Uncategorized

• January 20, 2016

  Monetary Policy Report – January 2016

  

  Growth in Canada’s economy is expected to reach 1.4 per cent this year and accelerate to 2.4 per cent in 2017.

  Content Type(s): Publications, Monetary Policy Report

• A New Measure of the Canadian Effective Exchange Rate

  Staff Discussion Paper 2016-1 Russell Barnett, Karyne B. Charbonneau, Guillaume Poulin-Bellisle

  Canada’s international competitiveness has received increasing attention in recent years as exports have fallen short of expectations and Canada has lost market share. This paper asks whether the Bank of Canada’s current effective exchange rate measure, the CERI, is still an accurate measure of Canada’s international competitiveness.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Exchange rates, International topics JEL Code(s): F, F1, F3, F31

• The Complex Adjustment of the Canadian Economy to Lower Commodity Prices

  Staff Analytical Note 2016-1 Julien Champagne, Nikita Perevalov, Hope Pioro, Dany Brouillette, Andrew Agopsowicz

  In this analytical note, we provide a comprehensive assessment of the complex structural adjustment facing the Canadian economy following the commodity price decline since mid-2014. We quantify separately the impacts coming from the commodity sector restructuring and the broader effect of significantly lower terms of trade.

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Business fluctuations and cycles, Exchange rates, Labour markets, Potential output, Recent economic and financial developments JEL Code(s): E, E1, E17, E2, E27, E5, E52, J, J2, Q, Q0, Q00
• January 15, 2016

  Weekly Financial Statistics - 15 January 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• January 11, 2016

  Business Outlook Survey - Winter 2015-16

  Overall, responses to the winter Business Outlook Survey indicate that business sentiment has deteriorated as the negative effects of the commodity price shock continue to unfold and spread beyond the resource sector. However, exporters not directly affected by lower commodity prices continue to benefit from strong U.S. demand and the weak Canadian dollar.

  Content Type(s): Publications, Business Outlook Survey
• January 11, 2016

  Senior Loan Officer Survey - Fourth-Quarter 2015

  The survey results suggest that overall business-lending conditions tightened slightly during the fourth quarter of 2015.

  Content Type(s): Publications, Senior Loan Officer Survey
• January 8, 2016

  Weekly Financial Statistics - 8 January 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• January 8, 2016

  Governor Stephen S. Poloz appointed Chair of the BIS Consultative Council for the Americas

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank for International Settlements (BIS) has appointed , Governor of the Bank of Canada, as Chair of the BIS Consultative Council for the Americas (CCA). The appointment is for a term of two years, effective 9 January 2016. The announcement is available on the BIS website. For more information, […]

  Content Type(s): Press, Press releases
• January 7, 2016

  Life After Liftoff: Divergence and U.S. Monetary Policy Normalization

  Remarks Stephen S. Poloz The Mayor’s Breakfast Series Ottawa, Ontario

  Governor Poloz talks about the global commodity price shock and how it is leading to economic and financial divergence.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Domestic demand and components, Exchange rates, Inflation targets, Interest rates, International financial markets, Monetary policy
• January 7, 2016

  Expect policy divergence as economies adjust to shocks, Governor Poloz says

  Media Relations Ottawa, Ontario

  Diverging monetary policies are the natural consequence of large declines in resource prices and should be expected, Bank of Canada Governor Stephen S. Poloz said in a speech today at the Mayor’s Breakfast Series in Ottawa. Last month’s interest rate increase by the U.S. Federal Reserve is the first step in a long process toward […]

  Content Type(s): Press, Press releases