July 20, 2011 Monetary Policy Report – July 2011 The Canadian economy is projected to expand by 2.8 per cent in 2011, 2.6 per cent in 2012, and 2.1 per cent in 2013, returning to capacity in the middle of 2012. Total CPI inflation is expected to return to the 2 per cent target by the middle of 2012. Content Type(s): Publications, Monetary Policy Report
July 19, 2011 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
July 12, 2011 Business Outlook Survey - References Access reference material to accompany the Business Outlook Survey (BOS).
July 11, 2011 Senior Loan Officer Survey - Second-Quarter 2011 The survey results point to an overall net easing in business-lending conditions. The balance of opinion regarding both price and non-price lending conditions showed the greatest degree of consensus on easing since the survey began in 1999. Content Type(s): Publications, Senior Loan Officer Survey
July 11, 2011 Business Outlook Survey - Summer 2011 Businesses remain positive about the outlook for the next 12 months, despite more modest expectations for U.S. economic growth. Indicators of future sales and investment are moderately higher, and intentions to hire have become more widespread. Content Type(s): Publications, Business Outlook Survey
The Role of Financial Speculation in Driving the Price of Crude Oil Staff Discussion Paper 2011-6 Ron Alquist, Olivier Gervais Over the past 10 years, financial firms have increased the size of their positions in the oil futures market. At the same time, oil prices have increased dramatically. Content Type(s): Staff research, Staff discussion papers Topic(s): International topics JEL Code(s): G, G1, G12, Q, Q4, Q41
June 29, 2011 Bank of Canada Announces Extension of Expanded Swap Facility with U.S. Federal Reserve in coordination with other central banks The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank today announced an extension of the existing temporary U.S. dollar liquidity swap arrangements through 1 August 2012. Content Type(s): Press, Market notices