Posts

• May 8, 2025

  Wall Street Journal

  

  Carolyn Rogers, Senior Deputy Governor of the Bank of Canada
  Interview with the Wall Street Journal

  Content Type(s): Press, Media activities

• Are Hedge Funds a Hedge for Increasing Government Debt Issuance?

  Staff Discussion Paper 2025-7 Adam Epp, Jeffrey Gao

  This paper studies the rapid increase since 2019 of Government of Canada (GoC) debt issuance alongside greater hedge fund participation at GoC bond auctions. We find a systematic relationship between GoC debt stock and hedge fund bidding shares at auction.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Debt management, Financial institutions, Financial markets, Financial stability JEL Code(s): D, D4, D44, G, G1, G12, G2, G23, H, H6, H63
• May 8, 2025

  The Bank of Canada releases the 2025 Financial Stability Report

  The Financial Stability Report will be released on Thursday, May 8, 2025.

  Content Type(s): Press, Media advisories
• May 8, 2025

  Financial Stability Report—2025

  

  Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Rhys R. Mendes, Nicolas Vincent, Michelle Alexopoulos

  Canada’s financial system is resilient. Overall, households, businesses, banks and non-bank financial intermediaries successfully weathered the pandemic, a period of elevated inflation, and sharp increases in interest rates. But the trade war currently threatens the Canadian economy and poses risks to financial stability.

  Content Type(s): Publications, Financial Stability Report
• May 8, 2025

  Financial System Survey highlights—2025

  This article presents the key results from the 2025 Bank of Canada Financial System Survey, conducted between February 10 and 28. The survey included a special section on scenarios that could lead to a severe repricing in financial markets in the near term.

  Content Type(s): Publications, Financial System Survey
• May 8, 2025

  Release of the Financial Stability Report

  Opening statement Tiff Macklem, Carolyn Rogers Ottawa, Ontario

  Press conference following the release of the Financial Stability Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Business fluctuations and cycles, Debt management, Financial institutions, Financial markets, Financial stability, Financial system regulation and policies, International financial markets, Recent economic and financial developments
• May 8, 2025

  Bank of Canada Media Interview – Wall St. Journal

  Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, gave an interview to Paul Vieira of the Wall St. Journal.

  Content Type(s): Press, Media advisories
• May 6, 2025

  CFIF Meeting (May 6, 2025)

  Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
• May 1, 2025

  Bank of Canada announces 2024–25 scholarship recipients

  The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students, LGBTQ2S+ students, francophones, and students who identify as a woman or as a member of a visible minority or racialized group.

  Content Type(s): Press, Announcements Source(s): Scholarship awards
• April 30, 2025

  Addition of One Government Securities Distributor for Government of Canada Securities

  The Bank of Canada, on behalf of the Government of Canada, announces the addition of one new Government Securities Distributor (GSD) for Government of Canada marketable bonds and treasury bills.

  Content Type(s): Press, Market notices