Posts
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February 10, 2020
University of British Columbia crowned National Champion of The Governor’s Challenge
The University of British Columbia has won the Bank of Canada’s fifth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council. -
The Power of Helicopter Money Revisited: A New Keynesian Perspective
We analyze money financing of fiscal transfers (helicopter money) in two simple New Keynesian models: a “textbook” model in which all money is non-interest-bearing (e.g., all money is currency), and a more realistic model with interest-bearing reserves. -
A Spatial Model of Bank Branches in Canada
Using data on bank branch locations across Canada from 2008 to 2018, we explore an interesting aspect of bank branch competition—geographic concentration. We find that bank branch density does not correlate with geographic and market concentration; however, we do find strong correlation with postal-code demographics. -
Characterizing Breadth in Canadian Economic Activity
Real growth in gross domestic product tends to be meaningfully higher when a large share of industries and demand components are growing—that is, when growth is broad across many fronts. -
February 5, 2020
Securing prosperity is up to all of us
Senior Deputy Governor Carolyn A. Wilkins explains that Canada is well-positioned to secure prosperity and avoid a long period of slow growth if we take the right steps. -
February 5, 2020
Securing long-term prosperity is up to all of us, Senior Deputy Governor Wilkins says
In remarks to the Economic Club of Canada, Senior Deputy Governor Carolyn A. Wilkins said aging populations and weak productivity gains are holding back prospects in many advanced economies, including Canada’s. -
February 5, 2020
Our Economic Destiny: Written in R-stars?
Senior Deputy Governor Carolyn A. Wilkins talks about how to navigate slow growth and discusses the types of policies that would help secure long-term prosperity. -
January 31, 2020
Understanding money in the 21st century
Here's what money does—and how we’re handling it in the digital age. -
January 31, 2020
Research Update - January 2020
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.