October 6, 2016 Both progress and setbacks as economy adjusts, says Senior Deputy Governor Wilkins Media Relations Trois-Rivières, Quebec The Canadian economy is undergoing important, complex adjustments following the drop in oil prices over the past two years and in the context of the longer trends of population aging and modest productivity growth, Senior Deputy Governor Carolyn Wilkins said today. Content Type(s): Press, Press releases
December 24, 2004 Government of Canada Yield-Curve Dynamics, 1986-2003 Bank of Canada Review - Winter 2004-2005 Grahame Johnson A database of historical Government of Canada zero-coupon yield curves developed at the Bank of Canada is introduced in this article, which also includes an initial statistical analysis of the behaviour and evolution of the zero-coupon interest (spot) rates over the full period and two distinct subperiods. Specific areas of interest include the evolution of the levels of key interest rates and yield-curve measures over the sample as well as daily changes in the key interest rates and the yield-curve measures; the identification of a relatively small number of factors that drove the evolution of the yield curve; and the total returns that would have been realized by holding bonds of different maturities for a given holding period. Content Type(s): Publications, Bank of Canada Review articles
October 16, 2025 Monetary policy framework renewal workshop As part of the 2026 monetary policy framework renewal, the Bank of Canada hosted a full-day virtual event with Canadian and international experts from other central banks, universities and think tanks. Participants shared insights and exchanged perspectives on the Bank’s research to date. Content Type(s): Conferences and workshops
Monetary Policy Tradeoffs Between Financial Stability and Price Stability Staff working paper 2016-49 Malik Shukayev, Alexander Ueberfeldt We analyze the impact of interest rate policy on financial stability in an environment where banks can experience runs on their short-term liabilities, forcing them to sell assets at fire-sale prices. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D6, D62, E, E3, E32, E4, E44, G, G0, G01 Research Theme(s): Financial system, Financial stability and systemic risk, Monetary policy, Monetary policy framework and transmission
Assessing Global Potential Output Growth Staff analytical note 2017-3 Patrick Alexander, Michael Francis, Christopher Hajzler, Patrick Kirby, Louis Poirier, Sri Thanabalasingam, Kristina Hess 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. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E1, E10, E2, E20, O, O4 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply, Digitalization and productivity
April 9, 2009 Bank of Canada Appoints Two Advisers Media Relations Ottawa, Ontario The Bank of Canada today announced the appointments of David Wolf to the permanent position of Adviser and Jean Boivin to the rotating role of Special Adviser for the term 2009-2010. Content Type(s): Press, Press releases
January 25, 2005 Bank of Canada keeps target for the overnight rate at 2 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent. Content Type(s): Press, Press releases
May 4, 2007 Governor Dodge discusses how flexible exchange rates aid economic adjustments Media Relations Montréal, Quebec A flexible exchange rate regime can help an economy adjust to shocks, and can be an important part of a market-based, liberalized trade and financial order, said Bank of Canada Governor David Dodge. Content Type(s): Press, Press releases
September 23, 2021 Sharpening our insights Effective, evidence-based policy decisions require insights deepened by understanding. We will listen to Canadians’ diverse perceptions and concerns. At the same time, we will work hard to clearly explain the intent and relevance of the Bank’s objectives, and what is needed to achieve them. More than ever, we are focused on turning insights into actions that inspire confidence.