Change theme
Change theme

Browse publications

Find Bank of Canada publications by keyword, author, content type, JEL code, topic or publication date.

Contains

Authors

Content Types

JEL Codes

Topics

Published After

Published Before

1394 result(s)
September 27, 2012

Banking and Financial Statistics - September 2012

Erratum: A note to the tables for C1-10 was erroneously included on pg. S127 in the September 2012 publication of the Banking and Financial Statistics package. Although the note states that deposits of the chartered banks increased by $2.8 billion due to B2B Trust (a wholly owned subsidiary of Laurentian Bank) acquisition of AGF Trust, the actual data in the tables does not reflect this adjustment due to the timing of the BFS publication and the actual database updates. This note will be re-introduced in the October release of the BFS when August data is made available.

Content Type(s): Publications, Historical: Banking and Financial Statistics
August 16, 2012

Measurement Bias in the Canadian Consumer Price Index: An Update

Bank of Canada Review - Summer 2012 Patrick Sabourin
The consumer price index (CPI) is the most commonly used measure to track changes in the overall level of prices. Since it departs from a true cost-of-living index, the CPI is subject to four types of measurement bias—commodity substitution, outlet substitution, new goods and quality adjustment. The author updates previous Bank of Canada estimates of measurement bias in the Canadian CPI by examining these four sources of potential bias. He finds the total measurement bias over the 2005–11 period to be about 0.5 percentage point per year, consistent with the Bank’s earlier findings. Slightly more than half of this bias is caused by the fixed nature of the CPI basket of goods and services.
Content Type(s): Publications, Bank of Canada Review articles Topic(s): Inflation and prices, Inflation targets JEL Code(s): E, E3, E31, E5, E52
Go To Page
Share this page on Facebook
Share this page on X
Share this page on LinkedIn Share this page by email