Climate change - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T09:33:59+00:00Bank of Canada contributes to new publications by the Network for Greening the Financial System
https://www.bankofcanada.ca/2020/06/bank-canada-contributes-new-publications-network-greening-financial-system/
As a member of the Central Banks and Supervisors Network for Greening the Financial System (NGFS), the Bank of Canada contributed to three publications that aim to improve global understanding of the impact of climate change on the financial system and world economy.2020-06-24T09:30:28+00:00enBank of Canada contributes to new publications by the Network for Greening the Financial System2020-06-24Household indebtedness risks in the wake of COVID‑19
https://www.bankofcanada.ca/2020/06/staff-analytical-note-2020-8/
COVID-19 presents challenges for indebted households. We assess these by drawing parallels between pandemics and natural disasters. Taking into account the financial health of the household sector when the pandemic began, we run model simulations to illustrate how payment deferrals and the labour market recovery will affect mortgage defaults.2020-06-05T10:00:32+00:00enHousehold indebtedness risks in the wake of COVID‑192020-06-05