Jonathan Lachaine - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T07:32:51+00:00Assessing global potential output growth and the US neutral rate: April 2021
https://www.bankofcanada.ca/2021/04/staff-analytical-note-2021-5/
We expect global potential output growth to rise to 3 percent by 2022. Relative to the last assessment in October 2020, potential output growth has been revised up across all the regions. The range of the US neutral rate remains unchanged relative to the autumn 2020 assessment.2021-04-21T10:00:15+00:00enAssessing global potential output growth and the US neutral rate: April 20212021-04-21Applying the Wage-Common to Canadian Provinces
https://www.bankofcanada.ca/2018/05/staff-analytical-note-2018-16/
As at the national level, available sources of hourly wage data for Canadian provinces sometimes send conflicting signals about wage growth. This note has two objectives. First, we develop a common measure of provincial wages (the provincial wage-common) to better capture the underlying wage pressures, reflecting the overall trend across all data sources.2018-05-30T13:48:15+00:00enApplying the Wage-Common to Canadian Provinces2018-05-30Wages: Measurement and Key Drivers
https://www.bankofcanada.ca/2018/01/staff-analytical-note-2018-2/
Available sources of hourly wage data in Canada sometimes send conflicting signals about wage growth. This note thus has two objectives: first, we develop a wage measure—the wage-common—to better capture the (underlying) wage pressures reflecting the common trend across the available data sources. Second, we re-examine the relationship between wage growth and macro drivers (labour market slack and labour productivity).2018-01-17T10:00:23+00:00enWages: Measurement and Key Drivers2018-01-17Wage Growth in Canada and the United States: Factors Behind Recent Weakness
https://www.bankofcanada.ca/2017/07/staff-analytical-note-2017-8/
This note examines the relatively subdued pace of wage growth in Canada since the commodity price decline in 2014 and assesses whether the weakness is attributable to cyclical (e.g., labour market slack) or structural factors (e.g., resource reallocation and demographic change).2017-07-10T11:56:06+00:00enWage Growth in Canada and the United States: Factors Behind Recent Weakness2017-07-10A Canada-US Comparison of Labour Market Conditions
https://www.bankofcanada.ca/2017/04/staff-analytical-note-2017-4/
In this note, we provide a brief comparison of the recent developments in the labour markets in Canada and the United States. Our analysis indicates that slack remains in the Canadian labour market, while the US labour market is close to full employment.2017-04-12T10:01:21+00:00enA Canada-US Comparison of Labour Market Conditions2017-04-12