August 26, 2008 Work in Progress: The Bank of Canada's Response to the Financial Turbulence Remarks David Longworth Canadian Association for Business Economics Kingston, Ontario The financial turbulence over the past year has been costly and difficult for many individuals and financial institutions; it's been challenging for policy-makers; and it's had implications for the overall economy. Content Type(s): Press, Speeches and appearances, Remarks
October 5, 2007 Business Outlook Survey - Autumn 2007 Overall, businesses continue to be positive about the economic outlook, notwithstanding lower expectations for U.S. economic growth and recent financial market turbulence. Content Type(s): Publications, Business Outlook Survey
Un examen plus approfondi des pressions salariales au Canada Staff analytical note 2016-6 Dany Brouillette, Laurence Savoie-Chabot In this note, we provide a brief outline of the recent developments in wage measures in Canada. We then assess whether wage growth is consistent with its fundamentals. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E2, E24, J, J3, J30 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting, Structural challenges, Demographics and labour supply
July 6, 2015 Business Outlook Survey - Summer 2015 The summer Business Outlook Survey points to a diverging outlook across regions. While there are some encouraging signs, owing in part to strengthening U.S. demand, weak oil prices continue to significantly dampen economic perspectives in affected sectors and regions. Content Type(s): Publications, Business Outlook Survey
December 4, 2007 Bank of Canada lowers overnight rate target by 1/4 percentage point to 4 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 4 1/4 per cent. Content Type(s): Press, Press releases
Debt-Relief Programs and Money Left on the Table: Evidence from Canada's Response to COVID-19 Staff working paper 2021-13 Jason Allen, Robert Clark, Shaoteng Li, Nicolas Vincent During the COVID-19 pandemic, Canadian financial institutions offered debt-relief programs to help borrowers cope with job losses and economic insecurity. We consider the low take-up rates for these programs and suggest that to be effective, such programs must be visible and easy to use. Content Type(s): Staff research, Staff working papers JEL Code(s): G, G3, G31, H, H5 Research Theme(s): Financial system, Financial stability and systemic risk, Household and business credit, Monetary policy, Real economy and forecasting
April 24, 2002 Opening Statement before the House of Commons Standing Committee on Finance Opening statement David Dodge To counter that uncertainty and bolster consumer and business confidence, the Bank of Canada moved aggressively to provide monetary stimulus. Between last September and January 2002, we lowered interest rates by 200 basis points, bringing the total reduction since January 2001 to 375 basis points. Content Type(s): Press, Speeches and appearances, Opening statements
December 23, 2002 Financial System Review - December 2002 The financial system, which consists of financial institutions, financial markets, and clearing and settlement systems, lays an important role in a nation’s economy. Sound and efficientfinancial systems can make a significant contribution to economic growth. Content Type(s): Publications, Financial Stability Report
January 7, 2008 Summary of the Survey on Canadian Corporate Foreign Exchange Hedging Each year since 2004, the Bank of Canada has undertaken a questionnaire with banks that are active in the Canadian dollar foreign exchange market through offices in Toronto and/or Montréal. Content Type(s): Press, Market notices
November 1, 2022 Opening Statement before the Standing Senate Committee on Banking, Trade and the Economy Opening statement Tiff Macklem Standing Senate Committee on Banking, Trade and the Economy Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements