A Spatial Model of Bank Branches in Canada Staff working paper 2020-4 Heng Chen, Matthew Strathearn Using data on bank branch locations across Canada from 2008 to 2018, we explore an interesting aspect of bank branch competition—geographic concentration. We find that bank branch density does not correlate with geographic and market concentration; however, we do find strong correlation with postal-code demographics. Content Type(s): Staff research, Staff working papers Research Topic(s): Firm dynamics, Market structure and pricing JEL Code(s): L, L1, R, R3 Research Theme(s): Financial markets and funds management, Market structure, Financial system, Financial institutions and intermediation
Characterizing Breadth in Canadian Economic Activity Staff analytical note 2020-1 Taylor Webley, Carla Valerio, Maureen MacIsaac Real growth in gross domestic product tends to be meaningfully higher when a large share of industries and demand components are growing—that is, when growth is broad across many fronts. Content Type(s): Staff research, Staff analytical notes Research Topic(s): Business fluctuations and cycles JEL Code(s): E, E3, E32 Research Theme(s): Models and tools, Economic models, Monetary policy, Real economy and forecasting
February 5, 2020 Securing prosperity is up to all of us Speech summary Carolyn A. Wilkins Economic Club of Canada Toronto, Ontario Senior Deputy Governor Carolyn A. Wilkins explains that Canada is well-positioned to secure prosperity and avoid a long period of slow growth if we take the right steps. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Business fluctuations and cycles, Fiscal policy, Interest rates, International topics, Monetary policy framework, Potential output, Productivity Subject(s): Monetary policy, Economy/Economic growth, Inflation targeting framework
February 5, 2020 Securing long-term prosperity is up to all of us, Senior Deputy Governor Wilkins says Media Relations Toronto, Ontario In remarks to the Economic Club of Canada, Senior Deputy Governor Carolyn A. Wilkins said aging populations and weak productivity gains are holding back prospects in many advanced economies, including Canada’s. Content Type(s): Press, Press releases
February 5, 2020 Our Economic Destiny: Written in R-stars? Remarks Carolyn A. Wilkins Economic Club of Canada Toronto, Ontario Senior Deputy Governor Carolyn A. Wilkins talks about how to navigate slow growth and discusses the types of policies that would help secure long-term prosperity. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Business fluctuations and cycles, Fiscal policy, Interest rates, International topics, Monetary policy framework, Potential output, Productivity Subject(s): Financial system, Financial stability, Monetary policy, Economic models, Economy/Economic growth, Inflation targeting framework
January 31, 2020 Terry Fox is bank NOTE-able Terry Fox was selected from a short list of eight iconic Canadians to be on the next $5 bank note.