Posts
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September 24, 2014
Are We There Yet? The United States and Canada After the Global Financial Crisis
Deputy Governor Timothy Lane discusses how the economic ties between Canada and the United States are evolving as the recovery from the 2008-09 financial crisis continues. -
September 22, 2014
Underwhelming Recovery Poses Challenges for Monetary Policy, Says Bank of Canada Senior Deputy Governor Carolyn Wilkins
The underwhelming recovery from the global financial crisis has challenged policy-makers to better understand the factors weighing on growth and to deal with greater uncertainty, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Toronto today. To conduct monetary policy, the Bank needs to assess how much of the slow growth is due to […] -
The Neutral Rate of Interest in Canada
A measure of the neutral policy interest rate can be used to gauge the stance of monetary policy. We define the neutral rate as the real policy rate consistent with output at its potential level and inflation equal to target after the effects of all cyclical shocks have dissipated. -
September 22, 2014
Monetary Policy and the Underwhelming Recovery
Senior Deputy Governor Carolyn Wilkins discusses the structural and cyclical factors underlying the underwhelming economic recovery and the implications for monetary policy. -
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September 19, 2014
Bank of Canada Calls for Nominations for the 2015 Fellowship and Governor’s Awards
This program fosters excellence in research in Canada, and develops partnerships with experts outside of the Bank. -
September 16, 2014
Floating Loonie Essential to the Bank of Canada’s Inflation-Targeting Regime, Says Governor Stephen S. Poloz
The Bank of Canada's commitment to keep inflation low and stable requires that the value of the Canadian dollar be determined by markets, Bank of Canada Governor Stephen S. Poloz said today in Drummondville. The Bank of Canada fosters strong, sustainable economic growth by aiming to keep inflation at the 2 per cent midpoint of […] -
September 16, 2014
Float of the Loonie
Governor Stephen S. Poloz discusses the role of a floating exchange rate in the Canadian economy and in the Bank’s monetary policy framework. -