Uncategorized

• December 5, 2019

  Canadian economy resilient despite global uncertainty

  Speech summary Timothy Lane Ottawa Board of Trade and Ottawa Business Journal Ottawa, Ontario

  Speaking a day after we decided to hold interest rates steady, Deputy Governor Timothy Lane explained that Canada’s economy remains resilient.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Monetary policy, Monetary policy framework, Recent economic and financial developments
• December 4, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

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

  Content Type(s): Press, Press releases
• November 30, 2019

  Research Update - November 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
• November 28, 2019

  Bank of Canada announces finalists for the fifth annual Governor’s Challenge

  Media Relations Ottawa, Ontario

  The Bank of Canada has announced the five finalist teams in the 2019-20 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• November 25, 2019

  CARR Meeting (November 25, 2019)

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

• Interconnected Banks and Systemically Important Exposures

  Staff Working Paper 2019-44 Alan Roncoroni, Stefano Battiston, Marco D’Errico, Grzegorz Halaj, Christoffer Kok

  How do banks' interconnections in the euro area contribute to the vulnerability of the banking system? We study both the direct interconnections (banks lend to each other) and the indirect interconnections (banks are exposed to similar sectors of the economy). These complex linkages make the banking system more vulnerable to contagion risks.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Financial stability JEL Code(s): C, C6, C63, G, G1, G15, G2, G21
• November 19, 2019

  Climate change is a big issue for central banks

  

  Erik Ens, Adrian Guerin

  Climate change is transforming the economy and financial system

  Content Type(s): Publications, The Economy, Plain and Simple Research Topic(s): Asset pricing, Climate change, Financial stability, Financial system regulation and policies, Inflation and prices, Market structure and pricing, Monetary policy and uncertainty
• November 19, 2019

  Researching the Economic Impacts of Climate Change

  Miguel Molico

  The Bank of Canada has a mandate to “promote the economic and financial welfare of Canada,” primarily through the conduct of monetary policy and promotion of a safe, sound and efficient financial system. Understanding the macroeconomic and financial system impacts of climate change and the transition to a low-carbon economy is therefore a priority for the Bank.

  Content Type(s): Staff research, Other Research Topic(s): Climate change
• November 19, 2019

  Canada’s financial system is resilient amid global uncertainty, Senior Deputy Governor Wilkins says

  Media Relations Montréal, Quebec

  The Canadian financial system and economy are in good shape to deal with whatever storms might arise from a weakening global context, Senior Deputy Governor Carolyn A. Wilkins said today.

  Content Type(s): Press, Press releases
• November 19, 2019

  Financial Stability in an Uncertain World (Full Remarks)

  Remarks Carolyn A. Wilkins International Finance Club of Montréal Montréal, Quebec

  Senior Deputy Governor Carolyn A. Wilkins provides an update on the Canadian financial system and discusses measures in place that increase its resilience in a challenging global environment.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Climate change, Financial institutions, Financial stability, Financial system regulation and policies, Housing, Trade integration