March 25, 1998 The Future Performance of the Canadian Economy Remarks Gordon Thiessen Canadian Club of Winnipeg Winnipeg, Manitoba It can take anywhere from one to two years for monetary actions to have their full effect on the economy. Because of this, the conduct of monetary policy must be based on a view of what the economy will be like - not tomorrow, not in a month - but rather in one to two years' time. Content Type(s): Press, Speeches and appearances, Remarks
November 20, 1996 Monetary Policy Report – November 1996 This Report outlines recent developments in the Canadian economy that affect the rate of inflation and provides an account of the measures taken by the Bank of Canada to control inflation. Content Type(s): Publications, Monetary Policy Report
October 23, 2008 Monetary Policy Report – October 2008 Three major interrelated global developments are having a profound impact on the Canadian economy and making the outlook more uncertain than it was at the time of the July Monetary Policy Report Update. Content Type(s): Publications, Monetary Policy Report
October 23, 2024 Monetary Policy Report—October 2024—Global economy Overall, global economic growth continues to evolve as expected. However, the composition of that growth has changed.
October 24, 2002 Release of the Monetary Policy Report Opening statement David Dodge Press conference in New York The Canadian economy has been expanding strongly so far this year and is now operating fairly close to its full production capacity. Consumer price inflation has risen above the 2 per cent target and is expected to rise further before year-end because of high oil prices and a number of other relative price movements. Content Type(s): Press, Speeches and appearances, Opening statements
How Oil Supply Shocks Affect the Global Economy: Evidence from Local Projections Staff discussion paper 2019-6 Olivier Gervais We provide empirical evidence on the impact of oil supply shocks on global aggregates. To do this, we first extract structural oil supply shocks from a standard oil-price determination model found in the literature. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C2, C22, C5, E, E3, E37, Q, Q4, Q43 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting, Structural challenges, International trade, finance and competitiveness
June 30, 2023 Quarterly Research Update – 2023 Q2 This newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
A New Measure of the Canadian Effective Exchange Rate Staff discussion paper 2016-1 Russell Barnett, Karyne B. Charbonneau, Guillaume Poulin-Bellisle Canada’s international competitiveness has received increasing attention in recent years as exports have fallen short of expectations and Canada has lost market share. This paper asks whether the Bank of Canada’s current effective exchange rate measure, the CERI, is still an accurate measure of Canada’s international competitiveness. Content Type(s): Staff research, Staff discussion papers JEL Code(s): F, F1, F3, F31 Research Theme(s): Financial markets and funds management, International markets and currencies, Structural challenges, International trade, finance and competitiveness
April 13, 2016 Monetary Policy Report – April 2016 Canada’s economy is projected to grow by 1.7 per cent in 2016 and return to potential next year as complex adjustments continue. Content Type(s): Publications, Monetary Policy Report
August 31, 2015 Research Update - August 2015 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters