July 24, 2002 Bank of Canada Releases Monetary Policy Report Update Media Relations The Bank of Canada today released its Update to the April Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
July 24, 2002 Monetary Policy Report Update – July 2002 t the time of the April Monetary Policy Report, it was evident that a robust economic recovery was underway in Canada. Content Type(s): Publications, Monetary Policy Report
July 16, 2002 Bank of Canada raises overnight rate target by 1/4 percentage point to 2 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 3/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 3 per cent. Content Type(s): Press, Press releases
Estimates of the Sticky-Information Phillips Curve for the United States, Canada, and the United Kingdom Staff Working Paper 2002-19 Hashmat Khan, Zhenhua Zhu Mankiw and Reis (2001a) have proposed a "sticky-information"-based Phillips curve (SIPC) to address some of the concerns with the "sticky-price"-based new Keynesian Phillips curve. Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Inflation and prices JEL Code(s): E, E3, E31
Estimated DGE Models and Forecasting Accuracy: A Preliminary Investigation with Canadian Data Staff Working Paper 2002-18 Kevin Moran, Veronika Dolar This paper applies the hybrid dynamic general-equilibrium, vector autoregressive (DGE-VAR) model developed by Ireland (1999) to Canadian time series. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models JEL Code(s): E, E3, E32, E37
June 12, 2002 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario The Bank of Canada today announced the appointment of Andrew Spence to the visiting economist position of Special Adviser for a one-year term. Mr. Spence will be taking leave from his current position as Global Head, Currency and Credit Markets Research with TD Securities, as of September 2002. Content Type(s): Press, Press releases
June 11, 2002 Trust, Transparency, and Financial Markets Remarks David Dodge Greater Halifax Partnership Halifax, Nova Scotia But first, I would like to address an important subject; that is, how to promote the efficient operation of Canada's financial markets. Rather than approaching this topic in a detailed, technical way, I want to speak about two qualities that are essential to their efficient operation: trust and transparency. Content Type(s): Press, Speeches and appearances, Remarks
June 11, 2002 Bank of Canada Governor says trust and transparency crucial for financial markets Media Relations Halifax, Nova Scotia Canadian financial markets need trust and transparency to operate most efficiently, Bank of Canada Governor David Dodge said today in a speech to the Greater Halifax Partnership. Mr. Dodge said that the Bank of Canada's reliance on trust and transparency shows why these qualities are also important to the private sector. Content Type(s): Press, Press releases
June 10, 2002 Summer Consultations - Market Views Sought on Issues Relating to the Design and Operation of Government Debt Programs over 2002/03 and Beyond A consultation document on issues relating to the design and operation of the government debt programs for fiscal year 2002/03 and beyond, prepared jointly by the Department of Finance and the Bank of Canada as its fiscal agent, is being made public today. Content Type(s): Press, Market notices
June 10, 2002 Summer Consultations Overview The purpose of these consultations is to obtain market views on issues relating to the design and operation of government debt programs for fiscal 2002/03 and beyond. The fundamental objectives of the federal debt strategy are to provide stable, low-cost funding for the federal government and to maintain and enhance a well-functioning market for […]