Uncategorized

• September 1, 2022

  Bank of Canada launches the 2023 Fellowship Program awards

  The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2023 Fellowship and Governor’s awards.

  Content Type(s): Press, Announcements Source(s): Fellowship Program
• August 31, 2022

  Research Update - August 2022

  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
• August 29, 2022

  Macroeconomic Implications of Migration

  Workshop held on August 29 and 30, 2022.

  Content Type(s): Conferences and workshops
• August 29, 2022

  CARR Meeting (August 29, 2022)

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

• COVID-19 and Financial Stability: Practice Ahead of Theory

  Staff Discussion Paper 2022-18 Jing Yang, Hélène Desgagnés, Grzegorz Halaj, Yaz Terajima

  The COVID-19 pandemic uncovered policy challenges related to the economic measures that were taken to support the economy. Two years later, we attempt to identify the broader impact of these measures and research that needs to follow.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Coronavirus disease (COVID-19), Financial stability, Financial system regulation and policies JEL Code(s): E, E5, E58, E6, E61, G, G2, G21, H, H3, H8, H84

• Cash, COVID-19 and the Prospects for a Canadian Digital Dollar

  Staff Discussion Paper 2022-17 Walter Engert, Kim Huynh

  We provide an analysis of cash trends in Canada before and during the COVID-19 pandemic. We also consider the potential two scenarios for issuance of a central bank digital currency in Canada: the emergence of a cashless society or the widespread use of an alternative digital currency in Canada. Finally, we discuss the Canadian experience in maintaining cash as an efficient and accessible method of payment and store of value.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Bank notes, Central bank research, Coronavirus disease (COVID-19), Digital currencies and fintech, Econometric and statistical methods JEL Code(s): C, C1, C12, C9, E, E4, O, O5, O54
• August 25, 2022

  Quarterly Financial Report - Second Quarter 2022

  Quarterly Financial Report - Second Quarter 2022 - For the period ended June 30, 2022

  Content Type(s): Publications, Quarterly Financial Report
• August 25, 2022

  Bank of Canada launches process to appoint new non-executive Deputy Governor

  Media Relations Ottawa, Ontario

  Further to the announcement that Deputy Governor Timothy Lane will be retiring from the Bank on September 16, the Board of Directors of the Bank has initiated a recruitment process to fill the vacancy on Governing Council.

  Content Type(s): Press, Press releases

• BoC–BoE Sovereign Default Database: What’s new in 2022?

  Staff Analytical Note 2022-11 David Beers, Elliot Jones, Karim McDaniels, Zacharie Quiviger

  The BoC–BoE database of sovereign debt defaults, published and updated annually by the Bank of Canada and the Bank of England, provides comprehensive estimates of stocks of government obligations in default.

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Debt management, Development economics, Financial stability, International financial markets JEL Code(s): F, F3, F34, G, G1, G10, G14, G15

• Has wage setting changed in Canada? Evidence from the pre-pandemic 2020 Wage-Setting Survey

  Staff Analytical Note 2022-10 David Amirault, Sarah Miller, Matthieu Verstraete

  Just before the pandemic began, the Bank of Canada conducted the 2020 Wage-Setting Survey. The goal was to explore the unusual trend of subdued wage growth in 2018 and 2019 despite a tightening in the labour market. Although this wage puzzle was beginning to resolve at the time of the survey, results highlight changes in several factors that may have important impacts on wage dynamics.

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Central bank research, Labour markets JEL Code(s): J, J3, J31, J32, J33, J6, J63