Publications

• April 13, 2011

  Monetary Policy Report – April 2011

  

  This is a report of the Governing Council of the Bank of Canada: Mark Carney, Tiff Macklem, John Murray, Timothy Lane, Jean Boivin and Agathe Côté. It presents the Bank’s outlook based on data received up to 8 April 2011.

  Content Type(s): Publications, Monetary Policy Report
• April 4, 2011

  Senior Loan Officer Survey - First-Quarter 2011

  The survey results point to an overall net easing in business-lending conditions. Both the price and non-price aspects of business lending eased during the first quarter. Note that the balance of opinion indicates only the direction of the change in lending conditions; it does not provide information on the magnitude of the change.

  Content Type(s): Publications, Senior Loan Officer Survey
• April 4, 2011

  Business Outlook Survey - Spring 2011

  Businesses remain positive about the economic outlook, although some forward-looking indicators have eased from the levels recorded in recent surveys, and the strength in commodity prices has raised expectations for costs and inflation.

  Erratum: Please note that the legend for Chart 9 (French version only) should read as follows: au-dessus de 3 % , rather than au-dessous de 3 %

  Content Type(s): Publications, Business Outlook Survey
• February 17, 2011

  Bank of Canada Review - Winter 2010-2011

  

  This issue features a summary of the Bank’s annual conference, which this year dealt with financial globalization, and three articles that present research by Bank staff on Canada’s mortgage market, the role of adverse selection in financial crises, and payment networks.

  Content Type(s): Publications, Bank of Canada Review
• February 17, 2011

  Competition in the Canadian Mortgage Market

  Bank of Canada Review - Winter 2010-2011 Jason Allen

  This article begins with a brief examination of the Canadian mortgage market, focusing on the market’s evolution following changes to the Bank Act in 1992, which allowed chartered banks to enter the trust business, and the subsequent entrance of virtual banks and mortgage brokers.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Interest rates, Market structure and pricing, Monetary policy transmission
• February 17, 2011

  Adverse Selection and Financial Crises

  Bank of Canada Review - Winter 2010-2011 Koralai Kirabaeva

  The recent financial crisis has highlighted the importance of adverse selection as a contributing factor to financial market instability.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Financial stability, Financial system regulation and policies, Market structure and pricing
• February 17, 2011

  Payment Networks: A Review of Recent Research

  Bank of Canada Review - Winter 2010-2011 James Chapman, Lana Embree, Tom Roberts, Nellie Zhang

  In this article, the authors review work done at the Bank of Canada and at other central banks with the relatively new application of network analysis to the study of payments systems.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Central bank research, Payment clearing and settlement systems
• February 17, 2011

  Conference Summary: Financial Globalization and Financial Instability

  Bank of Canada Review - Winter 2010-2011 Scott Hendry

  The Bank of Canada’s annual conference, held in October 2010, brought together leading researchers from universities and central banks around the world.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Central bank research, Financial markets, Financial stability, Financial system regulation and policies
• January 19, 2011

  Monetary Policy Report – January 2011

  

  This is a report of the Governing Council of the Bank of Canada: Mark Carney, Tiff Macklem, John Murray, Timothy Lane, Jean Boivin and Agathe Côté. It presents the Bank’s outlook based on data received up to 14 January 2011.

  Content Type(s): Publications, Monetary Policy Report
• January 10, 2011

  Business Outlook Survey - Winter 2010-11

  Overall, businesses continue to be positive about the outlook for the next 12 months. While survey responses generally still indicate modest growth, with many firms citing headwinds from strong competition and moderate demand, the strength in commodity prices has led to increased optimism among those firms tied to commodity-related activity.

  Content Type(s): Publications, Business Outlook Survey