A Dynamic Factor Model for Nowcasting Canadian GDP Growth Staff working paper 2017-2 Tony Chernis, Rodrigo Sekkel This paper estimates a dynamic factor model (DFM) for nowcasting Canadian gross domestic product. The model is estimated with a mix of soft and hard indicators, and it features a high share of international data. Content Type(s): Staff research, Staff working papers JEL Code(s): C, C3, C32, C38, C5, C53, E, E3, E37 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Real economy and forecasting
February 2, 2017 CFIF Meeting (February 2, 2017) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
January 31, 2017 Building the next generation of economic models is a priority for the Bank of Canada, Governor Poloz says Media Relations Edmonton, Alberta Building the next generation of models that incorporate advances in economic knowledge and technology is a priority for the Bank of Canada, Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases
January 31, 2017 Models and the Art and Science of Making Monetary Policy Remarks Stephen S. Poloz University of Alberta School of Business Edmonton, Alberta Governor Stephen S. Poloz discusses the evolution of economic models and the need for central bankers to apply judgment in using them. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation targeting framework
January 31, 2017 Research Update - January 2017 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
January 30, 2017 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Sylvain Leduc House of Commons Standing Committee on Finance Ottawa, Ontario Deputy Governor Sylvain Leduc discusses household debt and house prices, the risks they pose to financial stability and the role of the Bank of Canada. Content Type(s): Press, Speeches and appearances, Opening statements
January 27, 2017 Weekly Financial Statistics - 27 January 2017 Content Type(s): Publications, Historical: Weekly Financial Statistics
January 26, 2017 Bank of Canada Directors - Appointment Opportunities The Government of Canada is currently seeking applications from Canadians interested in the position of Director, Bank of Canada. For more information, please see the Governor in Council Appointments website. Content Type(s): Press, Announcements