Trade integration

• May 20, 2020

  Decisive actions in difficult times

  Timothy Lane CFA Society Winnipeg and the Manitoba Association for Business Economics Winnipeg, Manitoba

  Deputy Governor Timothy Lane talks about the Bank’s decisive actions in response to COVID-19, and how these will help Canadians now and in the future.

  Content Type(s): Press, Speeches Topic(s): Credit and credit aggregates, Credit risk management, Domestic demand and components, Financial institutions, Financial markets, Financial services, Financial stability, Fiscal policy, Housing, Inflation and prices, Inflation targets, Interest rates, International financial markets, Labour markets, Lender of last resort, Market structure and pricing, Monetary policy, Monetary policy implementation, Productivity, Recent economic and financial developments, Service sector, Trade integration, Transmission of monetary policy, Uncertainty and monetary policy
• May 20, 2020

  Policies for the Great Global Shutdown and Beyond

  Remarks Timothy Lane CFA Society Winnipeg and Manitoba Association for Business Economics Winnipeg, Manitoba

  Deputy Governor Timothy Lane explains how the Bank is helping Canadian households and businesses weather the COVID-19 crisis, and how our actions today are laying a solid foundation for our future economic recovery.

  Content Type(s): Press, Speeches Topic(s): Credit and credit aggregates, Credit risk management, Domestic demand and components, Financial institutions, Financial markets, Financial services, Financial stability, Fiscal policy, Housing, Inflation and prices, Inflation targets, Interest rates, International financial markets, Labour markets, Lender of last resort, Market structure and pricing, Monetary policy, Monetary policy implementation, Productivity, Recent economic and financial developments, Service sector, Trade integration, Transmission of monetary policy, Uncertainty and monetary policy

• Do Protectionist Trade Policies Integrate Domestic Markets? Evidence from the Canada-U.S. Softwood Lumber Dispute

  Staff Working Paper 2020-10 Jinggang Guo, Craig Johnston

  We consider the effects of protectionist trade policies on international and domestic market integration, using evidence from the long-standing softwood lumber trade dispute between Canada and the United States.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): International topics, Market structure and pricing, Trade integration JEL Code(s): F, F1, F13, Q, Q1, Q17

• Changing Fortunes: Long-Termism—G-Zero, Artificial Intelligence and Debt

  Staff Discussion Paper 2019-12 Stephen S. Poloz

  This paper discusses three long-term forces that are acting on the global economy and their implications for companies and policy-makers.

  Content Type(s): Staff Research, Staff Discussion Papers Topic(s): Financial stability, International topics, Monetary policy, Trade integration, Uncertainty and monetary policy JEL Code(s): E, E6, E63, F, F0, F02, F1, F15, F5, F53, F6, H, O, O1, O11, O3, O33
• 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 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

  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 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 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 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 Topic(s): Financial services, Financial stability, Housing, Recent economic and financial developments, 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 Topic(s): Recent economic and financial developments, Trade integration JEL Code(s): F, F1, F11, F13, F14, F15, F5, F50, F6, F62, F68