April 12, 2017 Monetary Policy Report Press Conference Opening Statement Opening statement Carolyn A. Wilkins Ottawa, Ontario Senior Deputy Governor Carolyn A. Wilkins discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
December 6, 2006 The Art and Design of Canadian Bank Notes This volume offers readers a behind-the-scenes look at the demanding world of bank note design, highlighting the beauty of Canada's bank notes and celebrating the engraver's art. Soft cover, 124 pages (2006). Content Type(s): Publications, Books and monographs, Souvenir books
A Reference Guide for the Business Outlook Survey Staff discussion paper 2020-15 David Amirault, Naveen Rai, Laurent Martin The Business Outlook Survey (BOS) has become an important part of monetary policy deliberations at the Bank of Canada and is also well known in Canadian policy and financial circles. This paper compiles more than 20 years of experience conducting the BOS and serves as a comprehensive reference manual. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C8, C83, D, D2, D22, E, E3, E32 Research Theme(s): Monetary policy, Monetary policy framework and transmission, Real economy and forecasting
Do Firms’ Sales Expectations Hit the Mark? Evidence from the Business Leaders’ Pulse Staff discussion paper 2025-15 Owen Gaboury, Farrukh Suvankulov, Mathieu Utting We analyze Canadian data from the Bank of Canada’s Business Leaders’ Pulse, examining firms’ sales growth expectations. We find that expected growth predicts outcomes, uncertainty influences forecast errors and revisions, and firms with weak past performance anticipate and experience weaker future growth. These results highlight the survey’s value for understanding business expectations. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C8, C83, D, D2, D22 Research Theme(s): Monetary policy, Monetary policy framework and transmission, Real economy and forecasting
June 21, 2009 Financial System Review - June 2009 Policy-makers around the world met the intensification of the global financial crisis at the end of 2008 with a forceful response aimed at restoring confidence in the global financial system, promoting the flow of credit, and supporting economic activity.FSR Highlights - June 2009 Erratum: Legends for Chart 13 on page 15 of the June 2009 issue should read: Argentina (right scale), Mexico (left scale). See revised chart. Content Type(s): Publications, Financial Stability Report
Who Pays? CCP Resource Provision in the Post-Pittsburgh World Staff discussion paper 2017-17 Jorge Cruz Lopez, Mark Manning At the Pittsburgh Summit in 2009, G20 countries announced their commitment to clear all standardized over-the-counter (OTC) derivatives through central counterparties (CCPs). Since then, CCPs have become increasingly important and there has been an extensive program of regulatory enhancements to both them and OTC derivatives markets. Content Type(s): Staff research, Staff discussion papers JEL Code(s): G, G0, G01, G2, G28 Research Theme(s): Financial markets and funds management, Market structure, Financial system, Financial stability and systemic risk, Financial system regulation and oversight, Money and payments, Payment and financial market infrastructures
November 5, 2024 Summary of Governing Council deliberations: Fixed announcement date of October 23, 2024 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on October 23, 2024. Content Type(s): Publications, Summary of deliberations
June 21, 2008 Financial System Review - June 2008 Although there has been some improvement in conditions over the past several weeks, strains in global credit markets have broadened since December.FSR Highlights - June 2008 Errata: Some factual errors in the June report "Bank of Canada Oversight Activities during 2007 under the Payment Clearing and Settlement Act" have been corrected. They concern (i) clarification of the U.S. Federal Reserve as lead overseer of CLS Bank and (ii) the steps taken by CDS on 14 August 2007 to assist issuers and participants holding defaulted ABCP. Content Type(s): Publications, Financial Stability Report
Digitalization: Implications for Monetary Policy Staff discussion paper 2023-18 Vivian Chu, Tatjana Dahlhaus, Christopher Hajzler, Pierre-Yves Yanni We explore the implications of digitalization for monetary policy, both in terms of how monetary policy affects the economy and in terms of data analysis and communication with the public. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C4, C8, E, E3, E31, E32, E5, E52 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Economic models, Monetary policy, Monetary policy framework and transmission, Structural challenges, Digitalization and productivity
January 29, 1999 Annual Report 1998 Inflation remained low for the seventh consecutive year, and the inflation target range of 1 to 3 per cent was extended to 2001. Content Type(s): Publications, Annual Report