An Improved Equation for Predicting Canadian Non-Commodity Exports Staff discussion paper 2017-1 Patrick Alexander, Jean-Philippe Cayen, Alex Proulx We estimate two new equations for Canadian non-commodity exports (NCX) that incorporate three important changes relative to the current equation used at the Bank of Canada. Content Type(s): Staff research, Staff discussion papers Research Topic(s): Balance of payments and components, Exchange rates, International topics JEL Code(s): F, F1, F10, F14, F17 Research Theme(s): Models and tools, Economic models, Monetary policy, Real economy and forecasting, Structural challenges, International trade, finance and competitiveness
January 13, 2017 Weekly Financial Statistics - 13 January 2017 Content Type(s): Publications, Historical: Weekly Financial Statistics
January 9, 2017 Business Outlook Survey - Winter 2016-17 The results of the winter Business Outlook Survey indicate that business prospects have improved following two years of overall modest activity. The responses reflect building domestic demand, a supportive export outlook and an expected recovery in energy-related activity. Content Type(s): Publications, Business Outlook Survey
January 9, 2017 Senior Loan Officer Survey - Fourth-Quarter 2016 Survey results suggest that overall business-lending conditions were essentially unchanged during the fourth quarter of 2016. Content Type(s): Publications, Senior Loan Officer Survey
January 6, 2017 Weekly Financial Statistics - 6 January 2017 Content Type(s): Publications, Historical: Weekly Financial Statistics
Terms-of-Trade and House Price Fluctuations: A Cross-Country Study Staff working paper 2017-1 Paul Corrigan Terms-of-trade shocks are known to be key drivers of business cycles in open economies. This paper argues that terms-of-trade shocks were also important for house price fluctuations in a panel of developed countries over the 1994–2015 period. Content Type(s): Staff research, Staff working papers Research Topic(s): Financial stability, Housing, International topics JEL Code(s): C, C3, C32, E, E3, E32, E5, E51, F, F3, F36, F4, F41 Research Theme(s): Financial system, Household and business credit, Monetary policy, Inflation dynamics and pressures, Real economy and forecasting, Structural challenges, International trade, finance and competitiveness
January 5, 2017 Pilot – Government of Canada Cash Management Bond Buyback Program The Bank of Canada and the Department of Finance are announcing today a pilot for the Government of Canada Cash Management Bond Buyback program that will increase flexibility in the maximum repurchase amount at each operation. Content Type(s): Press, Market notices