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This paper investigates whether commodity convenience yields - the yields that accrue to the holders of physical commodities - can predict the exchange rate of commodity-exporters' currencies. Predictability is a consequence of the fact that i) convenience yields are useful predictors for...
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federal policy option for economic diversification, Canada's bilateral trade agreements have underperformed even as energy … exports continue to rise. Given Canada's structural relationship to the global economy and the very low levels of … ones. Even though Canada's pattern of bilateral trade agreements to date does not suggest a coordinated attempt to unlock a …
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This paper presents estimates of intangible investment in Canada for the purpose of innovation, advertising and …, mineral exploration by industry) using Statistics Canada's high quality and internally consistent databases. It produces …
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This paper examines Ontario's and Quebec's adjustments to the resource boom. Higher commodity prices, an appreciating dollar, and increased foreign competition between 2002 and 2007 led to a restructuring of the Central Canadian economies. The restructuring manifested itself in all areas of the...
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