April 27, 2006 Release of the Monetary Policy Report Opening statement David Dodge The Canadian economy continues to grow at a solid pace, supported by robust global growth, firm commodity prices, and strong domestic demand. At the same time, global competition and the past appreciation of the Canadian dollar continue to pose challenges for a number of sectors. Content Type(s): Press, Speeches and appearances, Opening statements
April 27, 2006 Bank of Canada releases Monetary Policy Report Media Relations Ottawa, Ontario The Bank of Canada today released its April Monetary Policy Report (MPR), which discusses current economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
April 27, 2006 Monetary Policy Report – April 2006 The Canadian economy continues to grow at a solid pace, consistent with the Bank’s outlook in the January Monetary Policy Report Update. Content Type(s): Publications, Monetary Policy Report
April 25, 2006 Bank of Canada raises overnight rate target by 1/4 percentage point to 4 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 4 per cent. Content Type(s): Press, Press releases
April 24, 2006 Perspectives on Potential Output and Productivity Growth Conference held on 24 and 25 April 2006 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
April 17, 2006 Business Outlook Survey - Spring 2006 Businesses are positive about the economic outlook. Hiring and investment intentions are strong, while future sales are expected to increase at about the same pace as in the past 12 months.Supplemental questions on the appreciation of the Canadian dollar - Spring 2006 Content Type(s): Publications, Business Outlook Survey
April 16, 2006 Bank of Canada Review - Spring 2006 Cover page Depression Scrip The examples of Depression scrip illustrated here are part of the National Currency Collection of the Bank of Canada. Content Type(s): Publications, Bank of Canada Review
April 15, 2006 Issues in Inflation Targeting: A Summary of the Bank of Canada Conference Held 28-29 April 2005 Bank of Canada Review - Spring 2006 Robert Amano, Raphael Solomon The Bank of Canada's 2005 conference focused on two critical issues: price-level targets versus inflation targets, and the appropriate level of inflation. Session topics included new methodological approaches to examining the validity of the New Keynesian Phillips curve for Canada; the monetary policy implications of border effects and the financial-accelerator model; the zero lower bound on nominal interest rates; and inflation and welfare in general-equilibrium macroeconomic models. A panel of invited speakers discussed the issues of each session, and two distinguished speakers gave their perspectives on inflation. Content Type(s): Publications, Bank of Canada Review articles Topic(s): Inflation and prices, Inflation targets, Monetary policy framework
April 14, 2006 Trends in Retail Payments and Insights from Public Survey Results Bank of Canada Review - Spring 2006 Varya Taylor While the volume and value of bank notes have continued to increase, the use of cash as a payment method has been affected by the growing use of electronic alternatives. Taylor reports on a 2004 Bank of Canada survey of consumers' payment habits and their perceptions of cash and its alternatives, including their confidence in the security of bank notes. Analysis of the survey results shows that numerous factors affect the demand for bank notes, including income, age, education, gender, the use of debit and credit cards, and the perceived convenience of cash. Taylor also includes a report on the construction of a bank note confidence index that will serve as a benchmark for future surveys. Content Type(s): Publications, Bank of Canada Review articles Topic(s): Bank notes
April 13, 2006 Summary of the CFEC Survey on Foreign Exchange Hedging In December 2005, the Bank of Canada sent those banks that are members of the Canadian Foreign Exchange Committee (CFEC) a questionnaire that focused on the foreign exchange hedging activities of their corporate customers. Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee