April 24, 2008 Monetary Policy Report – April 2008 Growth in the global economy began to slow in the fourth quarter of 2007 and the first quarter of 2008. This reflected the effects of the slowdown in the U.S. economy and ongoing dislocations in global financial markets. Content Type(s): Publications, Monetary Policy Report
Understanding the Cross‐Country Effects of US Technology Shocks Staff working paper 2017-23 Thuy Lan Nguyen, Wataru Miyamoto Business cycles are substantially correlated across countries. Yet most existing models are not able to generate substantial transmission through international trade. We show that the nature of such transmission depends fundamentally on the features determining the responsiveness of labor supply and labor demand to international relative prices. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E3, E30, F, F4, F41, F44, F6, F62 Research Theme(s): Models and tools, Economic models, Monetary policy, Real economy and forecasting, Structural challenges, International trade, finance and competitiveness
October 29, 2013 The Promise of Potential Remarks Agathe Côté CFA Society Winnipeg/Manitoba Chambers of Commerce Winnipeg, Manitoba In her speech, The Promise of Potential, Deputy Governor Agathe Côté discusses potential output in Canada and its implications for the economy and inflation. Content Type(s): Press, Speeches and appearances, Remarks
How Indigenous-owned firms finance their operations Sparks at Bank article James Fudurich, Calista Cheung, Farrukh Suvankulov, Selam Abraham Businesses that can’t easily access credit experience slower growth. Indigenous-owned firms are less likely than other firms in Canada to use conventional lending products—like loans or lines of credit from banks. We look at why Indigenous-owned businesses may face barriers to accessing credit. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Financial system, Household and business credit, Monetary policy, Monetary policy framework and transmission
May 2, 2024 Bank of Canada Disclosure of Climate-Related Risks 2023 This report lays out elements of the Bank’s strategy related to climate change and details how the issue will be managed holistically across the organization, following the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures. Content Type(s): Publications, Disclosure of Climate-Related Risks
February 17, 2005 Monetary Policy and Exchange Rate Movements Remarks David Dodge Vancouver Board of Trade Vancouver, British Columbia Every year, the Canadian Press surveys news directors and editors to select the top business story of the year. In 2004, they picked the rise of the Canadian dollar. That was not a surprising choice. Content Type(s): Press, Speeches and appearances, Remarks
September 18, 2002 Canada's Economic Performance After an Eventful Year Remarks David Dodge University of British Columbia Vancouver, British Columbia Indeed, a strong research environment has long been a hallmark of the Bank. We also want to encourage research relevant to our business, especially with respect to monetary policy and financial system stability, at universities all across Canada. Content Type(s): Press, Speeches and appearances, Remarks
Financial Frictions, Durable Goods and Monetary Policy Staff working paper 2019-31 Ugochi Emenogu, Leo Michelis Financial frictions affect how much consumers spend on durable and non-durable goods. Borrowers can face both loan-to-value (LTV) constraints and payment-to-income (PTI) constraints. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E4, E44, E5, E52 Research Theme(s): Financial system, Household and business credit, Models and tools, Economic models, Monetary policy, Monetary policy framework and transmission
June 26, 2001 Canada's Monetary Policy Approach: It Works for Canadians Remarks David Dodge Edmonton Chamber of Commerce Edmonton, Alberta The Bank of Canada's commitment is to contribute to the economic well-being of Canadians. This means conducting monetary policy so that it fosters sustained economic growth - by creating conditions that favour rising output, employment, and incomes, and a stable macroeconomic environment. Content Type(s): Press, Speeches and appearances, Remarks
November 13, 2014 Bank of Canada Review - Autumn 2014 In this issue, Bank staff discuss recent developments in experimental macroeconomics, research results on price-level and unemployment thresholds in forward guidance, and the spillover effects of quantitative easing in advance economies. Articles also explore the competitiveness strategies of Canadian firms as well as their use of financial derivatives. Content Type(s): Publications, Bank of Canada Review