November 3, 2014 Bank of Canada Policy Appropriate in the Face of Uncertainty, Says Governor Stephen S. Poloz Media Relations Toronto, Ontario The Bank of Canada’s monetary policy is appropriate to return Canadian inflation to its 2 per cent target as worldwide economic uncertainty lingers, Governor Stephen S. Poloz said today in Toronto. The global economy is facing significant headwinds that could restrain growth for a prolonged period, including efforts by households and financial institutions to reduce their debt and those by governments to […] Content Type(s): Press, Press releases
October 31, 2014 Weekly Financial Statistics - 31 October 2014 Content Type(s): Publications, Historical: Weekly Financial Statistics
February 6, 2015 Weekly Financial Statistics - 6 February 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
Motivations for Capital Controls and Their Effectiveness Staff Working Paper 2015-5 Radhika Pandey, Gurnain Pasricha, Ila Patnaik, Ajay Shah We assess the motivations for changing capital controls and their effectiveness in India, a country with extensive and long-standing controls. We focus on the controls on foreign borrowing that can, in principle, be motivated by macroprudential concerns. Content Type(s): Staff research, Staff working papers Topic(s): Exchange rate regimes, Financial stability, Financial system regulation and policies, International topics JEL Code(s): F, F3, F32, G, G1, G15, G18
Demographics and the Demand for Currency Staff Working Paper 2014-59 Geoffrey R. Dunbar I use data from the Bank of Canada’s Bank Note Distribution System and exploit a natural experiment offered by the timing of Easter in the Gregorian calendar to analyze the effects of demographic change for currency demand. Content Type(s): Staff research, Staff working papers Topic(s): Bank notes, Econometric and statistical methods JEL Code(s): C, C3, C31, C36, E, E4, E41
December 18, 2014 Bank of Canada Announces Details of a Term Repo for Balance Sheet Management Purposes Operation The Bank of Canada announced today that it will conduct a Term Repo for Balance Sheet Management Purposes operation. Content Type(s): Press, Market notices
November 30, 2014 Research Update - November 2014 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
October 21, 2015 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
October 9, 2015 Business Outlook Survey - Autumn 2015 The autumn Business Outlook Survey shows that firms’ expectations continue to diverge as they gradually adjust to an environment of weaker commodity prices and a lower Canadian dollar. The overall sales and investment outlook improved, owing in part to continued support from U.S. demand. However, business sentiment remains weak for firms directly and indirectly tied to the resource sector. Content Type(s): Publications, Business Outlook Survey
May 5, 2015 Bank of Canada Emergency Lending Policies: Consultation Paper The Bank of Canada is updating its emergency lending policies to reflect the evolution of the Canadian financial system and lessons learned globally during the 2007–09 financial crisis. This paper sets out proposed updates to the Bank of Canada’s Emergency Lending Assistance (ELA) policies and is being issued for public consultation. All comments on this consultation paper should be received by 4 July 2015.