October 31, 2014
Posts
-
-
October 3, 2017
Seeking Gazelles in Polar Bear Country
Deputy Governor Sylvain Leduc discusses the decline in firm creation and productivity in the Canadian economy. -
Habit Formation and the Persistence of Monetary Shocks
This paper studies the persistent effects of monetary shocks on output. Previous empirical literature documents this persistence, but standard general-equilibrium models with sticky prices fail to generate output responses beyond the duration of nominal contracts. -
Changing Labour Market Participation Since the Great Recession: A Regional Perspective
This paper discusses broad trends in labour force participation and part-time employment across different age groups since the Great Recession and uses provincial data to identify changes related to population aging, cyclical effects and other factors. -
July 14, 2005
Monetary Policy Report Update – July 2005
The update on global and Canadian economic developments presented in this Report highlights three issues. -
January 31, 2020
Your candidates for the next $5 bank note
Meet the short list of eight bank NOTE-able Canadians whose portraits could appear on the next $5 note. -
The Performance and Robustness of Simple Monetary Policy Rules in Models of the Canadian Economy
In this report, we evaluate several simple monetary policy rules in twelve private and public sector models of the Canadian economy. Our results indicate that none of the simple policy rules we examined is robust to model uncertainty, in that no single rule performs well in all models. -
Cash and COVID-19: The Effects of Lifting Containment Measures on Cash Demand and Use
Using Bank Note Distribution System data on the demand for cash up to September 2020, we find that demand was strong. This is true even though cash use for payments declined early in the pandemic. When mobility restrictions and lockdown measures were eased, cash use for payments increased sharply but remained less popular than electronic methods of payment. -
June 18, 1997
The Canadian economy: Challenges and prospects
Once a year, the Bank of Canada's Board of Directors meets outside Ottawa, alternating among the provinces. I am delighted that this year's out-of-town meeting has brought us to the beautiful and historic city of Quebec. I would like to take this opportunity to talk to you about recent developments in our economy. -
October 15, 2012
Business Outlook Survey - Autumn 2012
The results of the autumn survey suggest that, in an environment of slow global economic growth and uncertainty about demand, firms have tem¬pered their expectations for business activity.