Posts

• March 31, 2021

  Bank of Canada Media Interview – The Canadian Press

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to The Canadian Press. It will be available online. For more information: https://www.thecanadianpress.com/.

  Content Type(s): Press, Media advisories
• March 31, 2021

  Bank of Canada Media Interview – Financial Post

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to the Financial Post. It will be available online and in the newspaper. For more information: https://financialpost.com/.

  Content Type(s): Press, Media advisories
• March 31, 2021

  Bank of Canada releases results from consultations on inflation and monetary policy

  Media Relations Ottawa, Ontario

  Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank does. Here’s what they told us.

  Content Type(s): Press, Press releases
• March 31, 2021

  Research Update - March 2021

  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
• March 29, 2021

  CARR Meeting (March 29, 2021)

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

• Labor Demand Response to Labor Supply Incentives: Lessons from the German Mini-Job Reform

  Staff Working Paper 2021-15 Gabriela Galassi

  How do firms change their employment decisions when tax benefits for low-earning workers are expanded? Some firms increase employment overall, whereas others replace high-earning workers with low-earning workers, according to German linked employer-employee data.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Firm dynamics, Labour markets JEL Code(s): E, E2, E24, E6, E64, H, H2, H20, H24, H3, H32, I, I3, I38, J, J2, J23, J3, J38

• What cured the TSX Equity index after COVID-19?

  Staff Analytical Note 2021-3 Guillaume Ouellet Leblanc, Jean-Sébastien Fontaine, Ryan Shotlander

  The TSX index rose by 9.5 percent in November 2020, adding large gains to an already sharp V-shaped recovery. The economic outlook improved at that time as well. We ask whether the stock market gains since last autumn are due to improving forecasts of firms’ earnings.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Asset pricing, Coronavirus disease (COVID-19), Financial markets JEL Code(s): G, G1, G12, G14
• March 23, 2021

  Bank of Canada Media Interview – Reuters

  Toni Gravelle, Deputy Governor of the Bank of Canada, gave an interview to Reuters. It will be available online. For more information: https://ca.reuters.com/.

  Content Type(s): Press, Media advisories
• March 23, 2021

  Bank of Canada announces the discontinuation of market functioning programs introduced during COVID-19

  As overall financial market conditions continue to improve in Canada, use of the Bank of Canada’s programs that were introduced in 2020 in response to the shock from COVID-19 to support the functioning of key Canadian financial markets, has declined significantly.

  Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility, Commercial Paper Purchase Program, Contingent Term Repo Facility, Corporate Bond Purchase Program, Provincial Bond Purchase Program, Provincial Money Market Purchase Program, Term Repo Operations
• March 23, 2021

  Supporting markets in tough times

  Speech summary Toni Gravelle CFA Society Toronto Toronto, Ontario

  Deputy Governor Toni Gravelle talks about actions the Bank of Canada took to make sure financial markets could work smoothly during the COVID-19 pandemic. He also discusses the Bank’s plans to discontinue some programs.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Financial institutions, Financial markets, Financial system regulation and policies, Lender of last resort, Monetary policy