The Institutional and Political Determinants of Fiscal Adjustment
The author empirically assesses the effects of institutional and political factors on the need and willingness of governments to make large fiscal adjustments.
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January 30, 2006
Annual Report 2005
In 2005, the Bank of Canada celebrated its 70th anniversary. Since the Bank opened its doors in March 1935, it has evolved into a national institution at the heart of Canada’s economy. We had a lot to celebrate in 2005—particularly our progress over the past 70 yearsand our continuing contribution to the economic and financial well-being of Canadians. -
January 26, 2006
Release of the Monetary Policy Report Update
The Canadian and world economies are evolving essentially in line with the Bank's expectations, and the outlook for growth and inflation in Canada is similar to that in the October MPR. Canada's economy continues to adjust to global developments and to the associated changes in relative prices. -
January 26, 2006
Monetary Policy Report Update – January 2006
The Canadian and global economies are evolving essentially in line with the Bank’s expectations. -
January 24, 2006
Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/2 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/2 per cent. -
January 16, 2006
Business Outlook Survey - Winter 2005-06
The results of this survey are broadly similar to those of the autumn survey, with firms in aggregate remaining optimistic about the economic outlook. -
January 12, 2006
Canada's Monetary Policy Framework: Dealing with Global Economic Change
The constant economic change that we've been experiencing makes it critical for the central bank to stand on a firm foundation as it works to enhance the country's economic strength. The Bank of Canada's monetary policy framework is such a foundation. -
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