January 8, 2018 Business Outlook Survey - Winter 2017–18 Business sentiment in the winter Business Outlook Survey remains positive: the sales outlook is still healthy, despite some moderation. At the same time, capacity and labour pressures are becoming more apparent and are stimulating firms’ employment and investment plans. Content Type(s): Publications, Business Outlook Survey
June 27, 2018 Let Me Be Clear: From Transparency to Trust and Understanding Remarks Stephen S. Poloz Greater Victoria Chamber of Commerce Victoria, British Columbia Governor Poloz talks about how the Bank is improving communications with the public and helping financial markets understand its monetary policy approach. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation targeting framework
Should Central Banks Worry About Nonlinearities of their Large-Scale Macroeconomic Models? Staff working paper 2017-21 Vadym Lepetyuk, Lilia Maliar, Serguei Maliar How wrong could policymakers be when using linearized solutions to their macroeconomic models instead of nonlinear global solutions? Content Type(s): Staff research, Staff working papers JEL Code(s): C, C6, C61, C63, C68, E, E3, E31, E5, E52 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Economic models, Monetary policy, Monetary policy framework and transmission
May 1, 2024 Opening Statement before the Standing Senate Committee on Banking, Commerce and the Economy Opening statement Tiff Macklem Standing Senate Committee on Banking, Commerce and the Economy Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
Sequencing Extended Monetary Policies at the Effective Lower Bound Staff discussion paper 2021-10 Yang Zhang, Lena Suchanek, Jonathan Swarbrick, Joel Wagner, Tudor Schlanger In this analysis, we use simulations in the Bank of Canada’s projection model—the Terms-of-Trade Economic Model—to consider a suite of extended monetary policies to support the economy following the COVID-19 crisis. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E3, E4, E5, E52, E58 Research Theme(s): Models and tools, Economic models, Monetary policy, Monetary policy tools and implementation
January 22, 2004 Release of the Monetary Policy Report Update Opening statement David Dodge Three developments have led us to modify our outlook for economic growth and inflation in Canada, since our October Monetary Policy Report. These include: stronger-than-expected world economic activity, the continued sharp depreciation of the U.S. dollar against major world currencies (including the Canadian dollar), and a somewhat larger output gap in Canada at the end of 2003. Content Type(s): Press, Speeches and appearances, Opening statements
January 27, 2000 Accountability and Transparency in Canada's Monetary Policy Remarks Gordon Thiessen Metropolitan Halifax Chamber of Commerce Halifax, Nova Scotia Public sector institutions have been undergoing significant changes over the past decade. One of the most important changes has been the move to greater accountability. Public institutions are now required to be more open and to provide more information about their operations. Or, to use the word currently in vogue, to be more “transparent.” Content Type(s): Press, Speeches and appearances, Remarks
February 15, 2018 Anchoring Expectations: Canada’s Approach to Price Stability Remarks Lawrence L. Schembri Manitoba Association for Business Economists Winnipeg, Manitoba Deputy Governor Lawrence Schembri examines the success of the Bank’s monetary policy framework and explains the review being undertaken before its renewal in 2021. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation, Inflation targeting framework
July 16, 2014 Monetary Policy Report – July 2014 Canadian real GDP growth is projected to average around 2 ¼ per cent during 2014-2016. Content Type(s): Publications, Monetary Policy Report
May 3, 2022 Earning the trust of Canadians Speech summary Carolyn Rogers Women in Capital Markets Toronto, Ontario In her first speech with the Bank of Canada, Senior Deputy Governor Carolyn Rogers talks about how independence and accountability help the Bank build and maintain trust. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Inflation, Inflation targeting framework