November 19, 2019 Financial Stability in an Uncertain World (Full Remarks) Remarks Carolyn A. Wilkins International Finance Club of Montréal Montréal, Quebec Senior Deputy Governor Carolyn A. Wilkins provides an update on the Canadian financial system and discusses measures in place that increase its resilience in a challenging global environment. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Climate change, Financial institutions, Financial stability, Financial system regulation and policies, Housing, Trade integration
November 19, 2019 Financial stability in an uncertain world Speech summary Carolyn A. Wilkins The International Finance Club of Montreal Montréal, Quebec Senior Deputy Governor Carolyn A. Wilkins talks about the recent strengthening of Canada’s financial system. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Climate change, Financial institutions, Financial stability, Financial system regulation and policies, Trade integration
The Impact of a Trade War: Assessment of the Current Tariffs and Alternative Scenarios Staff Analytical Note 2019-20 Karyne B. Charbonneau This note uses Charbonneau and Landry’s (2018) framework to assess the direct impact of the current trade tensions on the Canadian and global economies, as well as possible implications if the conflict escalates further. Overall, my findings show that the estimated impact of current tariffs on real gross domestic product (GDP) remains relatively small, which is in line with the literature on gains from trade, but the impact on trade is much larger. Content Type(s): Staff research, Staff analytical notes Research Topic(s): Recent economic and financial developments, Trade integration JEL Code(s): F, F1, F11, F13, F14, F15, F5, F50, F6, F62, F68
Reassessing Trade Barriers with Global Value Chains Staff Working Paper 2019-19 Yuko Imura This paper provides a systematic, quantitative analysis of the short-run and long-run effects of various trade-restricting policies in the presence of global value chains and multinational production. Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Firm dynamics, International topics, Trade integration JEL Code(s): F, F1, F12, F13, F4, F41
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. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Financial services, Financial stability, Housing, Recent economic and financial developments, Trade integration
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. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Financial services, Financial stability, Housing, Recent economic and financial developments, Trade integration
April 1, 2019 Poloz talks trade: Canada’s services a bright spot Speech summary Stephen S. Poloz Baffin Regional Chamber of Commerce (BRCC) and the Nunavut Mining Symposium (NMS) Iqaluit, Nunavut Stephen S. Poloz, Governor of the Bank of Canada, will speak before the Baffin Regional Chamber of Commerce (BRCC) and the Nunavut Mining Symposium. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): International topics, Labour markets, Service sector, Trade integration
April 1, 2019 Turbulent Times for Trade Remarks Stephen S. Poloz Baffin Regional Chamber of Commerce (BRCC) and the Nunavut Mining Symposium (NMS) Iqaluit, Nunavut Governor Poloz talks about slowing international trade and how Canada’s rapidly growing services industries can help drive exports and growth. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): International topics, Labour markets, Service sector, Trade integration
The Trade War in Numbers Staff Working Paper 2018-57 Karyne B. Charbonneau, Anthony Landry We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy. Content Type(s): Staff research, Staff working papers Research Topic(s): Recent economic and financial developments, Trade integration JEL Code(s): F, F1, F11, F13, F14, F15, F5, F50, F6, F62, F68
September 28, 2018 The benefits of freer trade Stephen Murchison, Alex Chernoff Freer trade lowers prices and boosts economies, yet not everyone benefits equally. Fair policies are essential for balanced growth and widespread prosperity. Content Type(s): Publications, The Economy, Plain and Simple Research Topic(s): Balance of payments and components, Development economics, International topics, Recent economic and financial developments, Trade integration