Posts

• Dollarization in Canada: The Buck Stops There

  Technical Report No. 90 John Murray, James Powell

  The sharp depreciation of the Canadian dollar and the successful launch of the euro have spawned an animated debate in Canada concerning the potential benefits of formally adopting the U.S. dollar as our national currency.

  Content Type(s): Staff research, Technical reports Topic(s): Exchange rate regimes JEL Code(s): E, E3, E32, F, F3, F33, F36
• July 24, 2002

  Release of the Monetary Policy Report Update

  Opening statement David Dodge

  Today, we published our Update to the April Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 24, 2002

  Bank of Canada Releases Monetary Policy Report Update

  Media Relations

  The Bank of Canada today released its Update to the April Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases
• July 24, 2002

  Monetary Policy Report Update – July 2002

  t the time of the April Monetary Policy Report, it was evident that a robust economic recovery was underway in Canada.

  Content Type(s): Publications, Monetary Policy Report
• July 16, 2002

  Bank of Canada raises overnight rate target by 1/4 percentage point to 2 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 3/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 3 per cent.

  Content Type(s): Press, Press releases

• Estimates of the Sticky-Information Phillips Curve for the United States, Canada, and the United Kingdom

  Staff Working Paper 2002-19 Hashmat Khan, Zhenhua Zhu

  Mankiw and Reis (2001a) have proposed a "sticky-information"-based Phillips curve (SIPC) to address some of the concerns with the "sticky-price"-based new Keynesian Phillips curve.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Inflation and prices JEL Code(s): E, E3, E31

• Estimated DGE Models and Forecasting Accuracy: A Preliminary Investigation with Canadian Data

  Staff Working Paper 2002-18 Kevin Moran, Veronika Dolar

  This paper applies the hybrid dynamic general-equilibrium, vector autoregressive (DGE-VAR) model developed by Ireland (1999) to Canadian time series.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models JEL Code(s): E, E3, E32, E37
• June 12, 2002

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Andrew Spence to the visiting economist position of Special Adviser for a one-year term. Mr. Spence will be taking leave from his current position as Global Head, Currency and Credit Markets Research with TD Securities, as of September 2002.

  Content Type(s): Press, Press releases
• June 11, 2002

  Trust, Transparency, and Financial Markets

  Remarks David Dodge Greater Halifax Partnership Halifax, Nova Scotia

  But first, I would like to address an important subject; that is, how to promote the efficient operation of Canada's financial markets. Rather than approaching this topic in a detailed, technical way, I want to speak about two qualities that are essential to their efficient operation: trust and transparency.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 11, 2002

  Bank of Canada Governor says trust and transparency crucial for financial markets

  Media Relations Halifax, Nova Scotia

  Canadian financial markets need trust and transparency to operate most efficiently, Bank of Canada Governor David Dodge said today in a speech to the Greater Halifax Partnership. Mr. Dodge said that the Bank of Canada's reliance on trust and transparency shows why these qualities are also important to the private sector.

  Content Type(s): Press, Press releases