Posts
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Does US or Canadian Macro News Drive Canadian Bond Yields?
We show that a large share of low-frequency (quarterly) movements in Canadian government bond yields can be explained by macroeconomic news, even though high-frequency (daily) changes are driven by other shocks. Furthermore, we show that US macro news—not domestic news— explains most of the quarterly variation in Canadian bond yields. -
December 5, 2018
Bank of Canada maintains overnight rate target at 1 ¾ per cent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. -
December 4, 2018
Bank of Canada Announces Deputy Governor Appointment
The Board of Directors of the Bank of Canada today announced the appointment of Paul Beaudry as Deputy Governor, effective February 18, 2019. -
November 30, 2018
Research Update - November 2018
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. -
November 29, 2018
Launch of the new exhibition A Noteworthy Woman
Senior Deputy Governor Carolyn A. Wilkins delivers remarks at the launch of the new Bank of Canada Museum exhibition A Noteworthy Woman, which depicts the life of Viola Desmond, the first Canadian woman to appear on a regular bank note. -
November 29, 2018
New exhibition on Viola Desmond opens at Bank of Canada Museum
The Bank of Canada Museum is inviting Canadians of all ages to visit the new exhibition A Noteworthy Woman, which depicts the life of Viola Desmond, an icon of the human rights and social justice movement in Canada and the first Canadian woman to appear on a regular bank note. -
The Trade War in Numbers
We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy. -
The Propagation of Regional Shocks in Housing Markets: Evidence from Oil Price Shocks in Canada
How do global oil price shocks spread through Canada’s economy? With Canada’s regionally diverse economy in mind, we explore the implications of oil price shocks for Canadian housing markets and regional economies. We show that the belief that oil price shocks only matter in oil-rich regions is false. -
November 26, 2018
Bank of Canada announces finalists for the fourth annual Governor’s Challenge
The Bank of Canada today announced the five finalist teams in the 2018–19 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.