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The Bank of Canada's Senior Loan Officer Survey

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    Abstract

    The Bank of Canada maintains regular contact with financial institutions as part of the information-gathering process that feeds into the larger set of information used to arrive at its monetary policy decision. Since 1999, the Bank has been conducting a quarterly survey of the business-lending practices of major Canadian financial institutions. Analysis of the information collected shows that it is correlated with future growth in both credit and business investment. This article focuses on how the survey is conducted and describes the construction of the summary statistics, highlighting the key statistical relationships in the historical survey data.

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    File URL: http://www.bankofcanada.ca/wp-content/uploads/2010/06/faruqui.pdf
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    Bibliographic Info

    Article provided by Bank of Canada in its journal Bank of Canada Review.

    Volume (Year): 2008 (2008)
    Issue (Month): Autumn ()
    Pages: 57-64

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    Handle: RePEc:bca:bcarev:v:2008:y:2008:i:autumn08:p:57-64

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    Postal: 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada
    Phone: 613 782-8845
    Fax: 613 782-8874
    Web page: http://www.bank-banque-canada.ca/

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