Posts

• May 31, 2019

  Bank of Canada Media Interview – Financial Post

  Carolyn A. Wilkins, Senior Deputy Governor of the Bank of Canada, gave an interview to Kevin Carmichael of the Financial Post. The story will be available at https://business.financialpost.com/ and in the paper in the coming days.

  Content Type(s): Press, Media advisories
• May 31, 2019

  Research Update - May 2019

  This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.

  Content Type(s): Staff research, Research newsletters

• Bank Market Power and Central Bank Digital Currency: Theory and Quantitative Assessment

  Staff Working Paper 2019-20 Jonathan Chiu, Mohammad Davoodalhosseini, Janet Hua Jiang, Yu Zhu

  We show that issuing a deposit-like central bank digital currency (CBDC) with a proper interest rate would encourage banks to pay higher interest to keep their customers. Banks would then attract more deposits and offer more loans. Hence, a CBDC would not necessarily crowd out private banking.

  Content Type(s): Staff research, Staff working papers Topic(s): Digital currencies and fintech, Market structure and pricing, Monetary policy, Monetary policy framework JEL Code(s): E, E5, E50, E58
• May 30, 2019

  Economic Progress Report: Investing in Growth

  Remarks Carolyn A. Wilkins Calgary Chamber of Commerce Calgary, Alberta

  Senior Deputy Governor Carolyn A. Wilkins talks about the importance of business investment to the Canadian economy and reviews the latest interest rate decision.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Interest rates, Monetary policy, Potential output, Productivity, Recent economic and financial developments
• May 30, 2019

  Economic progress depends on business investment

  Speech summary Carolyn A. Wilkins Calgary Chamber of Commerce Calgary, Alberta

  Senior Deputy Governor Carolyn A. Wilkins talks about the importance of business investment to the Canadian economy and reviews the latest interest rate decision.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Interest rates, Monetary policy, Potential output, Productivity, Recent economic and financial developments
• May 30, 2019

  Speech by Carolyn A. Wilkins, Senior Deputy Governor of the Bank of Canada

  On Thursday, May 30, 2019, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins will speak before the Calgary Chamber of Commerce.

  Content Type(s): Press, Media advisories
• May 29, 2019

  Quarterly Financial Report - First Quarter 2019

  Quarterly Financial Report - First Quarter 2019 - For the period ended 31 March 2019

  Content Type(s): Publications, Quarterly Financial Report
• May 29, 2019

  Bank of Canada Interest Rate Announcement

  On Wednesday, May 29, 2019, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision.

  Content Type(s): Press, Media advisories
• May 29, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.

  Content Type(s): Press, Press releases
• May 27, 2019

  CARR Meeting (May 27, 2019)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group