Hossein Hosseini - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T08:47:40+00:00Flood risk and residential lending
https://www.bankofcanada.ca/2024/01/flood-risk-and-residential-lending/
We present key findings of a recent study that evaluates the credit risk that flooding poses to the residential lending activities of Canadian banks and credit unions. Results show that such risk currently appears modest but could become larger with climate change.2024-01-15T15:00:26+00:00enFlood risk and residential lending2024-01-15Climate-Related Flood Risk to Residential Lending Portfolios in Canada
https://www.bankofcanada.ca/2023/12/staff-discussion-paper-2023-33/
We assess the potential financial risks of current and projected flooding caused by extreme weather events in Canada. We focus on the residential real estate secured lending (RESL) portfolios of Canadian financial institutions (FIs) because RESL portfolios are an important component of FIs’ balance sheets and because the assets used to secure such loans are immobile and susceptible to climate-related extreme weather events.2023-12-20T15:56:24+00:00enClimate-Related Flood Risk to Residential Lending Portfolios in Canada2023-12-20Central bank researchClimate changeCredit risk managementEconometric and statistical methodsFinancial institutionsFinancial stabilityStaff Discussion Paper 2023-33https://www.bankofcanada.ca/wp-content/uploads/2023/12/sdp2023-33.pdfClimate-Related Flood Risk to Residential Lending Portfolios in CanadaCraig JohnstonGeneviève ValléeHossein HosseiniBrett LindsayMiguel MolicoMarie-Christine TremblayAidan WittsDecember 2023CC8C81GG2G21QQ5Q54An Investigation into the Effects of Border Carbon Adjustments on the Canadian Economy
https://www.bankofcanada.ca/2023/05/staff-working-paper-2023-27/
We examine the economic implications of border carbon adjustments (BCAs) for Canada. We find that, BCAs, in the form of import tariffs, reduce Canada’s carbon leakage and improve its competitiveness when Canada is part of a broad coalition of BCA-implementing countries. Welfare also improves when tariff revenues are transferred to households.2023-05-29T11:11:35+00:00enAn Investigation into the Effects of Border Carbon Adjustments on the Canadian Economy2023-05-29Climate changeInternational topicsTrade integrationStaff Working Paper 2023-27https://www.bankofcanada.ca/wp-content/uploads/2023/05/swp2023-27.pdfAn Investigation into the Effects of Border Carbon Adjustments on the Canadian EconomyY.-H. Henry ChenHossein HosseiniCraig JohnstonSergey PaltsevMarie-Christine TremblayMay 2023CC6C68FF1HH2QQ3Q37Q5Assessing Climate-Related Financial Risk: Guide to Implementation of Methods
https://www.bankofcanada.ca/2022/01/technical-report-120/
A pilot project on climate transition scenarios by the Bank of Canada and the Office of the Superintendent of Financial Institutions assessed climate-related credit and market risks. This report describes the project’s methodologies and provides guidance on implementing them.2022-01-14T12:00:37+00:00enAssessing Climate-Related Financial Risk: Guide to Implementation of Methods2022-01-14Climate changeCredit and credit aggregatesEconometric and statistical methodsFinancial stabilityTechnical Report 2022-120https://www.bankofcanada.ca/wp-content/uploads/2021/11/tr120.pdfHossein HosseiniCraig JohnstonCraig LoganMiguel MolicoXiangjin ShenMarie-Christine TremblayJanuary 2022CC5C53C8C83GG1G3G32Transition Scenarios for Analyzing Climate-Related Financial Risk
https://www.bankofcanada.ca/2022/01/staff-discussion-paper-2022-1/
Climate transition scenarios clarify climate-related risks to our economy and financial system. This paper summarizes key results of Canada-relevant scenarios developed in a pilot project on climate risk by the Bank of Canada and the Office of the Superintendent of Financial Institutions.2022-01-13T14:04:27+00:00enTransition Scenarios for Analyzing Climate-Related Financial Risk2022-01-13Climate changeEconomic modelsFinancial stabilityInternational topicsStaff Discussion Paper 2022-1https://www.bankofcanada.ca/wp-content/uploads/2021/11/sdp2022-1.pdfY.-H. Henry ChenErik EnsOlivier GervaisHossein HosseiniCraig JohnstonSerdar KabacaMiguel MolicoSergey PaltsevAlex ProulxArgyn ToktamyssovJanuary 2022CC6C68DD5D58EE5E50OO4O44PP1P18QQ5Q54