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3541 Results

Antoine Poulin-Moore

Antoine Poulin-Moore is a senior economist in the Canadian Projection Division.

Nuno Paixão

Nuno Paixão is a Senior Economist in the Financial Stability Department at the Bank of Canada.

The impact of trading flows on Government of Canada bond prices

Staff analytical note 2025-20 Andreas Uthemann, Rishi Vala, Jun Yang
Trading flows affect Government of Canada bond prices. Our estimates suggest a sale of 1% of the available supply of bonds typically lowers bond prices by 0.2%. From 2000 to 2025, demand from institutional investors, such as Canadian pension funds and foreign investors, explains 69% of quarterly price variation, with the remainder explained by changes in the supply of bonds.
November 7, 2024

John Kuszczak Memorial Lecture 2024

The credibility revolution in inflation expectations — Address by Ricardo Reis, London School of Economics, with introductory remarks by Rhys Mendes, Deputy Governor.
October 22, 2014

Notice: Press Conference Cancelled

In light of this morning’s incident in downtown Ottawa, the Bank of Canada is cancelling its press conference on the October Monetary Policy Report. The Governor’s Opening Statement will be published on the Bank’s website at 11:15 AM today. We will provide more details as soon as they become available.
Content Type(s): Press, Announcements
November 19, 2015

Measuring Durable Goods and Housing Prices in the CPI: An Empirical Assessment

While the CPI is the most commonly used measure to track inflation, it is not fully consistent with a true cost-of-living index (COLI). Although the official treatment of durable goods and housing in the CPI represents an acceptable compromise in the current environment of low and stable inflation, Sabourin and Duguay suggest that it would be worthwhile to consider treating housing and durables in the same way and bringing the actual CPI closer to a COLI. This could be accomplished by employing an enhanced user-cost approach to calculate the imputed cost of the services provided by the use of durable goods or housing.
Content Type(s): Publications, Bank of Canada Review articles JEL Code(s): E, E3, E31, E5, E52
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