August 22, 2007 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario The Special Adviser position was created to bring additional perspectives to monetary policy discussions. Content Type(s): Press, Press releases
August 16, 2007 Bank of Canada welcomes initiatives to support the functioning of financial markets in Canada Media Relations Ottawa, Ontario The Bank of Canada welcomes the initiatives announced today to support the asset-backed commercial paper market in Canada. Content Type(s): Press, Press releases
July 10, 2007 Bank of Canada raises overnight rate target by 1/4 percentage point to 4 1/2 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 1/2 per cent. Content Type(s): Press, Press releases
May 10, 2007 Governor Dodge Discusses Need to Support Canada's Private Pension System Media Relations Toronto, Ontario Policy-makers need to make sure that Canada's system of private pensions provides the right incentives for risk to be managed appropriately, Bank of Canada Governor David Dodge said today. Content Type(s): Press, Press releases
April 26, 2007 Bank of Canada releases Monetary Policy Report Media Relations Ottawa, Ontario The Bank of Canada today released its April Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
April 25, 2007 Process for selecting a Governor of the Bank of Canada Media Relations The Board of Directors of the Bank of Canada has initiated a process to find a replacement for the Governor of the Bank of Canada, David Dodge, whose seven year mandate will end on 31 January 2008. The following is the process leading to the appointment of a new Governor. Content Type(s): Press, Press releases
January 22, 2004 Release of the Monetary Policy Report Update Opening statement David Dodge Three developments have led us to modify our outlook for economic growth and inflation in Canada, since our October Monetary Policy Report. These include: stronger-than-expected world economic activity, the continued sharp depreciation of the U.S. dollar against major world currencies (including the Canadian dollar), and a somewhat larger output gap in Canada at the end of 2003. Content Type(s): Press, Speeches and appearances, Opening statements
April 24, 2007 Bank of Canada keeps target for the overnight rate at 4 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. Content Type(s): Press, Press releases
Modelling the Evolution of Credit Spreads in the United States Staff Working Paper 2004-45 Stuart Turnbull, Jun Yang The authors use Jarrow and Turnbull's (1995) reduced-form methodology to model the evolution of the term structure of interest rates in the United States for different credit classes and different industries. Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Market structure and pricing JEL Code(s): G, G1, G12, G13
Prévision et analyse de la production manufacturière au Canada : comparaison de modèles linéaires et non linéaires Staff Working Paper 2004-40 Frédérick Demers In this paper, the author describes reduced-form linear and non-linear econometric models developed to forecast and analyze quarterly data on output growth in the Canadian manufacturing sector from 1981 to 2003. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Econometric and statistical methods JEL Code(s): C, C2, C22, C5, C53