June 27, 2018 Let Me Be Clear: From Transparency to Trust and Understanding Remarks Stephen S. Poloz Greater Victoria Chamber of Commerce Victoria, British Columbia Governor Poloz talks about how the Bank is improving communications with the public and helping financial markets understand its monetary policy approach. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Credibility, Financial markets, Inflation targets, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments
May 24, 2017 Digital currencies and fintech: projects We are working on several technical projects designed to help us prepare for the future of money and payments.
June 1, 2004 The Evolving Financial System and Public Policy: Conference Highlights and Lessons Financial System Review - June 2004 Pierre St-Amant, Carolyn A. Wilkins Content Type(s): Publications, Financial System Review articles
The Slowdown in Productivity Growth in the 1975-83 Period: A Survey of Possible Explanations Technical Report No. 43 Gerald Stuber The growth rates of both aggregate factor and labour productivity in Canada fell substantially during the period 1975-83. This paper examines this phenomenon and reviews a number of possible explanations for it. First, the productivity growth slowdown is examined at various levels of industry disaggregation. It is apparent from this analysis that the slowdown varied […] Content Type(s): Staff research, Technical reports Research Topic(s): Productivity JEL Code(s): D, D2, D24
December 10, 2007 Reflections on Developments in the Canadian Financial System Remarks David Dodge Canadian Club of Toronto and the Empire Club of Canada Toronto, Ontario It has become a tradition that I deliver a speech late in the year on issues related to the financial system. When I say "financial system," I mean financial institutions and markets, together with the clearing and settlement systems through which financial assets flow. Content Type(s): Press, Speeches and appearances, Remarks
June 11, 2009 Rebalancing the Global Economy Remarks Mark Carney International Economic Forum of the Americas, conference of Montreal The theme of this conference – "Adapting to a New World Order" – suggests that it is clear how global commerce and finance will be reorganized in the wake of the current crisis. However, the outcome is far from preordained. How we manage the rebalancing of the global economy could profoundly influence how open, equitable, and prosperous the New World Order will be. Content Type(s): Press, Speeches and appearances, Remarks
December 14, 1997 Recent economic and financial developments Bank of Canada Review - Winter 1997-1998 The Canadian economy expanded at an average rate of over 4 per cent through the second half of 1996 and the first three quarters of 1997. The expansion was supported by accommodative monetary conditions, substantial employment gains, low inflation, an improved fiscal postion, and strong U.S. demand. These factors will continue to underpin a scenario of sustained growth in output and employment in the period ahead. With the situation in Asia still evolving, it is difficult to be precise about the size of its overall impact on Canada. At the same time, there have been some positive developments including stronger-than-anticipated economic performance in the United States, Mexico, and Europe and declining longer-term interest rates in most industrial countries. The core rate of inflation slipped slightly below the 1 to 3 per cent target range in the closing months of 1997. With the unwinding of some of the special factors that contributed to the decline, trend inflation is expected to move back inside the range in coming months. Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Recent economic and financial developments
April 14, 2005 Monetary Policy Report – April 2005 The global economy has been unfolding largely as expected, and prospects for continued robust growth are quite favourable, especially over the near term. Content Type(s): Publications, Monetary Policy Report
December 20, 2006 Why Monetary Policy Matters: A Canadian Perspective Bank of Canada Review - Winter 2006-2007 Christopher Ragan This article provides answers to several key questions about Canadian monetary policy. First, what is monetary policy? Second, why does the Bank of Canada focus on the control of inflation rather than other macroeconomic variables? Third, how do the Bank's actions influence the rate of inflation? And, finally, how can monetary policy deliver genuine and significant benefits to society? Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Business fluctuations and cycles, Inflation: costs and benefits, Monetary policy framework
April 1, 2009 Rebuilding Confidence in the Global Economy Remarks Mark Carney Northwest Territories Chamber of Commerce and Yellowknife Chamber of Commerce Yellowknife, Northwest Territories These are very challenging times. The Canadian economy is in recession. The global economy is facing a crisis of confidence, triggered by the most severe financial meltdown since the Great Depression; fanned by sharp falls in trade, manufacturing output, and financial wealth; and intensified by steep increases in unemployment. Content Type(s): Press, Speeches and appearances, Remarks