Canada

Bank of Canada Working Paper

RESEARCH - Bank of Canada Working Paper by David Andolfatto, Scott Hendry, and Kevin Moran, October 2002. Various measures indicate that inflation expectations evolve sluggishly relative to actual inflation. In addition, they often fail conventional…

Kennedy on Financial Markets and Monetary Policy

SPEECH - In the speech 'The Interaction of Financial Markets and Monetary Policy' made on 4 November, Sheryl Kennedy of the Bank of Canada said like a number of other central banks, we have a "blackout" period in the week before our announcements. No…

Bank of Canada won't tip its hand

CANADA - A deputy governor of the Bank of Canada answered its critics on Monday, telling a blue-chip crowd that it's not the central bank's job to fine-tune the markets' expectations about future interest rate moves.

Kennedy on the Bank of Canada in financial markets

SPEECH - In the speech 'The Bank of Canada's interest in financial markets' made on 28 October, Sheryl Kennedy said the Canadian economy has outperformed the other G7 countries over the past year but the economy is now operating fairly close to full…

Bank of Canada Monetary Policy Report

REPORT - Bank of Canada released its October 2002 Monetary Policy Report, 23 October. In the report the Bank of Canada said the Canadian economy has undergone a strong expansion with more rapid growth than all other G-7 countries over the past year…

Canada's c bank warns of spike in inflation

CANADA - The Bank of Canada said Wednesday economic growth will be lower than expected in the short term but inflation could still double the bank's target by year-end, as Canada continues to be pulled in opposite directions by uncertain global markets…

Dodge on the search for higher productivity

SPEECH - In the speech 'The Search for Higher Productivity' made on 17 October, David Dodge of the Bank of Canada said too much focus is placed on our day-to-day concerns with the global uncertainty. Over the long haul, the key to growing incomes and…

Speech by David Dodge, Bank of Canada, 5 Oct

SPEECH - In a speech on 'Dollarization and North American Integration', Dodge discusses the benefits and costs of a floating exchange rate versus dollarization, given the current conditions, and the implications for the floating exchange rate should the…

Bank of Canada research on monetary shocks

RESEARCH - This paper studies the persistent effects of monetary shocks on output. The paper constructs and estimates a general-equilibrium model with price rigidities, habit formation, and costly capital adjustment. Econometric results indicate that…

Speech by Charles Freedman, Bank of Canada, 2 Oct

SPEECH - In the speech titled 'The Role of Inflation Targets in the Canadian Economy' Freedman said that a monetary policy framework based on an explicit target for inflation has helped the Canadian economy to weather shocks, and will continue to do so…

Bank of Canada warns on inflation rate

CANADA - The Bank of Canada said yesterday inflation would remain higher than expected until the middle of 2003 but analysts said it was still too close to call whether the bank will raise interest rates at its next policy announcement on 16 October.

Speech by David Dodge of Bank of Canada, 18 Sep

SPEECH - In a speech titled 'Canada's Economic Performance After an Eventful Year' Dodge predicted further economic expansion and reiterated that the bank is ready to raise interest rates as needed to dampen inflation. He said the domestic economy has…

Canada's Dodge leans toward rate hike

CANADA - David Dodge, the governor of the Bank of Canada, indicated Thursday that external factors would guide the central bank's short-term monetary policy, but the bank's preference would be to raise interest rates to slow down the domestic economy.

Speech by David Dodge of Bank of Canada, 31 Aug

SPEECH - In the speech titled 'Macroeconomic Stabilization Policy in Canada' Dodge said that clear monetary and fiscal objectives, combined with clear accountability for meeting those objectives, provide the background for policy co-operation and…

It's time to create the 'amero'

ARTICLE - In an article in the Canadian National Post on Friday Herbert Grubel introduces the idea of the 'amero' a single currency between Canada the USA and possibly Mexico along the same lines as the euro. He also tries to unravel some apparent…

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.