Posts
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April 1, 2016
Business Outlook Survey - Spring 2016
Business sentiment in the spring Business Outlook Survey improved but remains subdued overall. The positive impetus coming from sustained foreign demand continues to be largely offset by the persistent drag and spillovers from the oil price shock. -
April 1, 2016
Senior Loan Officer Survey - First-Quarter 2016
The survey results suggest that overall business-lending conditions continued to tighten slightly, on balance, during the first quarter of 2016. -
March 31, 2016
Updates to the Overnight Money Market Financing Rate
As part of a periodic exercise to review and update current definitions, the Overnight Money Market Financing Rate (OMMFR) has been updated to provide more clarity on the calculation of this metric, specifically the types of collateral and transactions that are included. -
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A Bitcoin Standard: Lessons from the Gold Standard
This paper imagines a world in which countries are on the Bitcoin standard, a monetary system in which all media of exchange are Bitcoin or are backed by it. The paper explores the similarities and differences between the Bitcoin standard and the gold standard and describes the media of exchange that would exist under the Bitcoin standard. -
March 31, 2016
Research Update - March 2016
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. -
March 30, 2016
Adjusting to the Fall in Commodity Prices: One Step at a Time
Deputy Governor Lynn Patterson discusses how the Canadian economy is adjusting to the fall in commodity prices. -
Canadian Labour Market Dispersion: Mind the (Shrinking) Gap
Shocks to a currency area can and often do have asymmetric impacts on its regions that, in the absence of perfect labour mobility, lead to gaps in relative labour market performance. Witness, for example, the effects of the 2008/09 recession and subsequent financial crisis in Europe on the dispersion of employment rates across the euro area – and to a lesser extent the United States. -
March 29, 2016
Preliminary Quarterly Term Repo Schedule
The Bank of Canada today announced its preliminary April to June 2016 quarterly schedule for its term repo program. The Bank will announce each operation separately and may modify the schedule, including introducing operations for different terms.