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20 Results

December 9, 2021

Keeping our eyes on inflation

Speech summary Toni Gravelle Surrey Board of Trade Surrey, British Columbia
Deputy Governor Toni Gravelle talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He explains the link between supply bottlenecks and high inflation and why the Bank thinks both will ease over time.
December 9, 2021

Economic progress report: A recovery unlike any other

Remarks (delivered virtually) Toni Gravelle Surrey Board of Trade Surrey, British Columbia
Deputy Governor Toni Gravelle provides an economic update and discusses the relationship between supply bottlenecks and inflation.

Measuring the Effectiveness of Salespeople: Evidence from a Cold-Drink Market

Staff Working Paper 2021-40 Haofeng Jin, Zhentong Lu
Salespeople are widely employed in many industries. We leverage a unique data set on retail sales from a leading Chinese cold-drink manufacturer and information on the firm’s salespeople assignment rule to measure the causal effect of salespeople on product revenue.
Content Type(s): Staff research, Staff working papers Topic(s): Labour markets, Service sector JEL Code(s): L, L8, L81, M, M3, M5
March 11, 2021

COVID-19, savings and household spending

Remarks (delivered virtually) Lawrence L. Schembri Restaurants Canada Toronto, Ontario
Deputy Governor Lawrence Schembri talks about the Bank’s latest interest rate announcement and discusses how COVID-19 has affected savings and the outlook household spending.
March 11, 2021

Household consumption in a pandemic

Speech summary Lawrence L. Schembri Restaurants Canada Toronto, Ontario
Deputy Governor Lawrence Schembri talks about how COVID-19 has affected household saving and spending patterns and discusses the Bank’s decision yesterday to leave the policy rate unchanged.
December 15, 2020

Strengthening our exports

Speech summary Tiff Macklem Greater Vancouver Board of Trade Vancouver, British Columbia
Governor Tiff Macklem talks about the importance of trade and exports to Canada’s economic recovery. He also talks about steps policy-makers and business can take to attract investment and improve competitiveness.
June 18, 2020

Spending patterns in a pandemic

Speech summary Lawrence L. Schembri Greater Saskatoon Chamber of Commerce Saskatoon, Saskatchewan
Deputy Governor Lawrence Schembri explains how household spending has changed because of COVID-19 and discusses why the Bank expects the recovery to have two phases.
June 18, 2020

Living with limits: household behaviour in Canada in the time of COVID-19

Remarks (delivered virtually) Lawrence L. Schembri Greater Saskatoon Chamber of Commerce Saskatoon, Saskatchewan
Deputy Governor Lawrence Schembri explains how the COVID-19 pandemic has affected household spending and economic activity, and discusses what the recovery is expected to look like.
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