Posts

• La fiabilité des estimations de l'écart de production au Canada

  Staff Working Paper 2002-10 Jean-Philippe Cayen, Simon van Norden

  In this paper, we measure, with Canadian data, the scope of the revisions to real-time estimates of the output gap generated with several univariate and multivariate techniques. We also make an empirical evaluation of the usefulness of the output gap estimates for predicting inflation.

  Content Type(s): Staff research, Staff working papers Topic(s): Potential output JEL Code(s): E, E3, E32

• The Microstructure of Multiple-Dealer Equity and Government Securities Markets: How They Differ

  Staff Working Paper 2002-9 Toni Gravelle

  Although dealership government and equity securities have, on the surface, similar market structures, the author demonstrates that some subtle differences exist between them that are likely to significantly affect the way market-makers trade, and as such have an impact on the liquidity that they provide.

  Content Type(s): Staff research, Staff working papers Topic(s): Debt management, Financial markets, Market structure and pricing JEL Code(s): G, G1, G10, G15, G18

• Restructuring in the Canadian Economy: A Survey of Firms

  Staff Working Paper 2002-8 Carolyn Kwan

  The regional offices of the Bank conducted a survey of 140 Canadian companies (representing all non-government sectors of the economy) to study the effects of restructuring (defined as a major change in the way firms do business).

  Content Type(s): Staff research, Staff working papers Topic(s): Labour markets, Productivity, Regional economic developments JEL Code(s): O, O5, O51
• March 27, 2002

  The Bank of Canada Launches a New $5 Bank Note

  Media Relations Montréal, Quebec

  David Dodge, Governor of the Bank of Canada and Paul Martin, Minister of Finance were joined at the unveiling by Jean Béliveau, former NHL hockey player for the Montréal Canadiens, Kim St. Pierre, member of the gold-medal-winning Canadian Olympic women's hockey team in Salt Lake City, and Myriam Bédard, two-time Olympic gold medallist in the biathlon.

  Content Type(s): Press, Press releases
• March 26, 2002

  The Conduct of Monetary Policy in the Presence of Economic Shocks

  Remarks David Dodge National Association for Business Economics Washington, D.C.

  Globalization - the trend towards greater economic integration around the world - has brought important benefits to us all. It has boosted world trade, opened up access to sources of global finance, and facilitated the diffusion of far-reaching technological advances in transportation, communications, and information processing.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 25, 2002

  Canada's new $5 bank note launched on 27 March 2002

  Media Relations Ottawa, Ontario

  Canada's new $5 bank note will be launched Wednesday, 27 March, in Montréal.

  Content Type(s): Press, Press releases
• March 14, 2002

  Debt Strategy Market Consultations—2002-03: Summary of Comments

  In January 2002, officials from the Department of Finance and the Bank of Canada sought views of Government Securities Distributors and investors on a number of issues related to the domestic debt program as part of the development of the Debt Strategy 2002-03 and in keeping with the Government's ongoing commitment to consult with market […]
• March 14, 2002

  Debt Strategy Market Consultations - 2002-03: Summary of Comments

  In January 2002, officials from the Department of Finance and the Bank of Canada sought views of Government Securities Distributors and investors on a number of issues related to the domestic debt program as part of the development of the Debt Strategy 2002-03 and in keeping with the Government's ongoing commitment to consult with market participants.

  Content Type(s): Press, Market notices
• March 12, 2002

  Bank of Canada Governor Reviews Canadian Monetary Policy Choices

  Media Relations Paris, France

  In particular, the Governor discussed how the Bank of Canada aims to promote economic growth by means of a monetary policy symmetrically focused on a 2 per cent inflation target. "We pay equal attention to any significant movement away from 2 per cent - whether above or below," Mr. Dodge said. In contrast, the European Central Bank has an inflation-control ceiling of 2 per cent, he noted.

  Content Type(s): Press, Press releases
• March 12, 2002

  Monetary Policy Choices: The Canadian Experience

  Remarks David Dodge Chambre de Commerce France-Canada and Les Canadiens en Europe (France) Paris, France

  Over the years, both Canada and France have had to make decisions about the framework guiding monetary policy. The authorities in the two countries have made choices that reflect the differences in our economies.

  Content Type(s): Press, Speeches and appearances, Remarks