April 26, 2016 Slowing global trade growth signals new balance point, Governor Poloz says Media Relations New York, New York The slowdown in international trade growth seen over the past few years suggests that global exports have reached a new balance point and this weakness is not a sign of impending trouble, Bank of Canada Governor Stephen S. Poloz said today. In a speech to a meeting of Canadian and US securities industry associations in […] Content Type(s): Press, Press releases
April 26, 2016 A New Balance Point: Global Trade, Productivity and Economic Growth Remarks Stephen S. Poloz Investment Industry Association of Canada and Securities Industry and Financial Markets Association New York, New York Governor Stephen S. Poloz talks about slowing international trade growth and the implications for productivity and the global economy. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Firm dynamics, International topics, Productivity, Recent economic and financial developments, Trade integration
April 25, 2016 CFIF Meeting (April 25, 2016) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
April 24, 2016 Workshop on Commodity Cycles and their Implications Workshop held on 24 and 25 April 2016 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
April 22, 2016 Weekly Financial Statistics - 22 April 2016 Content Type(s): Publications, Historical: Weekly Financial Statistics
What to Expect When China Liberalizes Its Capital Account Staff Discussion Paper 2016-10 Mark Kruger, Gurnain Pasricha When China joined the World Trade Organization in December 2001, it marked a watershed for the world economy. Ten years from now, the opening of China’s capital account and the financial integration that will unfold will be viewed as a milestone of similar importance. Content Type(s): Staff research, Staff discussion papers Topic(s): Balance of payments and components, Exchange rate regimes, International topics JEL Code(s): F, F3, F31, F32, G, G1, G18
April 22, 2016 Bank of Canada Announces Change in Communication Process for Term Repo Operations The Bank of Canada today announced changes to its communication process for term repo operations. Content Type(s): Press, Market notices
April 21, 2016 Term repos These operations, where assets are acquired temporarily through the secondary market, are conducted to manage the Bank’s balance sheet and to promote the orderly functioning of Canadian financial markets.
Should Monetary Policy Lean Against Housing Market Booms? Staff Working Paper 2016-19 Sami Alpanda, Alexander Ueberfeldt Should monetary policy lean against housing market booms? We approach this question using a small-scale, regime-switching New Keynesian model, where housing market crashes arrive with a logit probability that depends on the level of household debt. Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial stability, Housing, Monetary policy framework JEL Code(s): E, E4, E44, E5, E52, G, G0, G01
April 20, 2016 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Good morning, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be back to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. It has been 18 months since Carolyn and I were last here. And it was about that time, in the fall of 2014, when […] Content Type(s): Press, Speeches and appearances, Opening statements