Olivier Gervais - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T15:44:25+00:00The Impacts of Minimum Wage Increases on the Canadian Economy
https://www.bankofcanada.ca/2017/12/staff-analytical-note-2017-26/
This note reviews the channels through which scheduled minimum wage increases over the coming years may affect Canadian economic activity and inflation and assesses their macroeconomic impacts. From reduced-form estimates of direct minimum wage pass-through, we find that consumer price index (CPI) inflation could be boosted by about 0.1 percentage point (pp) on average in 2018.2017-12-29T09:40:59+00:00enThe Impacts of Minimum Wage Increases on the Canadian Economy2017-12-29Alternative Scenario to the October 2017 MPR Base-Case Projection: Higher Potential Growth
https://www.bankofcanada.ca/2017/10/staff-analytical-note-2017-18/
We construct an alternative scenario in which trend labour input and business investment are stronger than that expected in the Bank of Canada’s base-case projection in the October 2017 Monetary Policy Report.2017-10-25T06:02:48+00:00enAlternative Scenario to the October 2017 MPR Base-Case Projection: Higher Potential Growth2017-10-25