The Institutional and Political Determinants of Fiscal Adjustment Staff Working Paper 2006-1 Robert Lavigne The author empirically assesses the effects of institutional and political factors on the need and willingness of governments to make large fiscal adjustments. Content Type(s): Staff research, Staff working papers Topic(s): Development economics, Econometric and statistical methods, Fiscal policy, International topics JEL Code(s): E, E6, E62, O, O1, O17, O19
January 30, 2006 Annual Report 2005 In 2005, the Bank of Canada celebrated its 70th anniversary. Since the Bank opened its doors in March 1935, it has evolved into a national institution at the heart of Canada’s economy. We had a lot to celebrate in 2005—particularly our progress over the past 70 yearsand our continuing contribution to the economic and financial well-being of Canadians. Content Type(s): Publications, Annual Report
January 26, 2006 Bank of Canada releases Monetary Policy Report Update Media Relations Ottawa, Ontario The Bank of Canada today released its Update to the October Monetary Policy Report (MPR). The Update discusses current economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
January 26, 2006 Release of the Monetary Policy Report Update Opening statement David Dodge The Canadian and world economies are evolving essentially in line with the Bank's expectations, and the outlook for growth and inflation in Canada is similar to that in the October MPR. Canada's economy continues to adjust to global developments and to the associated changes in relative prices. Content Type(s): Press, Speeches and appearances, Opening statements
January 26, 2006 Monetary Policy Report Update – January 2006 The Canadian and global economies are evolving essentially in line with the Bank’s expectations. Content Type(s): Publications, Monetary Policy Report
January 24, 2006 Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/2 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 3 1/2 per cent. Content Type(s): Press, Press releases
January 16, 2006 Business Outlook Survey - Winter 2005-06 The results of this survey are broadly similar to those of the autumn survey, with firms in aggregate remaining optimistic about the economic outlook. Content Type(s): Publications, Business Outlook Survey
January 12, 2006 Canada's Monetary Policy Framework: Dealing with Global Economic Change Remarks Sheryl Kennedy International Finance Club of Montréal Montréal, Quebec The constant economic change that we've been experiencing makes it critical for the central bank to stand on a firm foundation as it works to enhance the country's economic strength. The Bank of Canada's monetary policy framework is such a foundation. Content Type(s): Press, Speeches and appearances, Remarks
January 6, 2006 Bank of Canada Review - Winter 2005-2006 Cover page Silver Presentation Salver The salver, which was bequeathed to the Bank of Canada by Lady Macmillan in 1967, is part of the artifact collection of the Bank of Canada Archives. Photography by Mone Cheng, Innovacom, Ottawa. Content Type(s): Publications, Bank of Canada Review
December 31, 2005 Summary of Government of Canada - Outstanding as at 31 December 2005 Content Type(s): Publications, Historical: Securities and loans