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51 Results

May 6, 2019

Risk Sharing, Flexibility and the Future of Mortgages

Remarks Stephen S. Poloz Canadian Credit Union Association and Winnipeg Chamber of Commerce Winnipeg, Manitoba
Governor Poloz talks about Canada’s housing market and how the mortgage market could evolve to give Canadians more choice, make the economy more flexible and lower the level of financial system risk.
May 6, 2019

Poloz talks mortgages: Innovation could improve flexibility

Speech summary Stephen S. Poloz Canadian Credit Union Association and the Winnipeg Chamber of Commerce Winnipeg, Manitoba
Stephen S. Poloz, Governor of the Bank of Canada, speaks before the Canadian Credit Union Association and the Winnipeg Chamber of Commerce.

Market Size and Entry in International Trade: Product Versus Firm Fixed Costs

Staff Working Paper 2018-43 Walter Steingress
This paper develops a theoretical framework to infer the nature of fixed costs from the relationship between entry patterns in international markets and destination market size. If fixed costs are at the firm level, firms take advantage of an intrafirm spillover by expanding firm-level product range (scope).
September 6, 2018

An Update on Canada’s Economic Resilience

Remarks Carolyn A. Wilkins Saskatchewan Trade & Export Partnership Regina, Saskatchewan
Senior Deputy Governor Wilkins discusses economic developments since the July Monetary Policy Report and Governing Council’s deliberations leading to yesterday’s policy rate decision.

Estimating the Impacts of Tariff Changes: Two Illustrative Scenarios

Staff Analytical Note 2018-29 Karyne B. Charbonneau, Anthony Landry
We build upon new developments in the international trade literature to construct a quantitative Ricardian framework similar to Caliendo and Parro (2015) to isolate and estimate the long-run economic impacts of tariff changes.
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