Potential output in Canada: 2024 assessment Staff analytical note 2024-11 Tessa Devakos, Christopher Hajzler, Stéphanie Houle, Craig Johnston, Antoine Poulin-Moore, Ron Rautu, Temel Taskin We expect that potential output in Canada will grow by 2.3% and 2.5% in 2023 and 2024, respectively, and average slightly below 1.7% by 2027 as population growth moderates. Relative to the April 2023 assessment, growth is revised up in 2024, with a larger contribution from trend labour input due to higher-than-anticipated population growth. We revise down our estimates of growth over 2025–26. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E2, E3, E4, E5 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply, Digitalization and productivity
January 31, 2022 CARR welcomes RBSL consultation on the potential cessation of CDOR The Canadian Alternative Reference Rate working group (CARR) welcomes the publication by the administrator of CDOR, Refinitiv Benchmark Services (UK) Limited (RBSL), of a consultation document on the potential permanent cessation of the Canadian Dollar Offered Rate (CDOR). Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
July 26, 2004 Bank of Canada supports the new International Journal of Central Banking Media Relations The Bank of Canada today announced plans to support the development of a new publication focused on central bank theory and practice and issued a call for research papers. The International Journal of Central Banking (IJCB) will be a joint project of the Bank for International Settlements (BIS), the European Central Bank, and each of the Group of Ten (G-10) central banks, with participation expected from other central banks. Content Type(s): Press, Press releases
January 8, 2008 Transparency: The More, The Better? Remarks Sheryl Kennedy Association des femmes en finance du Québec Montréal, Quebec Transparency is the cornerstone of a well-functioning financial system. It's an issue that has been getting a lot of attention, and deservedly so, as we consider what has gone wrong in the market for asset-backed commercial paper. Content Type(s): Press, Speeches and appearances, Remarks
February 16, 2022 Expecting the unexpected: Central bank decision making in turbulent times Remarks (delivered virtually) Timothy Lane School of Public Policy, University of Calgary Calgary, Alberta Bank of Canada Deputy Governor Tim Lane discusses how the Bank responds to uncertainty in turbulent times. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
October 23, 2002 Monetary Policy Report – October 2002 Over the past year, Canada’s economy has outperformed the economies of virtually all the other major industrial countries. Content Type(s): Publications, Monetary Policy Report
November 14, 2011 Bank Note Launch Remarks Mark Carney MaRS Discovery District Toronto, Ontario Governor Mark Carney announces the launch of the new $100 bank note. Content Type(s): Press, Speeches and appearances, Remarks
January 23, 2002 Monetary Policy Report Update – January 2002 In the November Monetary Policy Report, the timing and extent of the recovery in economic activity in Canada this year was seen as depending crucially on geopolitical developments and on how quickly consumer and business confidence would return to normal. Content Type(s): Publications, Monetary Policy Report
December 16, 2021 CARR publishes White Paper on the recommended future of CDOR In October 2020, the Canadian Alternative Reference Rate (CARR) working group was tasked with analyzing the current status of the Canadian Dollar Offered Rate (CDOR) and to make recommendations based on that analysis. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
July 10, 2006 Workshop on Commodity Price Issues Conference held on 10 and 11 July 2006 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops