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July 4, 2016
Business Outlook Survey - Summer 2016
The summer Business Outlook Survey indicates that overall business sentiment is subdued. The boost from foreign demand remains insufficient to outweigh the continued drag from commodity-related activity combined with modest domestic demand. -
July 4, 2016
Senior Loan Officer Survey - Second-Quarter 2016
Survey results suggest that overall business-lending conditions continued to tighten during the second quarter of 2016 for both price and non-price conditions. -
June 30, 2016
Research Update - June 2016
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. -
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Financial Crisis Interventions
This paper develops a model of an economy where bank credit supports both productive investment and individual consumption smoothing in the face of idiosyncratic income risk. Bank credit is constrained by bank equity capital. -
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The Real-Time Properties of the Bank of Canada’s Staff Output Gap Estimates
We study the revision properties of the Bank of Canada’s staff output gap estimates since the mid-1980s. Our results suggest that the average staff output gap revision has decreased significantly over the past 15 years, in line with recent evidence for the U.S. -
June 24, 2016
Statement of G7 Finance Ministers and Central Bank Governors
We, G7 Ministers and Governors, respect the intention expressed today by the people of the United Kingdom to exit from the European Union. We are monitoring market developments following the outcome of the referendum on the UK’s membership of the EU.