Can impact economic models and decision-making processes, BoC governor says.
Leduc will join the governing council, which is responsible for monetary policy and financial system stability decisions.
Central bank suggests curbing debt and fiscal stimulus are tools that should be used alongside monetary policy.
Survey expected to fill a gap in the bank’s existing information sources and analyze issues related to the health of the labour market.
Three-year plan will explore lessons learned since the financial crisis and brace for turbulence that may lie ahead.
What are we to make of the Bank of Canada’s recent decision to trim its short-term policy interest rate by another 25 basis points, taking it to a near record low level of 0.5%? The Bank is frankly acknowledging the…
Craig Alexander will become the think-tank’s vice-president for economic analysis in September.
Poloz has studiously avoided giving even a hint of his stance on interest rates since taking over for Mark Carney.
But remain split on best approach to stimulate global economy.
BoC governor says manipulating the loonie would work only in the short term.
A reduction in debt need over the medium term.
Private sector economists suggests Canada’s low interest rates are here to stay.