November 8, 2013 Quarterly Financial Report - Third Quarter 2013 Quarterly Financial Report - Third Quarter 2013 - For the period ended 30 September 2013 Content Type(s): Publications, Quarterly Financial Report
May 1, 2001 Renewal of the Inflation-Control Target (May 2001) Commentary relating to the 2001 target renewal. Content Type(s): Background materials Research Topic(s): Inflation and prices, Monetary policy
January 22, 2020 Monetary Policy Report – January 2020 The Bank projects that growth in the Canadian economy will accelerate from 1.6 percent this year to 2 percent in 2021. Content Type(s): Publications, Monetary Policy Report
August 21, 2003 Dollarization in Canada: An Update Bank of Canada Review - Summer 2003 John Murray, James Powell, Louis-Robert Lafleur The authors describe a special survey of the payment and financial-reporting practices of Canadian firms conducted by the Bank of Canada's regional offices to determine if the U.S. dollar has started to displace the Canadian dollar as a preferred unit of account. A cross-section of firms was asked what currency (or currencies) they used: (i) for quoting sales to Canadian customers, (ii) for quoting prices to foreigners, (iii) for reporting their financial results, and (iv) for quoting salaries and wages. The survey results reported here extend some earlier results reported in a previous Review article by Murray and Powell. The data indicate that, despite the dominance of the U.S. dollar in world trade and as an international standard of value, use of the U.S. dollar in Canada is very limited. The vast majority of Canadian firms price their products and keep their financial statements in Canadian dollars, and very few workers in Canada have their salaries paid in a foreign currency. The Canadian dollar is still strongly preferred for most pricing and financial-reporting activities in Canada, and there is very little evidence of "dollarization." Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Exchange rate regimes
Characterizing Breadth in Canadian Economic Activity Staff Analytical Note 2020-1 Taylor Webley, Carla Valerio, Maureen MacIsaac Real growth in gross domestic product tends to be meaningfully higher when a large share of industries and demand components are growing—that is, when growth is broad across many fronts. Content Type(s): Staff research, Staff analytical notes Research Topic(s): Business fluctuations and cycles JEL Code(s): E, E3, E32
September 10, 2024 Rewired, recast and redirected: Global trade and implications for Canada Remarks Tiff Macklem Canada-UK Chamber of Commerce London, United Kingdom Bank of Canada Governor Tiff Macklem discuss shifts in the global trade environment and outlines the challenges and opportunities for Canada. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): International topics, Service sector, Trade integration
February 2, 2022 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Tiff Macklem Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
May 13, 1998 Monetary Policy Report – May 1998 Canada’s inflation-control targets establish a specific medium-term objective for monetary policy. Content Type(s): Publications, Monetary Policy Report
May 15, 2023 Financial System Survey highlights—2023 This article presents the key results from the 2023 Bank of Canada Financial System Survey, conducted between February 21 and March 10. The survey included a special section on margining practices for non-centrally cleared derivatives. Content Type(s): Publications, Financial System Survey
October 21, 2015 Monetary Policy Report – October 2015 Canada’s economy is expected to grow by 1.1 per cent this year before accelerating to 2.0 per cent in 2016 and 2.5 per cent in 2017. Content Type(s): Publications, Monetary Policy Report