David Amirault

Regional Director, Economics

David Amirault was appointed Regional Director (Economics) at the Bank of Canada's Regional Office for the Atlantic Provinces in 1999. In this capacity, he directs research and analysis on economic and financial developments in the region. He also plays a major role in the Office's activities in communicating the Bank's messages to a variety of external audiences and promoting an exchange of views on the economy and monetary policy. His areas of research interest include labour markets, foreign direct investment, migration trends, regional issues, business surveys, and price and wage rigidities.

Born in Yarmouth, Nova Scotia, Mr. Amirault graduated with a Bachelor of Commerce degree (Honours Economics) from Saint Mary's University in 1990. He then pursued graduate studies in Economics, attaining his master's degree at the University of Western Ontario in 1991.

After his studies, Mr. Amirault worked for the Atlantic Provinces Economic Council (APEC) in Halifax for seven years. He successively held the positions of Economist, Senior Economist, and Director of Research. Mr. Amirault also taught macroeconomics at the Frank H. Sobey Faculty of Commerce at Saint Mary's University in Halifax from 1993 to 2004. He was President of the Atlantic Association of Applied Economists (AAAE) from 2002 to 2011 and he sat on the Board of Directors of the Canadian Association for Business Economics (CABE) from 2011 to 2015.

Biographical Note: David Amirault


David Amirault

Regional Director, Economics
Canadian Economic Analysis
Regional Analysis

Bank of Canada
1701 Hollis Street, 13th Floor
Halifax, NS, B3J 3M8


What’s Up with Unit Non-Response in the Bank of Canada’s Business Outlook Survey? The Effect of Staff Tenure

Staff Discussion Paper 2017-11 Sarah Miller, David Amirault, Laurent Martin
Since 1997, the Bank of Canada’s regional offices have been conducting the Business Outlook Survey (BOS), a quarterly survey of business conditions. Survey responses are gathered through face-to-face, confidential consultations with a sample of private sector firms representative of the various sectors, firm sizes and regions across Canada.

Canadian Labour Market Dispersion: Mind the (Shrinking) Gap

Staff Analytical Note 2016-3 David Amirault, Naveen Rai
Shocks to a currency area can and often do have asymmetric impacts on its regions that, in the absence of perfect labour mobility, lead to gaps in relative labour market performance. Witness, for example, the effects of the 2008/09 recession and subsequent financial crisis in Europe on the dispersion of employment rates across the euro area – and to a lesser extent the United States.

May 16, 2013 Explaining Canada’s Regional Migration Patterns

Understanding the factors that determine the migration of labour between regions is crucial for assessing the economy’s response to macroeconomic shocks and identifying policies that will encourage an efficient reallocation of labour. By examining the determinants of migration within Canada from 1991 to 2006, this article provides evidence that regional differences in employment rates and household incomes tend to increase labour migration, and that provincial borders and language differences are barriers to migration.

Asking About Wages: Results from the Bank of Canada’s Wage Setting Survey of Canadian Companies

Staff Discussion Paper 2013-1 David Amirault, Paul Fenton, Thérèse Laflèche
The Bank of Canada conducted a Wage Setting Survey with a sample of 200 private sector firms from mid-October 2007 to May 2008. Results indicate that wage adjustments for the Canadian non-union private workforce are overwhelmingly time dependent, with a fixed duration of one year, and are clustered in the first four months of the year, suggesting that wage stickiness may not be constant over the year.

What Drags and Drives Mobility: Explaining Canada’s Aggregate Migration Patterns

Staff Working Paper 2012-28 David Amirault, Daniel de Munnik, Sarah Miller
Using census data at the economic region level from 1991 to 2006 and a gravity model framework, this paper examines the factors that influence migration within Canada.

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