March 26, 2024 The productivity problem Speech summary Carolyn Rogers Halifax Partnership Halifax, Nova Scotia Senior Deputy Governor Carolyn Rogers talks about some of the reasons for Canada’s poor productivity track record, and what we can do to turn the tide. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
January 11, 2021 Business Outlook Survey—Winter 2020–21 In the winter Business Outlook Survey, firms pointed to a continued recovery supported by strengthening domestic and foreign demand, particularly in goods-producing sectors. Still, firms expect the recovery to be uneven; in particular, businesses that have been hit hard by the pandemic anticipate challenging times ahead. Content Type(s): Publications, Business Outlook Survey
April 19, 2016 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Good morning, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be back to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. I extend particular greetings to the new members of this committee, and look forward to being with you twice a year to talk about […] Content Type(s): Press, Speeches and appearances, Opening statements
June 30, 2017 Business Outlook Survey - Summer 2017 Responses to the summer Business Outlook Survey suggest that business activity is continuing to gain momentum, buoyed by indications that domestic demand will improve further. Positive business prospects are increasingly widespread across regions and sectors. Content Type(s): Publications, Business Outlook Survey
Forecasting Banks’ Corporate Loan Losses Under Stress: A New Corporate Default Model Technical report No. 122 Gabriel Bruneau, Thibaut Duprey, Ruben Hipp We present a new corporate default model, one of the building blocks of the Bank of Canada’s bank stress-testing infrastructure. The model is used to forecast corporate loan losses of the Canadian banking sector under stress. Content Type(s): Staff research, Technical reports JEL Code(s): C, C2, C22, C5, C52, C53, G, G1, G17, G2, G21, G28 Research Theme(s): Financial system, Financial stability and systemic risk, Household and business credit, Models and tools, Economic models
January 19, 2026 Release: Business Outlook Survey and Canadian Survey of Consumer Expectations 10:30 (ET) The Business Outlook Survey is a summary of interviews conducted by the Bank's regional offices with business leaders from about 100 firms, selected in accordance with the composition of Canada's gross domestic product. The Canadian Survey of Consumer Expectations is a quarterly survey aimed at measuring household views of inflation, the labour market and household finances, as well as topical issues of interest to the Bank of Canada. Content Type(s): Upcoming events
March 21, 2017 Getting Down to Business: Investment and the Economic Outlook Remarks Lawrence L. Schembri Greater Vancouver Board of Trade Vancouver, British Columbia Deputy Governor Lawrence Schembri discusses the factors affecting business investment and the implications for the economic outlook. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Funds management, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
Short-Run Dynamics in a Search-Theoretic Model of Monetary Exchange Staff working paper 2020-48 Jonathan Chiu, Miguel Molico We study the short-run effects of monetary policy using a search-theoretic monetary model in which agents are subject to idiosyncratic shocks and aggregate monetary shocks. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E4, E40, E5, E50 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission, Monetary policy tools and implementation
March 7, 2006 Bank of Canada raises overnight rate target by 1/4 percentage point to 3 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 3/4 per cent. Content Type(s): Press, Press releases
April 10, 2008 Credit Markets, Financial Stability, and Monetary Policy Remarks David Longworth Global Investment Conference Lake Louise, Alberta Today, I'd like to discuss some of the crucial issues that we have been dealing with during this period. I'll begin with a brief overview of some key events that have led to the turbulence that continues to upset financial markets and that greatly contributed to the remarkably wide credit spreads that we now witness. Content Type(s): Press, Speeches and appearances, Remarks