July 13, 2016
Monetary Policy Report – July 2016
Canadian economic growth is projected to accelerate from 1.3 per cent this year to 2.2 per cent in 2017.
Posts
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July 4, 2016
Business Outlook Survey - Summer 2016
The summer Business Outlook Survey indicates that overall business sentiment is subdued. The boost from foreign demand remains insufficient to outweigh the continued drag from commodity-related activity combined with modest domestic demand. -
July 4, 2016
Senior Loan Officer Survey - Second-Quarter 2016
Survey results suggest that overall business-lending conditions continued to tighten during the second quarter of 2016 for both price and non-price conditions. -
June 30, 2016
Research Update - June 2016
This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. -
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Financial Crisis Interventions
This paper develops a model of an economy where bank credit supports both productive investment and individual consumption smoothing in the face of idiosyncratic income risk. Bank credit is constrained by bank equity capital. -
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The Real-Time Properties of the Bank of Canada’s Staff Output Gap Estimates
We study the revision properties of the Bank of Canada’s staff output gap estimates since the mid-1980s. Our results suggest that the average staff output gap revision has decreased significantly over the past 15 years, in line with recent evidence for the U.S.