Identifying Consumer-Welfare Changes when Online Search Platforms Change Their List of Search Results Staff working paper 2020-5 Ryan Martin Online shopping is often guided by search platforms. Consumers type keywords into query boxes, and search platforms deliver a list of products. Consumers' attention is limited, and exhaustive searches are often impractical. Content Type(s): Staff research, Staff working papers JEL Code(s): C, C1, C14, D, D1, D11, D12, D6, D8, D83, L, L4, L40 Research Theme(s): Financial markets and funds management, Market structure, Models and tools, Econometric, statistical and computational methods
March 6, 2020 Evaluating our approach to monetary policy James (Jim) C. MacGee, Rhys R. Mendes Inflation targeting has been successful in Canada over the past 30 years. But is it the best we can do? The Bank of Canada asks itself, and Canadians, that question every five years. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
March 5, 2020 Labour market is key to Canada’s resilience Speech summary Stephen S. Poloz Women in Capital Markets Toronto, Ontario Governor Stephen S. Poloz talks about how the labour market is a key source of resilience for Canada’s economy and reviews the Bank of Canada’s decision to lower interest rates. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
March 5, 2020 Advisory Council for the next $5 bank note Meet the Advisory Council who developed the short list of iconic Canadians.
March 5, 2020 Economic Progress Report: We All Have Work to Do Remarks Stephen S. Poloz Women in Capital Markets Toronto, Ontario Governor Stephen S. Poloz discusses the Bank’s latest interest rate announcement as well as Canada’s labour market—an important source of economic resilience. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
March 4, 2020 Bank of Canada lowers overnight rate target to 1 ¼ percent Media Relations Ottawa, Ontario The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit rate is 1 percent. Content Type(s): Press, Press releases
March 3, 2020 Statement of G7 Finance Ministers and Central Bank Governors Media Relations We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its impact on markets and economic conditions. Content Type(s): Press, Press releases
February 29, 2020 Research Update - February 2020 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