Bank of Canada

This tag is associated with 4 posts

Bank of Canada – Toward a dual mandate

The Bank of Canada will review its monetary policies and is open to making major changes, including a move away from its long-standing practice of targeting inflation, a senior official said on Tuesday. A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie The deadline for … Continue reading

Canada – Still 270,000 jobs short of full employment says Carolyn Wilkins, Governor Stephen Poloz’s top deputy,

The economy is still 270,000 jobs short of full employment Carolyn Wilkins, Governor Stephen Poloz’s top deputy, warned in a speech  Growing angst about the sluggish pace of job creation could provide more cover for the Bank of Canada to lower interest rates again. Carolyn Wilkins, Governor Stephen Poloz’s top deputy, warned in a speech … Continue reading

Canada – Having something unpaid on your CV is very worth it says Bank of Canada governor Stephen Poloz

Labour lawyers and economists are criticizing Bank of Canada governor Stephen Poloz over comments he made suggesting that youth work for free in order to avoid the “scarring” of long-term joblessness. Poloz cited the problem of graduates living in their parents’ basements, unable to find work. “The longer it takes for a jobless youth to … Continue reading

Canada – The job recovery is overstated says a Bank of Canada’s study

The Bank of Canada says the country’s job-creation record since the recession is likely a little less impressive than the fall in the unemployment rate would suggest. The central bank says in a new research paper that the unemployment rate, although the most quoted measure of labour market health, has overestimated the jobs recovery in … Continue reading

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