January 8, 2018 Senior Loan Officer Survey - Fourth Quarter of 2017 Survey results suggest that overall business-lending conditions eased slightly in the fourth quarter. This marks the first time that lending conditions have eased since the oil price shock of 2014. Content Type(s): Publications, Senior Loan Officer Survey
Merchant Acceptance of Cash and Credit Cards at the Point of Sale Staff Analytical Note 2018-1 Ben Fung, Kim Huynh, Kerry Nield, Angelika Welte Recent data show that the use of credit cards in Canada has been increasing, while the use of cash has been declining. At the same time, only two-thirds of small or medium-sized businesses accept credit cards. Content Type(s): Staff research, Staff analytical notes Topic(s): Bank notes, Digital currencies and fintech, Econometric and statistical methods, Financial services JEL Code(s): C, C2, D, D1, E, E4, E41
Capital-Goods Imports and US Growth Staff Working Paper 2018-1 Michele Cavallo, Anthony Landry Capital-goods imports have become an increasing source of growth for the U.S. economy. To understand this phenomenon, we build a neoclassical growth model with international trade in capital goods in which agents face exogenous paths of total factor and investment-specific productivity measures. Content Type(s): Staff research, Staff working papers Topic(s): Productivity, Trade integration JEL Code(s): E, E2, F, F2, F4, O, O3, O4
December 31, 2017 Summary of Government of Canada - Outstanding as at 31 December 2017 Content Type(s): Publications, Historical: Securities and loans
December 31, 2017 Research Update - December 2017 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
The Impacts of Minimum Wage Increases on the Canadian Economy Staff Analytical Note 2017-26 Dany Brouillette, Daniel Gao, Olivier Gervais, Calista Cheung This note reviews the channels through which scheduled minimum wage increases over the coming years may affect Canadian economic activity and inflation and assesses their macroeconomic impacts. From reduced-form estimates of direct minimum wage pass-through, we find that consumer price index (CPI) inflation could be boosted by about 0.1 percentage point (pp) on average in 2018. Content Type(s): Staff research, Staff analytical notes Topic(s): Labour markets, Recent economic and financial developments JEL Code(s): E, E2, E24, J, J2, J21, J22, J23
December 28, 2017 Banking and Financial Statistics - December 2017 Content Type(s): Publications, Historical: Banking and Financial Statistics