Posts
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February 13, 2013
Publishing CORRA on the Family Day holiday
The Bank’s Head Office will now be closed each year for the provincial Family Day holiday. The Canadian Overnight Repo Rate Average (CORRA) will not be published on that day. -
February 12, 2013
Opening Statement before the House of Commons Standing Committee on Finance
Good morning. Tiff and I are pleased to be here with you today to discuss the January Monetary Policy Report, which the Bank recently published. While the global economic outlook is slightly weaker than the Bank had projected in October MPR, global tail risks have also diminished. The economic expansion in the United States is […] -
February 12, 2013
Statement by G7 Finance Ministers and Central Bank Governors
We, the G7 Ministers and Governors, reaffirm our longstanding commitment to market determined exchange rates and to consult closely in regard to actions in foreign exchange markets. We reaffirm that our fiscal and monetary policies have been and will remain oriented towards meeting our respective domestic objectives using domestic instruments, and that we will not […] -
February 11, 2013
Financial Stability in One Country?
Deputy Governor Tim Lane discusses the cross-border implications of financial instability and financial reform. -
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Asking About Wages: Results from the Bank of Canada’s Wage Setting Survey of Canadian Companies
The Bank of Canada conducted a Wage Setting Survey with a sample of 200 private sector firms from mid-October 2007 to May 2008. Results indicate that wage adjustments for the Canadian non-union private workforce are overwhelmingly time dependent, with a fixed duration of one year, and are clustered in the first four months of the year, suggesting that wage stickiness may not be constant over the year. -
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January 30, 2013
Research Update - January 2013
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.