April 24, 2024 Publication: Summary of Deliberations 13:30 (ET)Bank of Canada Content Type(s): Upcoming events
April 22, 2024 Release: Market Participants Survey 10:30 (ET)The Market Participants Survey is conducted quarterly. Bank of Canada staff reach out to a diverse set of participants in financial markets to gather their views on key macroeconomic and financial variables as well as on monetary policy. Content Type(s): Upcoming events
April 10, 2024 Interest Rate Announcement and Monetary Policy Report 09:45 (ET)On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision. Four times a year, Governing Council presents the Monetary Policy Report: the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks. Content Type(s): Upcoming events
April 1, 2024 Release: Business Outlook Survey and Canadian Survey of Consumer Expectations 10:30 (ET) The Business Outlook Survey is a summary of interviews conducted by the Bank's regional offices with business leaders from about 100 firms, selected in accordance with the composition of Canada's gross domestic product. The Canadian Survey of Consumer Expectations is a quarterly survey aimed at measuring household views of inflation, the labour market and household finances, as well as topical issues of interest to the Bank of Canada. Content Type(s): Upcoming events
April 1, 2024 The Bank of Canada releases the first quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations On Monday, April 1, 2024, the Bank of Canada will release the first quarter issue of the Business Outlook Survey and the Canadian Survey of Consumer Expectations. Content Type(s): Press, Media advisories
Forecasting Recessions in Canada: An Autoregressive Probit Model Approach Staff Working Paper 2024-10 Antoine Poulin-Moore, Kerem Tuzcuoglu We forecast recessions in Canada using an autoregressive (AR) probit model. The results highlight the short-term predictive power of the US economic activity and suggest that financial indicators are reliable predictors of Canadian recessions. In addition, the suggested model meaningfully improves the ability to forecast Canadian recessions, relative to a variety of probit models proposed in the Canadian literature. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Econometric and statistical methods JEL Code(s): C, C5, C51, C53, E, E3, E32
March 26, 2024 Speech: Carolyn Rogers, Senior Deputy Governor 09:15 (AT) / 08:15 (ET) Halifax, Nova Scotia Content Type(s): Upcoming events
March 26, 2024 Speech by Carolyn Rogers, Senior Deputy Governor of the Bank of Canada On Tuesday, March 26, 2024, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, will speak before the Halifax Partnership. Content Type(s): Press, Media advisories