Posts

• April 16, 2026

  CIMPA Meeting (April 16, 2026)

  Content Type(s): Meetings Source(s): Collateral Infrastructure and Market Practices Advisory Group
• April 16, 2026

  CORRA Advisory Group Meeting (April 16, 2026)

  Content Type(s): Meetings Source(s): CORRA Advisory Group
• April 16, 2026

  Bank of Canada Media Interview – Bloomberg News

  Tiff Macklem, in his capacity as Chair of the Financial Stability Board’s Standing Committee for the Assessment of Vulnerabilities, gave an interview to Laura Noonan of Bloomberg News.

  Content Type(s): Press, Media advisories

• When parents co‑sign a mortgage to help their adult children buy their first home

  

  Sparks at Bank article Shaoteng Li

  Rising housing costs are leading to an increasing share of first-time homebuyers seeking financial support from their parents. Specifically, Canada has experienced a noticeable rise in instances of parents co-signing mortgages with their adult children. This practice allows buyers to purchase more expensive homes—but it can also make both parties vulnerable to financial disruptions.

  Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Financial system, Financial stability and systemic risk, Household and business credit

• Inflation vs Inclusion: Stabilization Policy in the Wake of the Pandemic

  Staff working paper 2026-13 Felipe Alves, Giovanni L. Violante

  As the economy emerges from a crisis, macroeconomic policy confronts a dilemma: a protracted stimulus can foster a more inclusive labor market recovery, yet risks igniting inflation that ultimately undermines workers’ welfare through real income erosion. This tension amplifies in the presence of the ZLB and aggregate capacity constraints. We embed this insight into a quantitative model of the US economy.

  Content Type(s): Staff research, Staff working papers JEL Code(s): E, E2, E21, E24, E3, E31, E32, E5, E52, J, J2, J24, J6, J64 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission

• The Impact of Mortgage Interest Costs on Rental Inflation Amid Population Growth

  Staff analytical paper 2026-14 Amina Enkhbold, Serdar Kabaca

  This note finds evidence of a positive and nonlinear relationship between mortgage interest costs (MIC) and rental inflation: the impact of MIC on rents is small when population growth is near its historical norm, but significantly stronger during periods of rapid population growth.

  Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E3, E31, E32, E5, E52 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission

• Supply Shocks in the Fog: The Role of Endogenous Uncertainty

  Staff working paper 2026-12 Anastasiia Antonova, Mykhailo Matvieiev, Celine Poilly

  Recessions feature elevated uncertainty. We develop a nonlinear imperfect-information New Keynesian model where procyclical information quality generates endogenous countercyclical uncertainty and precautionary saving. This demand channel can overturn the inflationary impact of negative supply shocks, making them deflationary, unless monetary policy stabilizes the output gap.

  Content Type(s): Staff research, Staff working papers JEL Code(s): D, D8, D81, D83, E, E2, E21, E3, E32, E5, E52 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission
• April 8, 2026

  Spring 2026 Debt Management Strategy Consultations

  The Department of Finance and the Bank of Canada are seeking the views of government securities distributors, institutional investors, and other interested parties on the Government of Canada’s domestic debt program and relevant market developments.

  Content Type(s): Press, Market notices
• April 8, 2026

  Bank of Canada announces 2025‑26 scholarship recipients 

  The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for the Master Scholarship Award for Women in Economics and Finance.

  Content Type(s): Press, Announcements Source(s): Scholarship awards

• Measuring how financial sector economists respond to the tone of Bank of Canada communications

  

  Sparks at Bank article Amanda Wang, Xu Zhang, Xinfen Han

  The words central banks use to explain policy decisions matter. They can, in some cases, affect financial markets just like changes in policy interest rates do. For this reason, we built a tool to track the tone of the Bank of Canada’s policy communications and assess how tone affects market perceptions.

  Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Monetary policy framework and transmission, Monetary policy tools and implementation