Louis Poirier


Louis Poirier is an economist in the International Projection division in the International Economic Analysis Department. He contributes to producing the global macroeconomic outlook featured in the quarterly Monetary Policy Report. Louis holds an M.A. in applied economics from HEC Montréal.


Louis Poirier

International Economic Analysis
International Projection Division

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9


Did U.S. Consumers Respond to the 2014–2015 Oil Price Shock? Evidence from the Consumer Expenditure Survey

Staff Working Paper 2018-13 Patrick Alexander, Louis Poirier
The impact of oil price shocks on the U.S. economy is a topic of considerable debate. In this paper, we examine the response of U.S. consumers to the 2014–2015 negative oil price shock using representative survey data from the Consumer Expenditure Survey.

Assessing Global Potential Output Growth

This note estimates potential output growth for the global economy through 2019. While there is considerable uncertainty surrounding our estimates, overall we expect global potential output growth to rise modestly, from 3.1 per cent in 2016 to 3.4 per cent in 2019.

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  • Master’s, HEC Montréal

Research Interests

  • Consumption
  • Investment
  • Income inequality


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