June 5, 2015 Weekly Financial Statistics - 5 June 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
May 29, 2015 Weekly Financial Statistics - 29 May 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
May 19, 2015 Canadian economy rebuilding, though headwinds remain, says Governor Poloz Media Relations Charlottetown, Prince Edward Island Following a setback caused by the drop in oil prices, the Canadian economy is once again on a course toward sustainable balanced growth, although it continues to face headwinds, Bank of Canada Governor Stephen S. Poloz said today. The Governor’s speech to the Greater Charlottetown Area Chamber of Commerce outlined some key indicators the Bank […] Content Type(s): Press, Press releases
May 18, 2015 Bank of Canada to issue a commemorative bank note marking the historic reign of Queen Elizabeth II As announced by the Prime Minister’s Office, the Bank of Canada will contribute to the Government of Canada’s plans to commemorate the historic reign of Her Majesty Queen Elizabeth II by issuing a commemorative bank note in 2015. Content Type(s): Press, Announcements Research Topic(s): Bank notes
May 14, 2015 Inflation Dynamics in the Post-Crisis Period Bank of Canada Review - Spring 2015 Christian Friedrich, Marc-André Gosselin Inflation rates in advanced economies experienced two consecutive puzzles during the period following the global financial crisis—unexpectedly high inflation from the end of 2009 to 2011 and unexpectedly low inflation from 2012 to the middle of 2014. We investigate these developments in two ways. First, we show that accounting for inflation expectations by households explains a significant share of the inflation puzzles at the international level. Second, we find that, for Canada, elevated competition in the retail sector is also important for understanding inflation dynamics in the post-crisis period. Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Inflation and prices, International topics, Regional economic developments JEL Code(s): E, E3, E31, E5, F, F4, F41
May 14, 2015 Improving the Foundation of Canada’s Payments System Bank of Canada Review - Spring 2015 Lana Embree, Paul Miller The Canadian payments environment has evolved with enhancements in technology, changes in user expectations and new regulatory standards. In response, the existing regulatory framework and core payments infrastructure are being enhanced. This article describes several revisions to the governance and regulation of the payments system as well as plans to update the core payments infrastructure. These initiatives will position the Canadian payments system to more effectively support a modern and vibrant economy by serving the payments needs of Canadians safely and efficiently as the payments industry continues to evolve. Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Financial system regulation and policies, Payment clearing and settlement systems JEL Code(s): E, E4, E42, G, G2, G28
May 14, 2015 The “Bank” at the Bank of Canada Bank of Canada Review - Spring 2015 Thérèse Couture, Christian Bélisle In this article, we describe the various types of banking services (payments, settlement and safekeeping) that the Bank of Canada provides to different types of clients (the Government of Canada, financial market infrastructures, financial institutions, foreign central banks and the Canada Deposit Insurance Corporation). We also explain the reasons the Bank provides these services and how this role supports its core mandates, in particular financial stability. Finally, we explore the factors driving the growth and evolution in the provision of these banking services. Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Financial services, Foreign reserves management, Payment clearing and settlement systems JEL Code(s): E, E5, E50, G, G2, G20
June 8, 2015 The underwhelming global post-crisis growth performance – determinants, effects and policy implications Workshop held on 8 and 9 June 2015 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops