Research Field(s): Forecasting Monetary Economics

Staff research

How Indigenous-owned firms finance their operations

Sparks at Bank article James Fudurich, Calista Cheung, Farrukh Suvankulov, Selam Abraham
Businesses that can’t easily access credit experience slower growth. Indigenous-owned firms are less likely than other firms in Canada to use conventional lending products—like loans or lines of credit from banks. We look at why Indigenous-owned businesses may face barriers to accessing credit.
Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Financial system, Household and business credit, Monetary policy, Monetary policy framework and transmission

Potential output in Canada: 2025 assessment

Staff analytical note 2025-14 Selam Abraham, Dany Brouillette, Alex Chernoff, Christopher Hajzler, Stéphanie Houle, Mark Kim, Temel Taskin
We explore two scenarios for potential output growth to gain insights into the economic consequences associated with different possible trade policies. Scenario 1 includes limited US tariffs on Canadian exports. Scenario 2 adds a permanent, broad-based 25% increase in US tariffs on imports from all countries excluding Canada and Mexico.
Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E2, E3, E4, E5 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply, Digitalization and productivity

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