November 7, 2017 Fundamental forces continue to drive inflation as economy evolves, Bank of Canada Governor Poloz says Media Relations Montréal, Quebec MONTRÉAL, QUEBEC—The fundamental forces that have always driven inflation will continue to do so, even as the global economy evolves, Bank of Canada Governor Stephen S. Poloz said today. In a speech to CFA Montréal and the Montreal Council on Foreign Relations, Governor Poloz challenged the idea that recent softness in inflation in many advanced […] Content Type(s): Press, Press releases
November 7, 2017 Understanding Inflation: Getting Back to Basics Remarks Stephen S. Poloz CFA Montréal and Montreal Council on Foreign Relations Montréal, Quebec Governor Stephen S. Poloz discusses how recent weak inflation in Canada and other economies can be explained by fundamental factors. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Econometric and statistical methods, Economic models, Inflation and prices, Labour markets, Monetary policy, Monetary policy implementation
November 3, 2017 Statement on the Nomination of a New Federal Reserve Chair Media Relations Ottawa, Ontario The Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System. Content Type(s): Press, Press releases
Digitalization and Inflation: A Review of the Literature Staff Analytical Note 2017-20 Karyne B. Charbonneau, Alexa Evans, Subrata Sarker, Lena Suchanek In the past few years, many have postulated that the possible disinflationary effects of digitalization could explain the subdued inflation in advanced economies. In this note, we review the evidence found in the literature. We look at three main channels. Content Type(s): Staff research, Staff analytical notes Topic(s): Inflation and prices, Market structure and pricing, Productivity JEL Code(s): D, D2, D22, E, E3, E31, L, L8, L81, O, O3, O33
November 1, 2017 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. When we were last here in April, we were celebrating the fact that we had upgraded our economic forecast following a […] Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Monetary policy, Monetary policy transmission, Potential output, Recent economic and financial developments, Sectoral balance sheet
Digital Transformation in the Service Sector: Insights from Consultations with Firms in Wholesale, Retail and Logistics Staff Analytical Note 2017-19 Wei Dong, James Fudurich, Lena Suchanek Firms increasingly rely on digital technologies such as e-commerce, cloud computing, big data, digital tracking and digital platforms that are reshaping business operations, business models and market structures. In this context, the Bank of Canada consulted with firms in wholesale, retail and logistics, as well as with related industry associations to yield insights on the adoption of digital technologies. Content Type(s): Staff research, Staff analytical notes Topic(s): Firm dynamics, Inflation and prices, Service sector JEL Code(s): D, D2, D22, E, E3, E31, L, L8, L81, L9, L92, O, O3, O33
October 31, 2017 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. When we were last here in April, we were celebrating the fact that we had upgraded our economic forecast following a long […] Content Type(s): Press, Speeches and appearances, Opening statements
October 31, 2017 Research Update - October 2017 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. Content Type(s): Staff research, Research newsletters
October 30, 2017 Government of Canada direct securities and loans: Holdings of general public classified by remaining term to maturity (formerly G7) Month-end data on general public held unmatured direct securities (excluding retail instruments and perpetuals) and non-marketable securities by remaining term to maturity.
October 30, 2017 Government of Canada direct securities and loans: Classified by remaining term to maturity and type of asset (formerly G6) Month-end data on unmatured direct securities (excluding non-marketable securities) and non-marketable securities by the type of assets and by their remaining term to maturity.