Uncategorized

• July 29, 2010

  Bank of Canada Releases 2011 Schedule of Dates for Its Policy Interest Rate Announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its 2011 schedule of eight dates for announcing decisions on its key policy interest rate and confirmed the announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 28, 2010

  Due Diligence: A Report on the Bank of Canada's Handling of Foreign Gold during World War II

  Report commissioned by the Bank, written by Professor Duncan McDowall of Carleton University and released in November 1997. The Bank also released a search aid for related files in its archives and for Department of Finance documents.

  Content Type(s): Publications, Books and monographs
• July 27, 2010

  Planning an Evolution: The Story of the Canadian Payments Association, 1980-2002

  by James F. Dingle. Outlines the history of the Association and its role in moving Canada's payments system from paper to electronic media.

  Content Type(s): Publications, Books and monographs

• A Model of Housing Stock for Canada

  Staff Working Paper 2010-19 David Dupuis, Yi Zheng

  Using an error-correction model (ECM) framework, the authors attempt to quantify the degree of disequilibrium in Canadian housing stock over the period 1961–2008 for the national aggregate and over 1981–2008 for the provinces.

  Content Type(s): Staff research, Staff working papers Topic(s): Domestic demand and components JEL Code(s): E, E2, E21, J, J0, J00
• July 22, 2010

  Release of the Monetary Policy Report

  Opening statement Mark Carney Ottawa, Ontario

  The global economic recovery is proceeding but is not yet self-sustaining. A greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank’s outlook in April.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 22, 2010

  Monetary Policy Report – July 2010

  

  The global economic recovery is proceeding but is not yet self-sustaining. Greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank’s outlook in April.

  Content Type(s): Publications, Monetary Policy Report
• July 21, 2010

  Why Monetary Policy Matters: A Canadian Perspective

  This paper provides a non-technical introduction to monetary policy - what it is, how it works, and why it matters. It discusses inflation volatility and why this is damaging to the economy, as well as why increased stability of output growth is desirable.

  Content Type(s): Publications, Books and monographs
• July 21, 2010

  Fact sheet: Bank of Canada Celebrates 75 years

  Born in the worst years of the Great Depression, and guiding Canada's economy ever since, the Bank of Canada celebrates its 75th year starting on 11 March 2010. The Bank of Canada was created by an Act of Parliament to foster the economic and financial well-being of all Canadians and is considered the country's pre-eminent […]
• July 20, 2010

  Bank of Canada increases overnight rate target to 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.

  Content Type(s): Press, Press releases
• July 19, 2010

  Economic Research at the Bank of Canada, 1935-65

  A retrospective of economic research at the Bank of Canada from 1935 to 1965.

  Content Type(s): Publications, Books and monographs