Posts

• October 8, 2026

  CORRA Advisory Group Meeting (October 8, 2026)

  Content Type(s): Meetings Source(s): CORRA Advisory Group

• BoC–BoE Sovereign Default Database: What’s new in 2026?

  Staff analytical paper 2026-48 David Beers, Obiageri Ndukwe, Joe Berry

  The BoC–BoE database of sovereign debt defaults, published and updated annually by the Bank of Canada and the Bank of England, provides comprehensive estimates of stocks of government obligations in default.

  Content Type(s): Staff research, Staff analytical paper JEL Code(s): F, F3, F34, G, G1, G10, G14, G15 Research Theme(s): Financial markets and funds management, Funds management, International markets and currencies, Financial system, Financial stability and systemic risk
• October 2, 2026

  Breaking down the costs of building new housing

  To make housing more affordable, Canada needs to build more homes. Monetary policy plays an indirect role in increasing housing supply, but it is only one piece of a much larger puzzle.

  Content Type(s): Explainers Subject(s): Monetary policy, Economy/Economic growth

• How Do Import Tariffs Affect Aggregate Prices? Theory and Evidence from Canada

  Staff working paper 2026-36 Christian Bustamante, Xing Guo, Lu Han, Soyoung Lee, Gaelan MacKenzie, Mariel Yacolca Maguiña, Jacob Short

  Using Canadian firm-level market shares and an oligopolistic model, the paper shows that a 25% counter-tariff on U.S. imports raises Canada's aggregate price index by 0.66%, far below direct cost pass-through predictions due to consumer substitution and markup adjustments.

  Content Type(s): Staff research, Staff working papers JEL Code(s): E, E3, E31, F, F1, F13, F14, L, L1, L11, L16 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Structural challenges, International trade, finance and competitiveness

• The Production Network Amplification of Retaliatory Tariffs

  Staff working paper 2026-35 Christian Bustamante, Xing Guo, Lu Han, Soyoung Lee, Gaelan MacKenzie, Mariel Yacolca Maguiña, Jacob Short

  We develop a framework to quantify how tariff changes on imported goods affect sectoral and aggregate consumption prices through direct and production-network channels. Using Canada's input-output matrix and administrative firm-good import data for the universe of Canadian firms, we estimate price elasticities for tariffs on U.S.-imported goods.

  Content Type(s): Staff research, Staff working papers JEL Code(s): D, D5, D57, E, E3, E31, F, F1, F13, F14 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Structural challenges, International trade, finance and competitiveness
• October 1, 2026

  Bank of Canada Media Interview – The Missing Middle podcast

  Bank of Canada Senior Deputy Governor Carolyn Rogers gave an interview to The Missing Middle podcast.

  Content Type(s): Press, Media advisories
• October 1, 2026

  Speech by Carolyn Rogers, Senior Deputy Governor of the Bank of Canada

  On Thursday, October 1, 2026, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, will speak before the Greater Victoria Chamber of Commerce and CFA Society Victoria.

  Content Type(s): Press, Media advisories
• October 1, 2026

  Canada’s housing affordability dilemma

  Remarks Carolyn Rogers Greater Victoria Chamber of Commerce and CFA Society Victoria Victoria, British Columbia

  Senior Deputy Governor Carolyn Rogers discusses housing affordability, focusing on how it became such a challenge over time and why there are no easy solutions.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
• October 1, 2026

  The complexity of housing affordability

  Speech summary Carolyn Rogers Greater Victoria Chamber of Commerce and CFA Society Victoria Victoria, British Columbia

  Senior Deputy Governor Carolyn Rogers talks about housing affordability and why it is so difficult to fix, explaining that housing has become about more than just a place to live.

  Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework

• Prima: The Bank of Canada’s New Projection and Policy-Analysis Model—An Overview

  Staff analytical paper 2026-47 Donald Coletti, Martin Kuncl, Martin Harding, Dmitry Matveev, Tolga Özden, Yang Zhang

  Prima is the Bank of Canada’s new model for projection and policy analysis. It builds on the economic foundations of earlier Bank models, adding detail on how sectoral pressures affect production costs and their pass-through to consumer prices.

  Content Type(s): Staff research, Staff analytical paper JEL Code(s): C, C4, C43, C8, C82, E, E3, E30, E31, E37 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Inflation dynamics and pressures, Real economy and forecasting