January 27, 2005
Monetary Policy Report Update – January 2005
The adjustment of the Canadian economy to major global developments continues to shape the economic outlook.
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January 25, 2005
Bank of Canada keeps target for the overnight rate at 2 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent. -
January 20, 2005
Bank of Canada to Upgrade $10 Bank Note
As part of its ongoing efforts to improve the security of Canadian bank notes, the Bank of Canada will issue a $10 note with upgraded security features beginning 18 May 2005. -
January 17, 2005
Business Outlook Survey - Winter 2004-05
Businesses remain positive about the economic outlook but less so than in the autumn survey. The appreciation of the Canadian dollar between the survey periods has heightened uncertainty among businesses and dampened the expectations of those adversely affected by the rising dollar.Supplemental questions on the appreciation of the Canadian dollar - Winter 2004-05
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Self-Enforcing Labour Contracts and the Dynamics Puzzle
To properly account for the dynamics of key macroeconomic variables, researchers incorporate various internal-propagation mechanisms in their models. -
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