Publications - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T09:02:03+00:00Summary of Governing Council deliberations: Fixed announcement date of March 6, 2024
https://www.bankofcanada.ca/2024/03/summary-governing-council-deliberations-fixed-announcement-date-march-6-2024/
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on March 6, 2024.2024-03-20T13:30:16+00:00enSummary of Governing Council deliberations: Fixed announcement date of March 6, 20242024-03-20Summary of Governing Council deliberations: Fixed announcement date of January 24, 2024
https://www.bankofcanada.ca/2024/02/summary-governing-council-deliberations-fixed-announcement-date-january-24-2024/
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on January 24, 2024.2024-02-07T13:30:55+00:00enSummary of Governing Council deliberations: Fixed announcement date of January 24, 20242024-02-07Market Participants Survey—Fourth Quarter of 2023
https://www.bankofcanada.ca/2024/02/market-participants-survey-fourth-quarter-of-2023/
The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.2024-02-05T10:30:43+00:00enMarket Participants Survey—Fourth Quarter of 20232024-02-05Monetary Policy Report – January 2024
https://www.bankofcanada.ca/2024/01/mpr-2024-01-24/
Interest rates are working to moderate spending and inflation is easing gradually, though underlying pressures are proving persistent. The Bank projects that inflation will stay around 3% through the first half of 2024, returning to target in 2025.2024-01-24T09:46:17+00:00enMonetary Policy Report – January 20242024-01-24Mapping out the implications of climate transition risk for the financial system
https://www.bankofcanada.ca/2024/01/mapping-out-the-implications-of-climate-transition-risk-for-the-financial-system/
We develop a new analytical framework to understand the system-wide implications of climate transition risk. When applying this framework to Canadian data, we find that interconnections within the financial sector could amplify the direct effects of climate transition risk on financial entities.2024-01-15T15:00:53+00:00enMapping out the implications of climate transition risk for the financial system2024-01-15Flood risk and residential lending
https://www.bankofcanada.ca/2024/01/flood-risk-and-residential-lending/
We present key findings of a recent study that evaluates the credit risk that flooding poses to the residential lending activities of Canadian banks and credit unions. Results show that such risk currently appears modest but could become larger with climate change.2024-01-15T15:00:26+00:00enFlood risk and residential lending2024-01-15Business Outlook Survey—Fourth Quarter of 2023
https://www.bankofcanada.ca/2024/01/business-outlook-survey-fourth-quarter-of-2023/
Results from the Business Outlook Survey and the Business Leaders’ Pulse show that with high interest rates and soft demand, firms’ sales growth has slowed over the past 12 months. Firms are less optimistic about current business conditions than they were last quarter, but they expect their sales growth to stabilize in the coming year. With competition returning and demand remaining soft, businesses’ pricing behaviour is slowly returning to normal.2024-01-15T10:30:24+00:00enBusiness Outlook Survey—Fourth Quarter of 20232024-01-15Canadian Survey of Consumer Expectations—Fourth Quarter of 2023
https://www.bankofcanada.ca/2024/01/canadian-survey-of-consumer-expectations-fourth-quarter-of-2023/
Consumers believe inflation has fallen, but their expectations for inflation in the near term are showing little progress in returning to pre-pandemic levels. Slow progress may be due to persistently high inflation expectations for services such as rent. In addition, consumers increasingly think domestic factors, such as high government spending, are supporting high inflation, and they believe these factors will take longer to resolve than global factors. Consumers have adjusted their behaviour in response to prolonged high inflation—more people are paying attention to inflation and changing their spending habits. However, actions that may support inflation, such as seeking wage increases to offset it, are dissipating. The negative effects of high interest rates are broadening, and indicators of household financial stress are deteriorating. Consumers remain uncertain about the economic outlook, and this uncertainty is weighing on their spending plans. Workers think the labour market has weakened slightly. However, expectations for wage growth remain high, supported by cost-of-living adjustments in some workers’ wage contracts.2024-01-15T10:29:05+00:00enCanadian Survey of Consumer Expectations—Fourth Quarter of 20232024-01-15How higher interest rates affect inflation
https://www.bankofcanada.ca/2023/12/how-higher-interest-rates-affect-inflation/
When the Bank of Canada changes its policy interest rate, it affects every part of the economy – but that does not happen all at once. Learn more about how raising and lowering interest rates takes effect through the monetary policy transmission mechanism.2023-12-21T11:00:28+00:00enHow higher interest rates affect inflation2023-12-21Summary of Governing Council deliberations: Fixed announcement date of December 6, 2023
https://www.bankofcanada.ca/2023/12/summary-governing-council-deliberations-fixed-announcement-date-december-6-2023/
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on December 6, 2023.2023-12-20T13:30:07+00:00enSummary of Governing Council deliberations: Fixed announcement date of December 6, 20232023-12-20