July 17, 2013 Release of the Monetary Policy Report Opening statement Stephen S. Poloz Ottawa, Ontario Press conference following the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements
July 17, 2013 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Content Type(s): Press, Press releases
July 17, 2013 Monetary Policy Report – July 2013 Following growth of 1.7 per cent in 2012, the Canadian economy is expected to grow by 1.8 per cent in 2013 and 2.7 percent in 2014 and 2015, and to reach full capacity in mid-2015, as anticipated in the April Report. Content Type(s): Publications, Monetary Policy Report
July 12, 2013 Weekly Financial Statistics - 12 July 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
July 8, 2013 Senior Loan Officer Survey - Second-Quarter 2013 The survey, conducted between 10 and 14 June, pointed to a continued easing in overall business-lending conditions during the second quarter of 2013. Content Type(s): Publications, Senior Loan Officer Survey
July 8, 2013 Business Outlook Survey - Summer 2013 Responses to the summer survey provide further indications that uncertainty regarding the nature and timing of a notable improvement in growth prospects is bearing on firms’ expectations and investment decisions. Content Type(s): Publications, Business Outlook Survey
July 5, 2013 Weekly Financial Statistics - 5 July 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
The Threat of Counterfeiting in Competitive Search Equilibrium Staff Working Paper 2013-22 Enchuan Shao Recent studies in monetary theory show that if buyers can use lotteries to signal the quality of bank notes, counterfeiting does not occur in a pooling equilibrium. In this paper, I investigate the robustness of this non-existence result by considering an alternative trading mechanism. Content Type(s): Staff research, Staff working papers Topic(s): Bank notes JEL Code(s): D, D8, D82, D83, E, E4, E42