Posts

• March 31, 2019

  Research Update - March 2019

  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.

  Content Type(s): Staff research, Research newsletters

• The Trend Unemployment Rate in Canada: Searching for the Unobservable

  Staff Working Paper 2019-13 Dany Brouillette, Marie-Noëlle Robitaille, Laurence Savoie-Chabot, Pierre St-Amant, Bassirou Gueye, Elise Nelson

  In this paper, we assess several methods that have been used to measure the Canadian trend unemployment rate (TUR). We also consider improvements and extensions to some existing methods.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Economic models, Inflation and prices, Labour markets JEL Code(s): C, C5, C52, C53, E, E2, E24, E27

• Local Labor Markets in Canada and the United States

  Staff Working Paper 2019-12 David Albouy, Alex Chernoff, Chandler Lutz, Casey Warman

  We examine local labor markets in the United States and Canada from 1990 to 2011 using comparable household and business data. Wage levels and inequality rise with city population in both countries, albeit less in Canada.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Labour markets JEL Code(s): J, J2, J21, J3, J31, J6, J61, N, N3, N32, R, R1, R12
• March 27, 2019

  Release of the 2018 Bank of Canada FMI Oversight Activities Annual Report

  The Bank of Canada today published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2018 Annual Report (the Report) on its oversight of payment clearing and settlement systems, which are also known as financial market infrastructures (FMIs).

  Content Type(s): Press, Market notices
• March 27, 2019

  Bank of Canada joins Central Banks’ and Supervisors’ Network for Greening the Financial System

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it has joined the Central Banks’ and Supervisors’ Network for Greening the Financial System (NGFS).

  Content Type(s): Press, Press releases Research Topic(s): Climate change
• March 25, 2019

  CARR Meeting (March 25, 2019)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group

• Non-Bank Financial Intermediation in Canada: An Update

  Staff Discussion Paper 2019-2 Guillaume Bédard-Pagé

  Non-bank financing provides an important funding source for the economy and is a valuable alternative to traditional banking. It helps enhance the efficiency and resiliency of the financial system while giving customers more choices for their financial services. Unlike banking, it is not prudentially regulated.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Financial institutions, Financial markets, Financial stability JEL Code(s): G, G0, G01, G2, G20, G23
• March 19, 2019

  Summary of Comments – 2019-20 Debt Management Strategy Consultations

  Today, the 2019-20 Debt Management Strategy Consultations Summary is being published in conjunction with the release of the Government of Canada’s Debt Management Strategy for 2019-20.

  Content Type(s): Press, Market notices
• March 18, 2019

  Fellowship Program

  Learn about the 2019 recipients of the Fellowship and Governor’s Awards.

  Content Type(s): Press, Announcements Source(s): Fellowship Program

• Non-Resident Taxes and the Role of House Price Expectations

  Staff Analytical Note 2019-8 Mikael Khan, Matthieu Verstraete

  In recent years, the governments of Ontario and British Columbia have imposed taxes on purchases by non-Canadian residents of residential properties in certain jurisdictions.

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Financial stability, Housing JEL Code(s): D, D8, D84, R, R2, R21