Canada faces opportunities and risks as China undergoes a complex transition to a more sustainable pace of economic growth, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today. China has grown remarkably since undertaking market reforms in the 1980s and joining the World Trade Organization in 2001. Its transformation has been felt around the […]
Given its size and importance for global commodity markets, the question of how fast the Chinese economy can grow over the medium term is an important one. This paper addresses this question by examining the evolution of the supply side of the Chinese economy over history and projecting how it will evolve over the next 15 years.
The Governor of the Bank of Canada, Stephen S. Poloz, and Senior Deputy Governor Carolyn Wilkins today announced the members of an independent Advisory Council, who will develop a short list of iconic Canadian women who could be featured on the first bank note of the next series.
Business sentiment in the spring Business Outlook Survey improved but remains subdued overall. The positive impetus coming from sustained foreign demand continues to be largely offset by the persistent drag and spillovers from the oil price shock.
As part of a periodic exercise to review and update current definitions, the Overnight Money Market Financing Rate (OMMFR) has been updated to provide more clarity on the calculation of this metric, specifically the types of collateral and transactions that are included.