the overnight repo rate and Bank of Canada liquidity provision tend to rise in these windows. This paper proposes three …

Canada, and (ii) how business perspectives are affected by monetary policy shocks. Measures of business sentiment (soft data … effects of monetary policy shocks on firms' business perspectives using data from the Bank of Canada's quarterly Business …

We use narrative evidence along with a novel database of real-time data and forecasts from the Bank of Canada's staff … monetary policy in Canada. We show that it is crucial to take into account the break in the conduct of monetary policy caused … fall in the price level, while not accounting for the break leads to a permanent decrease in real GDP and a price puzzle …

dynamics of the neutral rate in Canada from 1980 to 2018. We find that changes in both foreign and domestic factors resulted in …

expansionary and a contractionary monetary policy episode in Canada. Our identification takes advantage of the fact that the … interest rates of short-term fixed-rate mortgages (the dominant product in Canada's mortgage market) have to be reset according …

In Canada, targeting the inflation rate was intended as a temporary measure during a transition to price …

I propose a novel dynamic portfolio-balance model of the yield curve for Government of Canada bonds to evaluate the … portfolio-balance effects of the Bank of Canada's Government of Canada Bond Purchase Program. My results suggest that this … Government of Canada's debt by approximately 1.4 years. This in turn reduced Canadian 10-year and 5-year zero-coupon yields by 84 …