Posts
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November 27, 2023
Bank of Canada announces finalists for the ninth annual Governor’s Challenge
The Bank of Canada has announced the five finalist teams in the 2023–24 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council. -
Immigration and Provision of Public Goods: Evidence at the Local Level in the U.S.
Using U.S. county-level data from 1990 to 2010, we study the causal impact of immigration on the provision of local public goods. We uncover substantial heterogeneity across immigrants with different skills and immigrants of different generations, which leads to unequal fiscal effects across U.S. counties. -
November 22, 2023
Speech by Tiff Macklem, Governor of the Bank of Canada
On Wednesday, November 22, 2023, Tiff Macklem, Governor of the Bank of Canada, will speak before the Saint John Region Chamber of Commerce. -
November 22, 2023
Ending the pain of high inflation
Bank of Canada Governor Tiff Macklem explains how high inflation is hurting Canadians and how monetary policy is working to bring inflation back to target. -
November 22, 2023
Fighting to get back to low inflation
Governor Tiff Macklem outlines how high inflation is hurting Canadians and how monetary policy is working to bring it down. He also explains why the Bank of Canada must stay the course in its inflation fight. -
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November 17, 2023
Quarterly Financial Report - Third Quarter 2023
Quarterly Financial Report - Third Quarter 2023 - For the period ended September 30, 2023 -
How Far Do Canadians Need to Travel to Access Cash?
This paper develops a travel-based metric to measure Canadians’ access to cash from automated banking machines (ABMs) and financial institution branches. We find that, overall, access to cash remained stable between 2019 and 2022. The total number of ABMs in Canada increased by 3.7% and the total number of branches decreased by 5.2% during that period.