February 6, 2019
Posts
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February 4, 2019
Policy on the Redemption of Contaminated or Mutilated Canadian Bank Notes
This policy provides guidance on the Bank’s approach to the assessment of applications for reimbursement. -
January 31, 2019
Making cents of wages
Ever wonder how your wages are determined? You’re not the only one who cares about your wages. At the Bank of Canada, we care about them a lot too. -
January 31, 2019
Canada’s job market is solid, but some key questions remain, Senior Deputy Governor Wilkins says
While the labour market in Canada is in good shape overall, answers to some key questions will help provide insight into slower-than-expected wage growth, Senior Deputy Governor Carolyn A. Wilkins said today. -
January 31, 2019
A Look Under the Hood of Canada’s Job Market
Senior Deputy Governor Carolyn A. Wilkins discusses developments in the Canadian labour market and factors that may help explain why wage growth is slower than expected. -
January 31, 2019
Research Update - January 2019
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. -
The State of Labour Market Churn in Canada
The literature highlights that labour market churn, including job-to-job transitions, is a key element of wage growth. Using microdata from the Labour Force Survey, we compute measures of labour market churn and compare these with pre-crisis averages to assess implications for wage growth. -
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Drivers of Weak Wage Growth in Advanced Economies
Since the global financial crisis, advanced-economy wage growth has been generally low relative to past recoveries, especially after accounting for the evolution of labour market conditions over this period. This paper investigates a variety of potential explanations for this weakness, drawing on findings from the literature as well as analysis of recent labour market data in advanced economies. -