April 7, 2017 Unveiling of Commemorative Bank Note Marking the 150th Anniversary of Canada Remarks Stephen S. Poloz Ottawa, Ontario Governor Stephen S. Poloz unveils a new commemorative $10 bank note marking the 150th anniversary of Canada. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Bank notes
April 12, 2017 Bank of Canada maintains overnight rate target at 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
What Explains the Recent Increase in Canadian Corporate Bond Spreads Staff Analytical Note 2017-2 Maxime Leboeuf, James Pinnington The spread between the yield of a corporate bond and the yield of a similar Government of Canada bond reflects compensation for possible default by the issuing firm and compensation for additional risks beyond default. Content Type(s): Staff research, Staff analytical notes Research Topic(s): Financial markets JEL Code(s): G, G1, G12
April 3, 2017 Business Outlook Survey - Spring 2017 The results of the spring Business Outlook Survey reflect signs of a further strengthening of domestic demand following overall subdued activity over the past two years. This outlook is supported by foreign demand and an expected rebound in activity in energy-producing regions. Content Type(s): Publications, Business Outlook Survey
The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Nonresponse Technical Report No. 107 Stan Hatko Nonresponse is a considerable challenge in the Retailer Survey on the Cost of Payment Methods conducted by the Bank of Canada in 2015. There are two types of nonresponse in this survey: unit nonresponse, in which a business does not reply to the entire survey, and item nonresponse, in which a business does not respond to particular questions within the survey. Content Type(s): Staff research, Technical reports Research Topic(s): Central bank research JEL Code(s): C, C8, C81, C83
Adoption Costs of Financial Innovation: Evidence from Italian ATM Cards Staff Working Paper 2017-8 Kim Huynh, Philipp Schmidt-Dengler, Gregor W. Smith, Angelika Welte The discrete choice to adopt a financial innovation affects a household’s exposure to inflation and transactions costs. We model this adoption decision as being subject to an unobserved cost. Content Type(s): Staff research, Staff working papers Research Topic(s): Bank notes, Econometric and statistical methods, Financial services JEL Code(s): C, C3, C35, D, D1, D14, E, E4, E41