Posts

• June 26, 2024

  What labour force participation tells us about the economy

  

  Labour force participation tells us how many people are active in the labour market and how many have dropped out of it. It is just one piece of a larger puzzle, but it is essential to understanding what is happening in the labour market overall.

  Content Type(s): Publications, The Economy, Plain and Simple
• June 24, 2024

  Speech by Tiff Macklem, Governor of the Bank of Canada

  On Monday, June 24, 2024, Tiff Macklem, Governor of the Bank of Canada, will speak before the Winnipeg Chamber of Commerce.

  Content Type(s): Press, Media advisories
• June 24, 2024

  Workers, jobs, growth and inflation—Today and tomorrow

  Remarks Tiff Macklem Winnipeg Chamber of Commerce Winnipeg, Manitoba

  Governor Tiff Macklem explains why Canada’s labour market has had a fairly smooth adjustment to slowing economic growth. He also discusses Canada’s labour market advantages and the challenge of improving productivity growth and investment.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Labour markets, Monetary policy, Productivity
• June 24, 2024

  Making the labour market work for everyone

  Speech summary Tiff Macklem Winnipeg Chamber of Commerce Winnipeg, Manitoba

  Governor Tiff Macklem talks about how the labour market has adjusted to higher interest rates and slower economic growth. He also discusses how a strong, inclusive labour market is key to growth in the long run.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Labour markets, Monetary policy, Productivity
• June 24, 2024

  CARR Meeting (June 24, 2024)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group

• Central Bank Liquidity Policy in Modern Times

  Staff Discussion Paper 2024-6 Skylar Brooks

  Across several dimensions of lender of last resort policy, I highlight broad changes that have occurred since the 2008–09 global financial crisis and discuss some of the key challenges, choices and considerations facing the designers of central bank liquidity tools today.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Central bank research, Financial institutions, Financial markets, Financial stability, Lender of last resort JEL Code(s): D, D5, D53, E, E5, E58, E6, E61, G, G0, G01, G2, G21, G23, H, H1, H12
• June 19, 2024

  Release of the Bank of Canada’s summary of deliberations

  On Wednesday, June 19, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on June 5, 2024.

  Content Type(s): Press, Media advisories
• June 19, 2024

  Summary of Governing Council deliberations: Fixed announcement date of June 5, 2024

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on June 5, 2024.

  Content Type(s): Publications, Summary of deliberations
• June 19, 2024

  What you pay for at the pump

  

  Kun Mo

  Several factors help set gasoline prices: the costs of crude oil, refining, transporting, retailing and marketing gas, as well as taxes.

  Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Exchange rates, Inflation and prices, Market structure and pricing

• Impacts of interest rate hikes on the consumption of households with a mortgage

  Staff Analytical Note 2024-14 Panagiotis Bouras, Joaquín Saldain, Xing Guo, Thomas Michael Pugh, Maria teNyenhuis

  We assess how much the recent rate-hike cycle has and will affect mortgage borrowers' consumption through its impacts on mortgage payments. Our analysis provides insights into the effects of changes in monetary policy on the consumption of mortgage borrowers.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Interest rates, Monetary policy, Recent economic and financial developments JEL Code(s): D, D1, D13, E, E2, E21, G, G5