May 25, 2020 Monetary policy in unknowable times Lecture Stephen S. Poloz Eric J. Hanson Memorial Lecture University of Alberta Edmonton, Alberta Governor Stephen S. Poloz discusses the evolution of the way the Bank takes a risk-management approach in the conduct of monetary policy, and what this implies for the recovery from the pandemic. Content Type(s): Press, Speeches and appearances, Lectures Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework
January 31, 2023 2022 Annual Retrospective Newsletter Starting this year, we will be using the January issue of our newsletter to look back at our research activities over the past year and to celebrate the achievements of our colleagues. Content Type(s): Staff research, Research newsletters
Macroeconomic Uncertainty Through the Lens of Professional Forecasters Staff working paper 2016-5 Soojin Jo, Rodrigo Sekkel We analyze the evolution of macroeconomic uncertainty in the United States, based on the forecast errors of consensus survey forecasts of different economic indicators. Comprehensive information contained in the survey forecasts enables us to capture a real-time subjective measure of uncertainty in a simple framework. Content Type(s): Staff research, Staff working papers JEL Code(s): C, C3, C38, E, E1, E17, E3, E32 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Real economy and forecasting
May 11, 2017 The Digital Economy Bank of Canada Review - Spring 2017 Chris D'Souza, David Williams Digital technologies—cloud computing, the Internet of Things, advanced robotics, big data analytics, artificial intelligence and machine learning, social media, 3D printing, augmented reality, virtual reality, e-money and distributed ledgers—are transforming the way busi-nesses operate. How does this transformation compare with past industrial revolutions? How are digital technologies changing production systems across industries? Agile firms that use knowledge intensively and have high levels of both organizational and human capital appear set to realize the greatest benefits from digitalization. Finally, what are the implications for productivity, labour markets, inflation and monetary policy as we transition to the digital economy? Content Type(s): Publications, Bank of Canada Review articles JEL Code(s): D, D2, D24, L, L1, L10, O, O1, O3, O33
January 25, 2012 Collateral Portfolios and Adverse Dependence Financial System Review - December 2007 Alejandro García, Ramazan Gençay Content Type(s): Publications, Financial System Review articles
Digitalization: Productivity Staff discussion paper 2023-17 Jeffrey Mollins, Temel Taskin We examine the relationship between digitalization and productivity, the factors that influence this relationship, and how digitalization’s effect on productivity could change firm behaviour. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E2, L, L1, L11, O, O4, O47, O5, O51 Research Theme(s): Structural challenges, Digitalization and productivity
Unmet Payment Needs and a Central Bank Digital Currency Staff discussion paper 2023-15 Christopher Henry, Walter Engert, Alexandra Sutton-Lalani, Sebastian Hernandez, Darcey McVanel, Kim Huynh We discuss the payment habits of Canadians both in the current payment environment and in a hypothetical cashless environment. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C1, C12, C9, E, E4, O, O5, O54 Research Theme(s): Money and payments, Cash and bank notes, Digital assets and fintech, Retail payments
April 14, 2007 Bank of Canada Review - Spring 2007 Cover page Gas Cards All gas cards pictured here are part of the National Currency Collection of the Bank of Canada. Content Type(s): Publications, Bank of Canada Review
June 21, 2006 Ownership Concentration and Competition in Banking Markets Financial System Review - June 2006 Alexandra Lai, Raphael Solomon Content Type(s): Publications, Financial System Review articles
December 27, 2005 An Empirical Analysis of Foreign Exchange Reserves in Emerging Asia Financial System Review - December 2005 Marc-André Gosselin, Nicolas Parent Content Type(s): Publications, Financial System Review articles