Careers

Vision: where we are going

The International Economic Analysis Department is dedicated to providing high-quality, policy-relevant research and economic analyses that are widely recognized.

To this end, we intend to devote more resources in the medium term to:

• improving our modelling of foreign economies important to Canada
• expanding our expertise in commodity prices, and
• improving our understanding of international linkages, both financial and real.

Role

The International Economic Analysis Department has three main responsibilities. First, it produces timely analysis of current and prospective economic developments in foreign countries. Second, it provides analysis and policy advice on global economic issues, including those addressed by international organizations such as the International Monetary Fund. Third, it undertakes studies on topics related to the global economy, including exchange rates and commodity prices.

We are fully engaged in fulfilling the Bank's commitments to excellence and to each other.

We strive for excellence through strong analysis and research. We are committed to a superior work environment in which we communicate clearly and openly, share our knowledge and experience, develop talents and recognize achievements, and respect one another.

Organization

United States-Mexico Division monitors, analyzes and produces research on economic, financial, and policy developments in the United States and Mexico. Projection and policy analysis models of these countries are developed and used as required.

Asia-Europe Division monitors, analyzes, and produces research on economic, financial, and policy developments in the Asian and European countries. Projection and policy analysis models of these countries are developed and used as required.

The Modelling Group is responsible for the maintenance and ongoing development of a global economic model and for the coordination of its use in the department for simulating the impact of global shocks. The Group also serves as a consultant on modelling and works closely with other divisions in the department to develop regional and country-based projection models and other forecasting tools. In particular, the Group coordinates the maintenance and development of the model of the US economy (i.e., MUSE).

The role of the Global Issues Division is to analyse and research global economic issues of relevance to the Canadian monetary policy with a particular emphasis on commodities, monetary policy regimes, inflation and capital flows, international financial architecture, and IMF issues, and to support the Bank's participation in international fora.

International Studies carries out in-depth research in the areas of international macroeconomics of relevance to Canada. It also keeps abreast of major theoretical and empirical advances in these fields and informs management of the implications of these developments for Canadian monetary policy. The division also seeks to publish its research in leading journals and maintains an active relationship with the academic community through conference participation, collaborative work, and a seminar series for external speakers.