Trade integration
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May 6, 2019
Risk Sharing, Flexibility and the Future of Mortgages
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. -
May 6, 2019
Poloz talks mortgages: Innovation could improve flexibility
Stephen S. Poloz, Governor of the Bank of Canada, speaks before the Canadian Credit Union Association and the Winnipeg Chamber of Commerce. -
April 1, 2019
Poloz talks trade: Canada’s services a bright spot
Stephen S. Poloz, Governor of the Bank of Canada, will speak before the Baffin Regional Chamber of Commerce (BRCC) and the Nunavut Mining Symposium. -
April 1, 2019
Turbulent Times for Trade
Governor Poloz talks about slowing international trade and how Canada’s rapidly growing services industries can help drive exports and growth. -
The Trade War in Numbers
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. -
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Market Size and Entry in International Trade: Product Versus Firm Fixed Costs
This paper develops a theoretical framework to infer the nature of fixed costs from the relationship between entry patterns in international markets and destination market size. If fixed costs are at the firm level, firms take advantage of an intrafirm spillover by expanding firm-level product range (scope). -
September 6, 2018
An Update on Canada’s Economic Resilience
Senior Deputy Governor Wilkins discusses economic developments since the July Monetary Policy Report and Governing Council’s deliberations leading to yesterday’s policy rate decision. -
Estimating the Impacts of Tariff Changes: Two Illustrative Scenarios
We build upon new developments in the international trade literature to construct a quantitative Ricardian framework similar to Caliendo and Parro (2015) to isolate and estimate the long-run economic impacts of tariff changes.