Posts
-
-
Addressing Household Indebtedness: Monetary, Fiscal or Macroprudential Policy?
In this paper, we build a dynamic stochastic general-equilibrium model with housing and household debt, and compare the effectiveness of monetary policy, housing-related fiscal policy, and macroprudential regulations in reducing household indebtedness. -
-
September 9, 2015
$20 polymer note
Read about the security and artistry of the $20 note that features the Canadian National Vimy Memorial in honour of Canadian service during the First World War. -
Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically evaluate this view. -
November 2, 2011
Opening Statement before the Senate Standing Committee on National Finance
Good evening. Tiff and I are pleased to be here with you today to discuss retail price differentials between Canada and the United States. The mandate of the Bank of Canada is to enhance the well-being of Canadians by contributing to sustained economic growth. The single, most direct contribution that monetary policy can make to […] -
November 9, 2000
Monetary Policy Report – November 2000
Over the last six months, most countries have continued to register strong economic growth. -
August 18, 2011
Bank of Canada Review - Summer 2011
This special issue, “Real-Financial Linkages,” examines the Bank’s research using theoretical and empirical models to improve its understanding of the linkages between financial and macroeconomic developments in the wake of the recent global financial crisis. -
April 16, 2014
Monetary Policy Report – April 2014
Economic growth in Canada is expected to average about 2 1/2 per cent in 2014 and 2015 before easing to around the 2 per cent growth rate of the economy’s potential in 2016. -
January 23, 2013
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report.