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May 13, 1998

Release of the Monetary Policy Report

Opening statement Gordon Thiessen
This morning we released our seventh Monetary Policy Report. Since the release of our last Report in November, there have been an unusual number of international and domestic developments which have had important economic and financial consequences. Among the most important events have been the crisis in Asia, declines in commodities prices, and the persistent […]

Alexander Ueberfeldt

Alexander Ueberfeldt
Alexander Ueberfeldt is a Senior Policy Director in the Canadian Economic Analysis Department.

Sharon Kozicki

Sharon Kozicki was appointed Deputy Governor of the Bank of Canada, effective August 2, 2021.
Department(s): Executive

A Blessing in Disguise: The Implications of High Global Oil Prices for the North American Market

Staff Working Paper 2013-23 Ron Alquist, Justin-Damien Guénette
We examine the implications of increased unconventional crude oil production in North America. This production increase has been made possible by the existence of alternative oil-recovery technologies and persistently elevated oil prices that make these technologies commercially viable.
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