Guillaume Ouellet Leblanc

Senior Economist

Guillaume Ouellet Leblanc is a Senior Economist in the Market Risks and Vulnerabilities Division of the Financial Markets Department. Prior to his current role, he held various positions in the Financial Stability and Funds Management and Banking departments. Guillaume holds a M.A. in Economics from the Catholic University of Louvain (Belgium).


Guillaume Ouellet Leblanc

Senior Economist
Financial Markets
Market Risks and Vulnerabilities

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9


Did Canadian Corporate Bond Funds Increase their Exposures to Risks?

Staff Analytical Note 2018-7 Rohan Arora, Nadeem Merali, Guillaume Ouellet Leblanc
Canadian corporate bond mutual funds have rapidly increased in number and size in recent years. Their holdings have also become riskier, increasing their exposures to credit risk, interest rate risk and liquidity risk. We also briefly discuss financial stability implications.
Content Type(s): Staff Research, Staff Analytical Notes Topic(s): Financial markets, Financial stability JEL Code(s): G, G1, G2, G20, G23

Complementing the Credit Risk Assessment of Financial Counterparties with Market-Based Indicators

Staff Analytical Note 2017-15 Guillaume Ouellet Leblanc, Maarten van Oordt
The Bank’s internal credit risk assessment abilities are regularly enhanced. In this note, we present a recent innovation that extends the set of market-based indicators used in the credit risk assessment of financial counterparties.

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  • M.Sc. Financial Economics, Université du Québec en Outaouais (2015)
  • M.A. Economics, Université catholique de Louvain (2011)
  • B.A. Economics (International profile), Université Laval (2008)

Research Interests

  • Risk Management
  • Financial Institutions
  • Market-based Finance


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