April 30, 2014 Opening Statement before the Senate Standing Committee on Banking, Trade and Commerce Opening statement Stephen S. Poloz Senate Standing Committee on Banking, Trade and Commerce Ottawa, Ontario Thank you for the opportunity for Tiff and me to be here today to share with you highlights from the Bank of Canada’s recent economic outlook. The Bank aims to communicate openly and effectively so that Canadians know how we are achieving our mandate to promote the economic and financial welfare of this country. One […] Content Type(s): Press, Speeches and appearances, Opening statements
March 11, 2021 COVID-19, savings and household spending Remarks (delivered virtually) Lawrence L. Schembri Restaurants Canada Toronto, Ontario Deputy Governor Lawrence Schembri talks about the Bank’s latest interest rate announcement and discusses how COVID-19 has affected savings and the outlook household spending. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
August 31, 2021 Research Update - August 2021 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
March 17, 2016 Nominations – from 461 to one iconic Canadian woman A total of 461 iconic Canadian women met the initial qualifying criteria and an independent Advisory Council followed the selection process to produce a long list of 12 women and then a short list of five. On 8 December 2016, the Minister of Finance and the Governor of the Bank of Canada revealed that Viola Desmond will be featured on the new $10 note.
October 27, 2008 Summary of the Survey on Canadian Corporate Foreign Exchange Hedging Each year since 2004, the Bank of Canada has surveyed banks that are active in the Canadian-dollar foreign exchange market. Content Type(s): Press, Market notices
Markov‐Switching Three‐Pass Regression Filter Staff working paper 2017-13 Pierre Guérin, Danilo Leiva-Leon, Massimiliano Marcellino We introduce a new approach for the estimation of high-dimensional factor models with regime-switching factor loadings by extending the linear three-pass regression filter to settings where parameters can vary according to Markov processes. Content Type(s): Staff research, Staff working papers JEL Code(s): C, C2, C22, C23, C5, C53 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Economic models, Monetary policy, Real economy and forecasting
February 20, 2002 Canada's Experience with Inflation Targets and a Flexible Exchange Rate: Lessons Learned Remarks David Dodge Canadian Society of New York New York, New York The Canadian economy has undergone a dramatic transformation over the past decade. And it has emerged as a low-inflation economy, with declining levels of public and foreign debt and a private sector that is more cost-conscious, productive, and efficient, thanks to restructuring and investments in new technology. Content Type(s): Press, Speeches and appearances, Remarks
January 27, 2005 Monetary Policy Report Update – January 2005 The adjustment of the Canadian economy to major global developments continues to shape the economic outlook. Content Type(s): Publications, Monetary Policy Report
July 24, 2002 Monetary Policy Report Update – July 2002 t the time of the April Monetary Policy Report, it was evident that a robust economic recovery was underway in Canada. Content Type(s): Publications, Monetary Policy Report
Potential output in Canada: 2024 assessment Staff analytical note 2024-11 Tessa Devakos, Christopher Hajzler, Stéphanie Houle, Craig Johnston, Antoine Poulin-Moore, Ron Rautu, Temel Taskin We expect that potential output in Canada will grow by 2.3% and 2.5% in 2023 and 2024, respectively, and average slightly below 1.7% by 2027 as population growth moderates. Relative to the April 2023 assessment, growth is revised up in 2024, with a larger contribution from trend labour input due to higher-than-anticipated population growth. We revise down our estimates of growth over 2025–26. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E2, E3, E4, E5 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply, Digitalization and productivity