Posts

• September 23, 2021

  Delivering on Our Promise: The Bank of Canada’s 2022–24 Strategic Plan

  As the Canadian economy is reshaped by new opportunities and potentially disruptive challenges, our three-year strategic plan draws on valuable insights and innovative thinking from across the Bank. It defines the goals and priorities that will guide the work ahead as we deliver on our promise to Canadians.
• September 23, 2021

  Amplifying our impact

  Leveraging the Bank’s expertise, achievements and reputation, we will forge and strengthen partnerships, share innovative tools and insights, and find opportunities to lead the conversation on major challenges facing the Canadian and global economies. By sharing the value of what we have learned with others, we will further advance our vision: to be a leading central bank.
• September 23, 2021

  RPAC Meeting (September 23 and 24, 2021)

  Topics: Registration scope, registration process

  Content Type(s): Meetings Source(s): Retail Payments Advisory Committee
• September 22, 2021

  Advance provision of benchmark details for Government of Canada bond auctions

  Effective immediately, the Bank of Canada, as fiscal agent to the Government of Canada, is announcing that benchmark details (maturity date) for Government of Canada bonds will now be published ahead of each fiscal quarter within its existing Quarterly Bond Schedule publications.

  Content Type(s): Press, Market notices

• Can the characteristics of new mortgages predict borrowers’ financial stress? Insights from the 2014 oil price decline

  Staff Analytical Note 2021-22 Olga Bilyk, Ken Chow, Yang Xu

  We study the relationship between characteristics of new mortgages and borrowers’ financial stress in Canada’s energy-intensive regions following the 2014 collapse in oil prices. We find that borrowers with limited home equity were more likely to have difficulty repaying debt.

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Credit and credit aggregates, Econometric and statistical methods, Financial stability, Housing JEL Code(s): C, C2, C25, D, D1, D14, G, G2, G21, G5, G51, R, R2, R21
• September 20, 2021

  Operational details for upcoming secondary market purchases of Government of Canada securities (September 27–October 8)

  As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• September 15, 2021

  CFIF Meeting (September 15, 2021)

  Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
• September 14, 2021

  CFEC Meeting (September 14, 2021)

  Conference Call

  Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee

• Rising US LNG Exports and Global Natural Gas Price Convergence

  Staff Discussion Paper 2021-14 Robert Ialenti

  We assess how rising exports of US liquefied natural gas affect the convergence of natural gas prices worldwide. Our results may have implications for the development of future LNG export capacity in Canada.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): International topics, Market structure and pricing JEL Code(s): C, C3, C32, F, F1, F15, K, K4, K41, L, L9, L95

• Canadian housing supply elasticities

  Staff Analytical Note 2021-21 Nuno Paixão

  We explain how housing supply elasticities for Canadian cities are estimated. The procedure we use exploits the systematic differences in various cities’ sensitivity to regional house-price cycles.

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Housing JEL Code(s): R, R1, R14, R3, R31, R5, R52