Bank of Canada
BOCPaper
Commodity booms narrow the skilled-worker income gap
A 10 percent commodity price increase reduces the skilled-to-unskilled labor income gap by 2.1 percent after four years, Emilio Colombi finds.
Focus
BOCPaper
Offshoring divides US incumbent support along education lines
Offshoring increases incumbent support in graduate-heavy US counties but reduces it in manufacturing-heavy counties.
BOCPaper
Credible projections curb the inflation cost of looking through
Credible inflation and output projections make weaker responses to supply-driven inflation more effective in a Bank of Canada experiment.
Latest
BOCPaper
AI-sector episodes weigh most on UK financial return asymmetry
AI-sector scenarios make the largest contribution to downside asymmetry in UK financial returns, but little in Canada.
BOCDecoder
Population growth slows to 0.5 percent as workforce ages
Canada's population growth slowed to 0.5 percent in 2025, marking the weakest expansion in over a century.
BOCPaper
Supply chains drive two-thirds of tariff price impacts
Higher tariffs on intermediate imports transmit two-thirds of their total consumer price impact through domestic supply chains, according to a Bank of Canada staff working paper.
More Topics
BOCPaper
Tariffs raise Canadian prices by 0.66 percent, paper finds
A 25 percent retaliatory tariff on US imports raises Canada's aggregate price index by 0.66 percent, well below the 1.25 percent implied by direct pass-through.
BOCSpeech
Interest rates cannot solve housing affordability, Rogers warns
Bank of Canada Senior Deputy Governor Carolyn Rogers stated that the central bank cannot use monetary policy to target home prices.
BOCSpeech
Policy rates cannot fix housing affordability, Rogers says
Bank of Canada Senior Deputy Governor Carolyn Rogers stated that monetary policy cannot fix Canada’s housing affordability crisis.
BOCSpeech
Tri-party repo and term tools safeguard overnight rate control
The Bank of Canada plans to join the CCMS tri-party repo platform in early 2027 and expand central clearing by 2028 to reinforce policy transmission.
BOCDecoder
US tariffs and shifting global trade weigh on Canadian growth
US tariffs introduced in early 2025 and shifting global supply chains are forcing Canadian companies to restructure trade relationships, according to a Bank of Canada analysis published on September 24, 2026.
BOCSpeech
Macklem warns tariffs and oil prices threaten Canadian recovery
Speaking in Halifax on September 21, 2026, Bank of Canada Governor Tiff Macklem warned that renewed US tariffs and elevated global oil prices threaten to stall economic growth while keeping headline inflation near 3 percent.