Uncategorized

• July 13, 2006

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  Overall, the Bank's outlook for growth and inflation in Canada is largely unchanged from that in its April Monetary Policy Report (MPR). Growth in the first half of 2006 appears to have been a little stronger than projected, and the Canadian dollar has traded in a higher range than was envisaged in the April MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 13, 2006

  Monetary Policy Report Update – July 2006

  Overall, the outlook for economic growth and inflation in Canada is largely unchanged from that set out in the April Monetary Policy Report.

  Content Type(s): Publications, Monetary Policy Report
• July 11, 2006

  Bank of Canada keeps target for the overnight rate at 4 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent.

  Content Type(s): Press, Press releases
• July 10, 2006

  Workshop on Commodity Price Issues

  Conference held on 10 and 11 July 2006 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops

• Linear and Threshold Forecasts of Output and Inflation with Stock and Housing Prices

  Staff Working Paper 2006-25 Greg Tkacz, Carolyn A. Wilkins

  The authors examine whether simple measures of Canadian equity and housing price misalignments contain leading information about output growth and inflation.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Inflation and prices JEL Code(s): C, C5, C53, E, E4

• Convergence in a Stochastic Dynamic Heckscher-Ohlin Model

  Staff Working Paper 2006-23 Partha Chatterjee, Malik Shukayev

  The authors characterize the equilibrium for a small economy in a dynamic Heckscher-Ohlin model with uncertainty.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models JEL Code(s): F, F4, F43, O, O4, O41
• June 30, 2006

  Business Outlook Survey - Summer 2006

  The results of this Business Outlook Survey are broadly in line with those of the previous one.

  Content Type(s): Publications, Business Outlook Survey
• June 29, 2006

  What Monetary Policy Can and Cannot Do

  Remarks Paul Jenkins Canadian Institute of Actuaries Ottawa, Ontario

  As Canada's central bank, we are committed to conduct monetary policy in a way that fosters confidence in the value of money. This is our primary responsibility. But the Bank has a number of other functions that are very important to economic life in Canada. We promote the safety and soundness of the financial system.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 28, 2006

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Professor Steve Ambler to the position of Special Adviser for the year 2006-07.

  Content Type(s): Press, Press releases
• June 21, 2006

  Global Economic Forces and the Need for Adjustment

  Remarks David Dodge Chambre de commerce du Montréal métropolitain and the Fédération des chambres de commerce du Québec Montréal, Quebec

  Since the start of the millennium, developments in the global economy have led to important changes throughout the Canadian economy and to serious challenges for many sectors and regions. Because nobody can anticipate precisely how the world will unfold, the best we can do is to ensure that our economy is as flexible as possible.

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