Publications

• April 27, 2006

  Monetary Policy Report – April 2006

  

  The Canadian economy continues to grow at a solid pace, consistent with the Bank’s outlook in the January Monetary Policy Report Update.

  Content Type(s): Publications, Monetary Policy Report
• April 17, 2006

  Business Outlook Survey - Spring 2006

  Businesses are positive about the economic outlook. Hiring and investment intentions are strong, while future sales are expected to increase at about the same pace as in the past 12 months.

  Supplemental questions on the appreciation of the Canadian dollar - Spring 2006

  Content Type(s): Publications, Business Outlook Survey
• April 16, 2006

  Bank of Canada Review - Spring 2006

  

  Cover page

  Depression Scrip

  The examples of Depression scrip illustrated here are part of the National Currency Collection of the Bank of Canada.

  Content Type(s): Publications, Bank of Canada Review
• April 15, 2006

  Issues in Inflation Targeting: A Summary of the Bank of Canada Conference Held 28-29 April 2005

  Bank of Canada Review - Spring 2006 Robert Amano, Raphael Solomon

  The Bank of Canada's 2005 conference focused on two critical issues: price-level targets versus inflation targets, and the appropriate level of inflation. Session topics included new methodological approaches to examining the validity of the New Keynesian Phillips curve for Canada; the monetary policy implications of border effects and the financial-accelerator model; the zero lower bound on nominal interest rates; and inflation and welfare in general-equilibrium macroeconomic models. A panel of invited speakers discussed the issues of each session, and two distinguished speakers gave their perspectives on inflation.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Inflation and prices, Inflation targets, Monetary policy framework
• April 14, 2006

  Trends in Retail Payments and Insights from Public Survey Results

  Bank of Canada Review - Spring 2006 Varya Taylor

  While the volume and value of bank notes have continued to increase, the use of cash as a payment method has been affected by the growing use of electronic alternatives. Taylor reports on a 2004 Bank of Canada survey of consumers' payment habits and their perceptions of cash and its alternatives, including their confidence in the security of bank notes. Analysis of the survey results shows that numerous factors affect the demand for bank notes, including income, age, education, gender, the use of debit and credit cards, and the perceived convenience of cash. Taylor also includes a report on the construction of a bank note confidence index that will serve as a benchmark for future surveys.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Bank notes
• April 12, 2006

  The Evolution of the Government of Canada's Debt Distribution Framework

  Bank of Canada Review - Spring 2006 Marc Pellerin

  This overview includes a brief history highlighting the government's use of the primary and secondary markets to develop a framework for distributing its debt securities to financial market intermediaries and end investors. The framework is also intended to meet the government's debt-strategy objectives of raising stable, low-cost funding and maintaining a well-functioning debt market. Pellerin reviews the government's adoption of a new framework in 1998 as well as the 2005 modifications aimed at attracting continued broad and competitive participation in government auctions.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Debt management, Financial markets