Dynamic Competition in Negotiated Price Markets Staff working paper 2020-22 Jason Allen, Shaoteng Li Repeated interactions between borrowers and lenders create the possibility of dynamic pricing: lenders compete aggressively with low prices to attract new borrowers and then raise their prices once borrowers have made a commitment. We find such pricing patterns in the Canadian mortgage market. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D4, G, G2, G21, L, L2 Research Theme(s): Financial markets and funds management, Market structure, Financial system, Financial institutions and intermediation, Household and business credit
January 28, 2026 Monetary Policy Report—January 2026—Canadian economy—Current conditions The Canadian economy continues to evolve as expected. Average quarterly growth was subdued in 2025, weighed down by US tariffs and slowing population growth. CPI inflation remains near the 2% target.
February 3, 2016 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Stephen Murchison Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Stephen Murchison discusses the causes and economic impact of movements in the Canadian dollar exchange rate. Content Type(s): Press, Speeches and appearances, Opening statements
August 22, 2009 Some Considerations on Using Monetary Policy to Stabilize Economic Activity Remarks Mark Carney symposium sponsored by the Federal Reserve Bank of Kansas City Jackson Hole, Wyoming Walsh's paper highlights many useful lessons that can be learned from the conventional framework and its various extensions. However, the financial crisis provides a stark and costly reminder of just how incomplete the standard model is. Content Type(s): Press, Speeches and appearances, Remarks
October 19, 2016 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published this morning. It has been six months almost to the day since we were last here, and several of the broad themes that […] Content Type(s): Press, Speeches and appearances, Opening statements
June 21, 2009 Procyclicality and Bank Capital Financial System Review - June 2009 Neville Arjani Content Type(s): Publications, Financial System Review articles
September 21, 2001 Current Developments in the Canadian Economy Remarks David Dodge Right now, last week's tragic events in the United States are uppermost in people's minds. Like millions of people around the globe, Canadians are very concerned about the situation. We all share in the sheer horror of what has happened. Content Type(s): Press, Speeches and appearances, Remarks
July 6, 2026 Business Outlook Survey Data Each quarter, the Business Outlook Survey results are based on interviews with senior management of about 100 firms.
December 23, 2005 Endogenous Market Incompleteness with Investment Risks Financial System Review - December 2005 Césaire Meh, Vincenzo Quadrini Content Type(s): Publications, Financial System Review articles
September 8, 2015 Scholarship awards The Bank of Canada’s Scholarship and Work Placement program is designed to assist students with disabilities and Indigenous students in furthering their education and to encourage them to take an interest in the work performed by the Bank of Canada.