July 4, 2022 Household differences and why they matter Sharon Kozicki Differences in income, wealth and debt across households are important—for the economy, for the health of the financial system and for monetary policy. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Central bank research, Coronavirus disease (COVID-19), Domestic demand and components, Economic models, Housing, Inflation and prices, Labour markets, Monetary policy, Monetary policy framework, Recent economic and financial developments
October 7, 2020 Learning and earning Youngmin Park, Gabriela Galassi, Natalia Kyui The payoffs of higher education Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Labour markets, Potential output, Productivity
August 25, 2020 Our COVID-19 response: Large-scale asset purchases Paul Beaudry The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial assets. Our purchases serve two purposes. They help key financial markets work properly, and they can help increase spending in the economy. This leads to more employment and stronger economic growth. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19), Debt management, Financial markets, Financial stability, Inflation and prices, Interest rates, Market structure and pricing, Monetary policy, Monetary policy transmission
July 6, 2020 A road map to payment systems Paul Miller, Ariel Olivares Your money on the move Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Payment clearing and settlement systems
June 30, 2020 Our COVID-19 response: Navigating diverse economic impacts Lawrence L. Schembri The pandemic and related measures to control the spread of the virus have deeply affected Canadians and the Canadian economy. The impacts have been different across sectors and regions. The economic recovery will also vary across the country as local economies start to reopen. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19)
June 29, 2020 Our COVID-19 response: Supporting operations Filipe Dinis When the realities of the COVID-19 pandemic became clear, the Bank moved quickly to adapt its internal operations and support business continuity in our financial system. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19)
June 10, 2020 Our COVID-19 response: Keeping markets liquid Toni Gravelle When the COVID-19 pandemic hit Canada, the Bank of Canada acted quickly. We needed to make sure the financial system worked well enough that credit could continue to flow. That meant addressing shortages of liquidity in financial markets—the backbone for lending and borrowing in the economy. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19)
May 27, 2020 What’s behind your mortgage rate Yang Xu, Yi Zheng Here’s what determines the interest rate on your mortgage—and why that rate can go up and down. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Financial services, Housing, Interest rates, Monetary policy transmission
May 22, 2020 Our COVID-19 response: Policy actions Timothy Lane In the days and weeks since the COVID-19 pandemic came to Canada, the Bank of Canada has been taking action to ensure our economy and financial system are weathering the unprecedented shock of the shutdown. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19)
March 6, 2020 Under the microscope James (Jim) C. MacGee, Rhys R. Mendes Evaluating our approach to monetary policy Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Credibility, Inflation targets, Inflation: costs and benefits, Interest rates, Monetary policy framework, Price stability