Relative Price Movements and Labour Productivity in Canada: A VAR Analysis Staff Discussion Paper 2010-5 Michael Dolega, David Dupuis, Lise Pichette In recent years, the Canadian economy has been affected by strong movements in relative prices brought about by the surging costs of energy and non-energy commodities, with significant implications for the terms of trade, the exchange rate, and the allocation of resources across Canadian sectors and regions. Content Type(s): Staff research, Staff discussion papers Topic(s): Labour markets, Productivity, Recent economic and financial developments JEL Code(s): E, E2, E23, E24, O, O4, O47
May 14, 2010 Explainers Consult these brief articles explaining topics related to our core functions.
May 14, 2010 17th Annual Meetings of Gouverneurs des banques centrales des pays francophones Media Relations Ottawa, Ontario As part of events related to its 75th anniversary, the Bank of Canada hosted the 17th annual meetings of Gouverneurs des banques centrales des pays francophones in Montréal from 12 to 14 May 2010. Content Type(s): Press, Press releases
May 9, 2010 Bank of Canada Announces Swap Facility with U.S. Federal Reserve as part of Coordinated Central Bank Actions In response to the re-emergence of strains in U.S. dollar short-term funding markets in Europe, the Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank are announcing the re-establishment of temporary U.S. dollar liquidity swap facilities. Content Type(s): Press, Market notices
May 7, 2010 The New Bank of Canada Commodity Price Index (BCPI) Media Relations Ottawa, Ontario The Bank of Canada today announced the introduction of a new Bank of Canada commodity price index (BCPI). Content Type(s): Press, Press releases
May 6, 2010 Is There a Commodity Curse? Lessons from the Past Remarks John Murray University of Alberta Institute for Public Economics and C.D. Howe Institute Edmonton, Alberta As the title of the conference suggests, we have seen many boom-and-bust cycles in the commodity sector. This raises one obvious and central question: How can we avoid them in the future? Content Type(s): Press, Speeches and appearances, Remarks
April 30, 2010 Bank of Canada announces Terms and Conditions for Term Repo Operations for Balance Sheet Management Purposes The Bank of Canada announced today its Terms and Conditions for Term Repo Operations for Balance Sheet management purposes. Content Type(s): Press, Market notices
April 29, 2010 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Mark Carney Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Good morning, Mr. Chairman and committee members. I am pleased to appear before this committee today to discuss the Bank of Canada’s views on the economy and our monetary policy stance. Content Type(s): Press, Speeches and appearances, Opening statements
April 27, 2010 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Mark Carney House of Commons Standing Committee on Finance Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. I am pleased to appear before this committee today to discuss the Bank of Canada’s views on the economy and our monetary policy stance. Content Type(s): Press, Speeches and appearances, Opening statements
April 22, 2010 Monetary Policy Report – April 2010 Global economic growth has been somewhat stronger than projected, with momentum in emerging-market economies increasing noticeably. Content Type(s): Publications, Monetary Policy Report