producing regions. -
Assessing the Business Outlook Survey Indicator Using Real-Time Data
Every quarter, the Bank of Canada conducts quarterly consultations with businesses across Canada, referred to as the Business Outlook Survey (BOS). A principal-component analysis conducted by Pichette and Rennison (2011) led to the development of the BOS indicator, which summarizes survey results and is used by the Bank as a gauge of overall business sentiment. -
April 3, 2017
Senior Loan Officer Survey - First Quarter of 2017
Survey results suggest that overall business-lending conditions were essentially unchanged during the first quarter of 2017. This is the third consecutive quarter of unchanged lending conditions. -
March 31, 2017
Research Update - March 2017
This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. -