April 4, 2011 Business Outlook Survey - Spring 2011 Businesses remain positive about the economic outlook, although some forward-looking indicators have eased from the levels recorded in recent surveys, and the strength in commodity prices has raised expectations for costs and inflation. Erratum: Please note that the legend for Chart 9 (French version only) should read as follows: au-dessus de 3 % , rather than au-dessous de 3 % Content Type(s): Publications, Business Outlook Survey
Sovereign Default Risk Premia, Fiscal Limits and Fiscal Policy Staff Working Paper 2011-10 Huixin Bi We develop a closed economy model to study the interactions among sovereign risk premia, fiscal limits, and fiscal policy. The stochastic fiscal limits, which measure the ability and willingness of the government to service its debt, arise endogenously from a dynamic Laffer curve. Content Type(s): Staff research, Staff working papers Topic(s): Fiscal policy, International topics JEL Code(s): E, E6, E62, H, H3, H30, H6, H60
March 30, 2011 Bank of Canada Announces Recipients of 2011 Fellowship and Governor’s Awards Media Relations Ottawa, Ontario The Bank of Canada today announced that Professors Randall K. Morck of the University of Alberta and Gregor W. Smith of Queen’s University are the recipients of the Bank’s Fellowship Award for 2011. Content Type(s): Press, Press releases Source(s): Fellowship Program
March 28, 2011 The “Great” Recession in Canada: Perception vs. Reality Remarks Jean Boivin Montréal CFA Society Montréal, Quebec Barely three years ago, the financial crisis was a source of major concern worldwide. This unprecedented event had serious and costly repercussions, which we continue to feel today. Content Type(s): Press, Speeches and appearances, Remarks
March 26, 2011 Bank of Canada Governor Mark Carney discusses Challenges Posed by Globalization, Proposes Global Code of Conduct for Capital Flows Media Relations Calgary, Alberta Speaking at the Annual Meeting of the Inter-American Development Bank, Bank of Canada Governor Mark Carney called on global policymakers to work towards renewing the “rules of the game” of the international monetary system, while implementing short-term measures, such as a code of conduct for capital flows, to improve the functioning of the current system. Content Type(s): Press, Press releases
March 26, 2011 The Paradigm Shifts: Global Imbalances, Policy, and Latin America Remarks Mark Carney Inter-American Development Bank Calgary, Alberta Globalization is the opportunity and the challenge of our age. It has the potential to lift billions out of poverty, vastly expand economic prospects, and develop a more diverse and resilient global economy. Content Type(s): Press, Speeches and appearances, Remarks
March 24, 2011 Bank notes: Resources for media This section features reference materials, survey results and more to help journalists research and report on Canada’s bank notes.
March 22, 2011 Summary of Comments - 2011-12 Debt Management Strategy Consultations The Summary of Comments - 2011-12 Debt Management Strategy Consultations is being published on the Bank of Canada's website in conjunction with the release of the government's Debt Management Strategy for 2011-12 on the Department of Finance's website. Content Type(s): Press, Market notices