Posts

• April 24, 2023

  Annual Report 2022

  

  The Annual Report outlines the Bank’s activities and achievements in 2022. It includes the financial statements and a message from Governor Tiff Macklem.

  Content Type(s): Publications, Annual Report
• April 24, 2023

  Bank of Canada Disclosure of Climate-Related Risks 2022

  This report lays out elements of the Bank’s strategy related to climate change and details how the issue will be managed holistically across the organization, following the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures.

  Content Type(s): Publications, Disclosure of Climate-Related Risks

• Pricing Indefinitely Lived Assets: Experimental Evidence

  Staff Working Paper 2023-25 John Duffy, Janet Hua Jiang, Huan Xie

  We study the trading of an asset with bankruptcy risk. The traded price of the asset is, on average, 40% of the expected total dividend payments. We investigate which economic models can explain the low traded price.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Asset pricing, Financial markets JEL Code(s): C, C9, C91, C92, D, D8, D81, G, G1, G12
• April 24, 2023

  The Bank of Canada releases its Annual Report for 2022

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2022 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• April 24, 2023

  Bank of Canada releases first report about climate risks to its mandate and operations

  Media Relations Ottawa, Ontario

  The Bank of Canada has released its first annual report outlining the risks that climate change poses to its mandate and operations.

  Content Type(s): Press, Press releases
• April 24, 2023

  Market Participants Survey—First Quarter of 2023

  The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

  Content Type(s): Publications, Market Participants Survey
• April 24, 2023

  CARR Meeting (April 24, 2023)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
• April 20, 2023

  Opening Statement before the Standing Senate Committee on Banking, Commerce and the Economy

  Opening statement Tiff Macklem Standing Senate Committee on Banking, Commerce and the Economy Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 18, 2023

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements

• From LVTS to Lynx: Quantitative Assessment of Payment System Transition

  Staff Working Paper 2023-24 Ajit Desai, Zhentong Lu, Hiru Rodrigo, Jacob Sharples, Phoebe Tian, Nellie Zhang

  We quantitatively assess the changes in participants’ payment behaviour from modernizing Canada's high-value payments system to Lynx. Our analysis suggests that Lynx's liquidity-saving mechanism encourages liquidity pooling and early payments submission, resulting in improved efficiency for participants but with slightly increased payment delays.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Financial institutions, Financial services, Financial system regulation and policies, Payment clearing and settlement systems JEL Code(s): C, C1, C10, E, E4, E42, G, G2, G28