Imagine yourself playing a central role in the economic well-being of all Canadians. Imagine yourself at the Bank of Canada.
Banks and federally chartered trust and loan companies are required to transfer to the Bank of Canada all unclaimed bank balances maintained in Canada in Canadian currency that have been inactive for a period of 10 years.
Real GDP growth is projected to average around 2 1/2 per cent over the next year before slowing to around 2 per cent in 2016.
Our currency has come a long way. And it’s going even further. The new polymer notes look and feel quite different, but they’re a good change for Canadians. They are highly secure, durable and innovative.
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In this issue, Bank staff discuss recent developments in experimental macroeconomics, research results on price-level and unemployment thresholds in forward guidance, and the spillover effects of quantitative easing in advance economies. Articles also explore the competitiveness strategies of Canadian firms as well as their use of financial derivatives.
Understanding and monitoring e-money products is an important part of the Bank of Canada’s research agenda.
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Features the latest research publications by Bank of Canada economists externally and on this website.
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The legacy of the financial crisis, what we know and what we don’t – Stephen S. Poloz, the Governor of the Bank of Canada, speaks before the Canadian Council for Public-Private Partnerships (CCPPP) (12:50 (ET) approx.)
Bank of Canada exchange rates are nominal quotations — not buying or selling rates — and are intended for statistical or analytical purposes.
The Bank carefully monitors changes in credit conditions, the money supply, financial system liquidity, as well as in other credit-market indicators.
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