Recent economic and financial developments

• May 19, 2015

  The Way Home: Reading the Economic Signs

  Remarks Stephen S. Poloz Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island

  Governor Poloz discusses some key indicators the Bank is watching as the Canadian economy heads toward sustainable balanced growth.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Firm dynamics, Inflation and prices, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments
• May 14, 2015

  The Slowdown in Global Trade

  Bank of Canada Review - Spring 2015 Michael Francis, Louis Morel

  Global trade growth has been weak during the period following the 2007–09 financial crisis. This is an important development for Canada, given the Canadian economy's high degree of openness to trade. This article investigates some of the factors behind the slowdown in global trade and finds that the weakness of global demand and its changing composition, increased protectionism and diminishing incentives to expand trade have all played a role. Some of these factors are likely to have only a temporary effect on trade growth, but others could be more long-lasting.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): International topics, Recent economic and financial developments JEL Code(s): F, F1, F4, F6