January 16, 2007 Monetary Policy Report Update – January 2007 The global economy has continued to expand robustly. However, U.S. economic growth slowed in 2006, with the weakness concentrated in the automotive and housing sectors. Content Type(s): Publications, Monetary Policy Report
January 8, 2007 Business Outlook Survey - Winter 2006-07 On balance, businesses expect their sales over the next 12 months to increase at a rate slightly above that posted during the preceding 12 months. Hiring and investment intentions have not changed significantly since the last survey. Content Type(s): Publications, Business Outlook Survey
December 31, 2006 Summary of Government of Canada - Outstanding as at 31 December 2006 Content Type(s): Publications, Historical: Securities and loans
December 23, 2006 Global Savings, Investment, and World Real Interest Rates Bank of Canada Review - Winter 2006-2007 Brigitte Desroches, Michael Francis Over the past 25 years, world long-term interest rates have declined to levels not seen since the 1960s. This decline has been accompanied by falling world investment and savings rates. The authors explore global saving and investment outcomes that have led to the fall in the world real interest rate. The results show that the key factors explaining movements in savings and investment are variables that evolve relatively slowly over time, such as labour force growth and the age structure of the world economy. The conclusions suggest that, over the coming years, it is unlikely that these slowly changing variables will be a source of significant changes in world real interest rates. Content Type(s): Publications, Bank of Canada Review articles Topic(s): Interest rates, International topics
December 21, 2006 The “Maple Bond” Market Financial System Review - December 2006 James Hately Content Type(s): Publications, Financial System Review articles
December 21, 2006 Are Canadian Banks Efficient? A Canada-U.S. Comparison Financial System Review - December 2006 Jason Allen, Walter Engert, Ying Liu Content Type(s): Publications, Financial System Review articles
December 21, 2006 Credit in a Tiered Payments System Financial System Review - December 2006 Alexandra Lai, Nikil Chande, Sean O'Connor Content Type(s): Publications, Financial System Review articles
December 21, 2006 Using No-Arbitrage Models to Predict Exchange Rates Financial System Review - December 2006 Antonio Diez de los Rios Content Type(s): Publications, Financial System Review articles
December 21, 2006 Financial System Review - December 2006 The financial system makes an important contribution to the welfare of all Canadians. The ability of households and firms to confidently hold and transfer financial assets is one of the fundamental building blocks of the Canadian economy. Content Type(s): Publications, Financial Stability Report
December 20, 2006 Why Monetary Policy Matters: A Canadian Perspective Bank of Canada Review - Winter 2006-2007 Christopher Ragan This article provides answers to several key questions about Canadian monetary policy. First, what is monetary policy? Second, why does the Bank of Canada focus on the control of inflation rather than other macroeconomic variables? Third, how do the Bank's actions influence the rate of inflation? And, finally, how can monetary policy deliver genuine and significant benefits to society? Content Type(s): Publications, Bank of Canada Review articles Topic(s): Business fluctuations and cycles, Inflation: costs and benefits, Monetary policy framework