Uncategorized

• September 30, 2014

  Promoting Canada’s economic and financial well-being

  Presentation Agathe Côté Chambre de commerce et de l’industrie de Saguenay Saguenay, Québec

  Deputy Governor Agathe Côté will discuss the four main responsibilities of the Bank and its economic outlook.

  Content Type(s): Press, Speeches and appearances, Presentations
• September 30, 2014

  Research Update - September 2014

  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
• September 26, 2014

  Weekly Financial Statistics - 26 September 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• September 25, 2014

  Banking and Financial Statistics - September 2014

  Content Type(s): Publications, Historical: Banking and Financial Statistics

• The Role of Card Acceptance in the Transaction Demand for Money

  Staff Working Paper 2014-44 Kim Huynh, Philipp Schmidt-Dengler, Helmut Stix

  The use of payment cards, either debit or credit, is becoming more and more widespread in developed economies. Nevertheless, the use of cash remains significant.

  Content Type(s): Staff research, Staff working papers Topic(s): Bank notes, Digital currencies and fintech, Econometric and statistical methods, Financial services JEL Code(s): C, C3, C35, C8, C83, E, E4, E41

• International Transmission Channels of U.S. Quantitative Easing: Evidence from Canada

  Staff Working Paper 2014-43 Tatjana Dahlhaus, Abeer Reza, Kristina Hess

  The U.S. Federal Reserve responded to the great recession by reducing policy rates to the effective lower bound. In order to provide further monetary stimulus, they subsequently conducted large-scale asset purchases, quadrupling their balance sheet in the process.

  Content Type(s): Staff research, Staff working papers Topic(s): International topics, Monetary policy framework, Monetary policy transmission JEL Code(s): C, C3, C32, E, E5, E52, E58, F, F4, F42, F44
• September 24, 2014

  Are We There Yet? The United States and Canada After the Global Financial Crisis

  Remarks Timothy Lane Carleton University Ottawa, Ontario

  Deputy Governor Timothy Lane discusses how the economic ties between Canada and the United States are evolving as the recovery from the 2008-09 financial crisis continues.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 22, 2014

  Underwhelming Recovery Poses Challenges for Monetary Policy, Says Bank of Canada Senior Deputy Governor Carolyn Wilkins

  Media Relations Toronto, Ontario

  The underwhelming recovery from the global financial crisis has challenged policy-makers to better understand the factors weighing on growth and to deal with greater uncertainty, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Toronto today. To conduct monetary policy, the Bank needs to assess how much of the slow growth is due to […]

  Content Type(s): Press, Press releases

• The Neutral Rate of Interest in Canada

  Staff Discussion Paper 2014-5 Rhys R. Mendes

  A measure of the neutral policy interest rate can be used to gauge the stance of monetary policy. We define the neutral rate as the real policy rate consistent with output at its potential level and inflation equal to target after the effects of all cyclical shocks have dissipated.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Interest rates, Monetary policy transmission JEL Code(s): E, E4, E40, E42, E43, E5, E50, E52, E58
• September 22, 2014

  Monetary Policy and the Underwhelming Recovery

  Remarks Carolyn A. Wilkins CFA Society Toronto Toronto, Ontario

  Senior Deputy Governor Carolyn Wilkins discusses the structural and cyclical factors underlying the underwhelming economic recovery and the implications for monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks