May 20, 1996 Monetary Policy Report – May 1996 This Report presents the Bank of Canada’s assessment of the trend of inflation in Canada and explains the monetary policy actions deemed necessary to keep inflation within the Bank’s inflation-control target range. Content Type(s): Publications, Monetary Policy Report
June 22, 2020 Monetary policy in the context of COVID-19 Remarks (delivered virtually) Tiff Macklem Canadian clubs and cercles canadiens Ottawa, Ontario Governor Tiff Macklem talks about the conduct of monetary policy in the context of COVID-19. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
A Primer on the Canadian Bankers’ Acceptance Market Staff discussion paper 2018-6 Kaetlynd McRae, Danny Auger This paper discusses how the bankers’ acceptance (BA) market in Canada is organized and its essential link to the Canadian Dollar Offered Rate (CDOR). Globally, BAs are a niche product used only in a limited number of jurisdictions. Content Type(s): Staff research, Staff discussion papers JEL Code(s): G, G1, G18, G2, G21, G23 Research Theme(s): Financial markets and funds management, Market functioning, Market structure
March 6, 2010 By All Accounts By All Accounts is the fifth and final book in the Bank's souvenir history series. This volume presents a portrait of the Bank from the perspective of outside observers, showing how Canadians have perceived the performance of their central bank over the decades through the eyes of those who monitor its work on the public's behalf. Content Type(s): Publications, Books and monographs, Souvenir books
March 27, 2020 Press Conference Opening Statement – March 27, 2020 Opening statement Stephen S. Poloz Ottawa, Ontario This unscheduled rate decision brings the policy rate to its effective lower bound, to provide support to the Canadian financial system and to the economy during the COVID-19 pandemic. Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework
November 16, 1998 Monetary Policy Report – November 1998 During the past six months, global economic uncertainties have intensified, largely as a result of developments in emerging-market economies. Content Type(s): Publications, Monetary Policy Report
November 18, 2013 Risk Management and Financial Reform Remarks Tiff Macklem Autorité des marchés financiers Montréal, Quebec Senior Deputy Governor Tiff Macklem discusses risk management and global financial reform. Content Type(s): Press, Speeches and appearances, Remarks
November 19, 2015 Measuring Durable Goods and Housing Prices in the CPI: An Empirical Assessment Bank of Canada Review - Autumn 2015 Patrick Sabourin, Pierre Duguay While the CPI is the most commonly used measure to track inflation, it is not fully consistent with a true cost-of-living index (COLI). Although the official treatment of durable goods and housing in the CPI represents an acceptable compromise in the current environment of low and stable inflation, Sabourin and Duguay suggest that it would be worthwhile to consider treating housing and durables in the same way and bringing the actual CPI closer to a COLI. This could be accomplished by employing an enhanced user-cost approach to calculate the imputed cost of the services provided by the use of durable goods or housing. Content Type(s): Publications, Bank of Canada Review articles JEL Code(s): E, E3, E31, E5, E52
Finding the balance—measuring risks to inflation and to GDP growth Staff analytical note 2023-18 Bruno Feunou, James Kyeong Using our new quantitative tool, we show how the risks to the inflation and growth outlooks have evolved over the course of 2023. Content Type(s): Staff research, Staff analytical notes JEL Code(s): C, C3, C32, C5, C58, E, E4, E44, G, G1, G17 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission, Real economy and forecasting
April 30, 2013 Bank of Canada Unveils New $5 and $10 Polymer Bank Notes Media Relations Ottawa, Ontario Canada’s new and more secure $5 and $10 polymer bank notes were unveiled today at the Bank of Canada’s Ottawa head office, and from aboard the International Space Station. Content Type(s): Press, Press releases