Financial stability

• June 25, 2015

  Building Trust, Not Walls: The Case for Cross-Border Financial Integration

  Remarks Lawrence L. Schembri Windsor–Essex Regional Chamber of Commerce Windsor, Ontario

  Deputy Governor Lawrence Schembri discusses the need to address cross-border obstacles to greater financial integration.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Financial institutions, Financial markets, Financial stability, Financial system regulation and policies, International financial markets, International topics

• Productive Misallocation and International Transmission of Credit Shocks

  Staff Working Paper 2015-19 Yuko Imura, Julia Thomas

  We develop an asymmetric, two-country equilibrium business cycle model to study the role of international trade in transmitting and propagating the real effects of global financial shocks. Our model predicts that a recession in a large economy considerably alters a recession in its smaller trade partner, with distinct investment dynamics driving the transmission.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Economic models, Financial markets, Financial stability, International topics JEL Code(s): E, E2, E22, E3, E32, E4, E44, F, F4, F41, F44
• June 11, 2015

  Release of the Financial System Review

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Financial System Review.

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Credit and credit aggregates, Financial stability, Financial system regulation and policies, Housing, Regional economic developments, Sectoral balance sheet
• June 11, 2015

  Assessing Vulnerabilities in the Canadian Financial System

  Financial System Review - June 2015 Ian Christensen, Gitanjali Kumar, Césaire Meh, Lorie Zorn

  The authors present the four common cyclical vulnerabilities that appear in financial systems, providing examples of qualitative and quantitative indicators used to monitor these vulnerabilities across different sectors. They also discuss other inputs to the vulnerability assessment and to the internal process used at the Bank of Canada for identifying, evaluating and communicating vulnerabilities and risks, and highlight some of the key challenges in assessing financial system vulnerabilities and risks.

  Content Type(s): Publications, Financial System Review articles Research Topic(s): Financial stability JEL Code(s): G, G0, G01, G1, G10, G2, G20
• June 8, 2015

  Panel remarks for round table discussion at the 21st Conference of Montréal

  Remarks Carolyn A. Wilkins 21st Conference of Montréal: International Economic Forum of the Americas Montréal, Quebec

  Introduction Thank you for the invitation to be here today. I’m honoured to be part of this panel. It’s been more than seven years since the global financial crisis began, and we’re still coping with its aftermath. One of the consequences of the crisis has been a disruption of financial globalization. Global capital flows—to give […]

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Credit risk management, Financial markets, Financial stability, Financial system regulation and policies, International financial markets, International topics