January 18, 2012 Monetary Policy Report – January 2012 The Canadian economy is estimated to have grown by 2.4 per cent in 2011, and is projected to grow by 2.0 per cent in 2012, and 2.8 per cent in 2013, returning to full capacity by the third quarter of 2013. Total CPI inflation is expected to return to the 2 per cent target by the 3rd quarter of 2013. Content Type(s): Publications, Monetary Policy Report
January 18, 2012 Release of the Monetary Policy Report Opening statement Mark Carney Ottawa, Ontario Press conference following the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements
January 17, 2012 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Content Type(s): Press, Press releases
January 13, 2012 Weekly Financial Statistics - 13 January 2012 Content Type(s): Publications, Historical: Weekly Financial Statistics
January 9, 2012 Business Outlook Survey - Winter 2011-12 Responses to the winter survey suggest that the global economic outlook and concerns about demand continue to weigh on firms’ expectations for business activity. Content Type(s): Publications, Business Outlook Survey
January 9, 2012 Senior Loan Officer Survey - Fourth-Quarter 2011 The survey results indicate almost no change in overall business-lending conditions during the fourth quarter of 2011. This follows several consecutive quarters of easing credit conditions for business borrowers. Content Type(s): Publications, Senior Loan Officer Survey
January 6, 2012 Weekly Financial Statistics - 6 January 2012 Content Type(s): Publications, Historical: Weekly Financial Statistics
December 31, 2011 Summary of Government of Canada - Outstanding as at 31 December 2011 Content Type(s): Publications, Historical: Securities and loans
A Model of the EFA Liabilities Staff Discussion Paper 2011-11 Francisco Rivadeneyra, Oumar Dissou The authors describe the liabilities model of the Exchange Fund Account (EFA). The EFA is managed using an asset-liability matching framework that requires currency and duration matching of both sides of the balance sheet. Content Type(s): Staff research, Staff discussion papers Topic(s): Debt management, Foreign reserves management JEL Code(s): G, G1, G12, G3, G32
Bank Leverage Regulation and Macroeconomic Dynamics Staff Working Paper 2011-32 Ian Christensen, Césaire Meh, Kevin Moran This paper assesses the merits of countercyclical bank balance sheet regulation for the stabilization of financial and economic cycles and examines its interaction with monetary policy. Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial institutions, Financial system regulation and policies, Monetary policy framework, Monetary policy transmission JEL Code(s): E, E4, E44, E5, E52, G, G2, G21