September 14, 2017
Inflation and prices
-
-
July 12, 2017
Monetary Policy Report Press Conference Opening Statement
Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. -
June 12, 2017
Canadian Economic Update: Strength in Diversity
Senior Deputy Governor Carolyn A. Wilkins talks about encouraging signs that growth is broadening across Canada’s regions and sectors. -
Downward Nominal Wage Rigidity, Inflation and Unemployment: New Evidence Using Micro‐Level Data
Recent evidence suggests that the extent of downward nominal wage rigidity (DNWR) in the Canadian labour market has risen following the 2008–09 recession (see Brouillette, Kostyshyna and Kyui 2016). -
March 21, 2017
Getting Down to Business: Investment and the Economic Outlook
Deputy Governor Lawrence Schembri discusses the factors affecting business investment and the implications for the economic outlook. -
February 9, 2017
Getting to the Core of Inflation
Deputy Governor Lawrence Schembri discusses the uses and measures of core inflation in the conduct of monetary policy. -
Price-Level Dispersion versus Inflation-Rate Dispersion: Evidence from Three Countries
Inflation can affect both the dispersion of commodity-specific price levels across locations (relative price variability, RPV) and the dispersion of inflation rates (relative inflation variability, RIV). Some menu-cost models and models of consumer search suggest that the RIV-inflation relationship could differ from the RPV-inflation relationship. -
January 18, 2017
Monetary Policy Report Press Conference Opening Statement
Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. -
Comparing Forward Guidance and Neo-Fisherianism as Strategies for Escaping Liquidity Traps
What path should policy-makers select for the nominal rate when faced with a liquidity trap during which the effective lower bound binds? -
October 24, 2016
Renewal of the Inflation-Control Target (October 2016)
Commentary and technical data relating to the 2016 target renewal.