Uncategorized

• From He-Cession to She-Stimulus? The Labor Market Impact of Fiscal Policy Across Gender

  Staff Working Paper 2021-42 Alica Ida Bonk, Laure Simon

  The effects of fiscal policy shocks on labour market outcomes across gender depend on the type of public expenditure. Women benefit most from increases in the government wage bill, while men are the main beneficiaries of higher investment spending.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Fiscal policy, Labour markets JEL Code(s): E, E3, E32, E6, E62, J, J1, J16, J2, J21
• September 9, 2021

  Monetary policy as the recovery progresses

  Speech summary Tiff Macklem Fédération des chambres de commerce du Québec Montréal, Quebec

  Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He also talks about how the Bank could adjust monetary policy once the economy needs less support.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Sectoral balance sheet
• September 9, 2021

  Economic progress report: Monetary policy for the recovery

  Remarks (delivered virtually) Tiff Macklem Fédération des chambres de commerce du Québec Montréal, Quebec

  Bank of Canada Governor Tiff Macklem talks about the Bank’s latest interest rate announcement and discusses how the Bank could adjust monetary policy and its quantitative easing program as the recovery progresses.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Sectoral balance sheet
• September 8, 2021

  Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing

  Media Relations Ottawa, Ontario

  The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.

  Content Type(s): Press, Press releases
• September 3, 2021

  Operational details for upcoming secondary market purchases of Government of Canada securities (September 13–24)

  As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• September 1, 2021

  Bank of Canada designates Lynx as a systemically important payment system

  Media Relations Ottawa, Ontario

  Bank of Canada Governor Tiff Macklem has designated Lynx, which is owned and operated by Payments Canada, as a systemically important payment system under the Payment Clearing and Settlement Act.

  Content Type(s): Press, Press releases
• September 1, 2021

  Statement of Policy Governing the Acquisition and Management of Financial Assets for the Bank of Canada’s Balance Sheet

  The Statement of Policy establishes the policy governing the acquisition and management of financial assets for the Bank’s balance sheet. It does not apply to the assets of the Bank’s pension trust fund or supplementary trust fund.
• September 1, 2021

  Bank of Canada launches the 2022 Fellowship Program awards

  The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2022 Fellowship and Governor’s awards.

  Content Type(s): Press, Announcements Source(s): Fellowship Program
• August 31, 2021

  Research Update - August 2021

  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.

  Content Type(s): Staff research, Research newsletters
• August 30, 2021

  CARR Meeting (August 30, 2021)

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