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8980 Results

June 30, 2017

Business Outlook Survey - Summer 2017

Responses to the summer Business Outlook Survey suggest that business activity is continuing to gain momentum, buoyed by indications that domestic demand will improve further. Positive business prospects are increasingly widespread across regions and sectors.
June 28, 2017

Markets Calling: Intelligence Gathering at the Bank of Canada

Remarks Lynn Patterson CFA Society Calgary Calgary, Alberta
Deputy Governor Lynn Patterson discusses how the Bank gathers financial market intelligence and what it is learning.
June 28, 2017

CFA Society Calgary — Speech (Webcast)

Markets Calling: Intelligence Gathering at the Bank of Canada - Deputy Governor Lynn Patterson of the Bank of Canada speaks before the CFA Society Calgary. (12:20 (Mountain Time), 14:20 (Eastern Time) approx.)

Understanding Monetary Policy and its Effects: Evidence from Canadian Firms Using the Business Outlook Survey

Staff Working Paper 2017-24 Matthieu Verstraete, Lena Suchanek
This paper shows (i) that business sentiment, as captured by survey data, matters for monetary policy decisions in Canada, and (ii) how business perspectives are affected by monetary policy shocks. Measures of business sentiment (soft data) are shown to have systematic explanatory power for monetary policy decisions over and above typical Taylor rule variables.
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