Maxime Leboeuf - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T21:05:24+00:00Bridging Canadian Business Lending and Market-Based Risk Measures
https://www.bankofcanada.ca/2019/08/staff-analytical-note-2019-26/
Lending to business is central to economic growth because it supports investment by firms. Knowing how market participants view risk in the financial system can give the Bank of Canada information about future growth in business loans. In this note, we look at three market-based risk measures and find that sudden increases in the perception of risk in the Canadian banking system are associated with a weaker outlook for business loans and real gross domestic product.2019-08-19T10:58:40+00:00enBridging Canadian Business Lending and Market-Based Risk Measures2019-08-19Is the Excess Bond Premium a Leading Indicator of Canadian Economic Activity?
https://www.bankofcanada.ca/2018/03/staff-analytical-note-2018-4/
This note investigates whether Canadian corporate spreads and the excess bond premium (EBP) lead Canadian economic activity. Indeed, we find that corporate spreads precede changes in real gross domestic product (GDP) in Canada over the subsequent year. The EBP accounts for most of this property. Further, an unanticipated increase in the Canadian EBP forecasts a deterioration of domestic macroeconomic conditions: a 10-basis-point increase results in a fall in both GDP and consumer price index (CPI) of 0.4 per cent and 0.1 per cent, respectively, over three years.2018-03-07T07:00:59+00:00enIs the Excess Bond Premium a Leading Indicator of Canadian Economic Activity?2018-03-07Can the Canadian International Investment Position Stabilize a Slowing Economy?
https://www.bankofcanada.ca/2017/10/staff-analytical-note-2017-14/
In this note, we find that valuation effects can act as an important stabilizer, strengthening Canada’s net external wealth when its economic outlook worsens relative to that of other countries.2017-10-17T11:27:28+00:00enCan the Canadian International Investment Position Stabilize a Slowing Economy?2017-10-17What Explains the Recent Increase in Canadian Corporate Bond Spreads
https://www.bankofcanada.ca/2017/03/staff-analytical-note-2017-2/
The spread between the yield of a corporate bond and the yield of a similar Government of Canada bond reflects compensation for possible default by the issuing firm and compensation for additional risks beyond default.2017-03-31T07:52:45+00:00enWhat Explains the Recent Increase in Canadian Corporate Bond Spreads2017-03-31