July 13, 2016 Monetary Policy Report Press Conference Opening Statement Opening statement Carolyn A. Wilkins, Stephen S. Poloz Ottawa, Ontario Senior Deputy Governor Carolyn 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 Research Topic(s): Exchange rates, Inflation and prices, Interest rates, Monetary policy, Recent economic and financial developments, Regional economic developments
October 24, 2016 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today. It is our normal practice to appear before this committee twice a year to discuss the Bank’s Monetary Policy Report (MPR). We published our latest MPR last week and are happy to answer questions about […] Content Type(s): Press, Speeches and appearances, Opening statements
December 23, 2005 70 Years of Central Banking in Canada Bank of Canada Review - Winter 2005-2006 David Dodge Remarks by David Dodge, Governor of the Bank of Canada, to the Canadian Economics Association Content Type(s): Publications, Bank of Canada Review articles
April 3, 2023 Canadian Survey of Consumer Expectations—First Quarter of 2023 Results in the first quarter of 2023 show that consumer expectations for inflation one to two years ahead fell but remain elevated, particularly for services. Consumers, especially indebted households and equity-deserving groups, are facing financial pressures and limits on their spending due to high inflation and increasing interest rates. Consumers expect to spend less on discretionary services, such as travelling and eating out. Canadians continue to anticipate a recession in the next 12 months. Many are uncertain about where the economy and job markets are going. Despite this, workers still see the labour market as strong and expect wage growth to increase. Content Type(s): Publications, Canadian Survey of Consumer Expectations
November 8, 2012 Some Current Issues in Financial Reform Remarks Mark Carney Canadian Club of Montréal Montréal, Quebec Governor Mark Carney discusses financial system reform in a speech to the Canadian Club of Montréal. Content Type(s): Press, Speeches and appearances, Remarks
June 11, 2009 Rebalancing the Global Economy Remarks Mark Carney International Economic Forum of the Americas, conference of Montreal The theme of this conference – "Adapting to a New World Order" – suggests that it is clear how global commerce and finance will be reorganized in the wake of the current crisis. However, the outcome is far from preordained. How we manage the rebalancing of the global economy could profoundly influence how open, equitable, and prosperous the New World Order will be. Content Type(s): Press, Speeches and appearances, Remarks
The Slowdown in Productivity Growth in the 1975-83 Period: A Survey of Possible Explanations Technical Report No. 43 Gerald Stuber The growth rates of both aggregate factor and labour productivity in Canada fell substantially during the period 1975-83. This paper examines this phenomenon and reviews a number of possible explanations for it. First, the productivity growth slowdown is examined at various levels of industry disaggregation. It is apparent from this analysis that the slowdown varied […] Content Type(s): Staff research, Technical reports Research Topic(s): Productivity JEL Code(s): D, D2, D24
March 30, 2005 Canada's Competitiveness: The Importance of Investing in Skills Remarks David Dodge Humber College Institute of Technology & Advanced Learning Toronto, Ontario Productivity plays a critical role when it comes to our national standard of living. Productivity growth is the main element that contributes to continued improvements in real incomes and overall prosperity. Rising productivity lets businesses pay higher wages, while keeping costs down, employment high, and profits coming in. That's why economists like me spend a lot of time thinking about ways to improve the productivity of our economy. Content Type(s): Press, Speeches and appearances, Remarks
Market Expectations and Option Prices: Evidence for the Can$/US$ Exchange Rate Staff Discussion Paper 2010-2 Alejandro García, Andrei Prokopiw Security prices contain valuable information that can be used to make a wide variety of economic decisions. To extract this information, a model is required that relates market prices to the desired information, and that ideally can be implemented using timely and low-cost methods. Content Type(s): Staff research, Staff discussion papers Research Topic(s): Econometric and statistical methods, Exchange rates, Financial markets JEL Code(s): C, C0, C00, C02, G, G1, G13
January 30, 2004 Annual Report 2003 At the Bank of Canada, we have worked hard over the past several years to define our goals and our methods for achieving them. We have continued to strengthen our monetary policy framework, and we have established priorities in all areas of our operations to help us meet our strategic objectives. In 2002, the Bank set out a medium-term plan for the period 2003–05. The plan’s clearly defined policy frameworks and priorities were critical in guiding our analysis and our decisions in 2003, a year in which Canadians across the country were affected by a number of severe and unanticipated events. Content Type(s): Publications, Annual Report