Joshua Slive - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T13:49:38+00:00Assessing the effects of higher immigration on the Canadian economy and inflation
https://www.bankofcanada.ca/2023/12/staff-analytical-note-2023-17/
We assess the complex macroeconomic implications of Canada’s recent population increases. We find that newcomers significantly boost the non-inflationary, potential growth of the economy, but existing imbalances in the housing sector may be exacerbated. Greater housing supply is needed to complement the long-term economic benefits of population growth.2023-12-07T12:35:52+00:00enAssessing the effects of higher immigration on the Canadian economy and inflation2023-12-07The Business Leaders’ Pulse—An Online Business Survey
https://www.bankofcanada.ca/2022/06/staff-discussion-paper-2022-14/
This paper introduces the Business Leaders’ Pulse, a new online survey conducted each month. It is designed to provide timely and flexible input into the Bank of Canada’s monetary policy decision making by asking firms about their sales and employment growth expectations, the risks to their business outlook, and topical questions that address specific information needs of the Bank.2022-06-30T14:29:35+00:00enThe Business Leaders’ Pulse—An Online Business Survey2022-06-30Monetary policy and uncertaintyRecent economic and financial developmentsStaff Discussion Paper 2022-14https://www.bankofcanada.ca/wp-content/uploads/2022/06/sdp2022-14.pdfStaff Discussion Paper 2022-14Tony ChernisChris D'SouzaKevin MacLeanTasha ReaderJoshua SliveFarrukh SuvankulovJune 2022CC8C83DD2D22EE3E32The potential effect of a central bank digital currency on deposit funding in Canada
https://www.bankofcanada.ca/2020/07/staff-analytical-note-2020-15/
A retail central bank digital currency denominated in Canadian dollars could, in theory, create competition for bank deposit funding.2020-07-03T11:53:07+00:00enThe potential effect of a central bank digital currency on deposit funding in Canada2020-07-03Modelling the Macrofinancial Effects of a House Price Correction in Canada
https://www.bankofcanada.ca/2018/11/staff-analytical-note-2018-36/
We use a suite of risk-assessment models to examine the possible impact of a hypothetical house price correction, centred in the Toronto and Vancouver areas. We also assume financial stress significantly amplifies the macroeconomic impact of the house price decline.2018-11-14T09:00:37+00:00enModelling the Macrofinancial Effects of a House Price Correction in Canada2018-11-14Financial System Resilience and House Price Corrections
https://www.bankofcanada.ca/2018/11/financial-system-resilience-and-house-price-corrections/
We use models to better understand and assess how risks could affect the financial system. In our hypothetical scenario, a house price correction and elevated financial stress weigh on the economy. An increased number of households and businesses have difficulty repaying loans. Nonetheless, the large banks remain resilient.2018-11-14T08:00:49+00:00enFinancial System Resilience and House Price Corrections2018-11-14Keeping the financial system healthy
https://www.bankofcanada.ca/2018/10/keeping-the-financial-system-healthy/
We are all better off if the financial system can weather a storm or two. And every one of us plays a role in keeping it that way.2018-10-16T09:00:32+00:00enKeeping the financial system healthy2018-10-16Fragmentation in Canadian Equity Markets
https://www.bankofcanada.ca/wp-content/uploads/2013/11/boc-review-autumn13-garriott.pdf
Changes in technology and regulation have resulted in an increasing number of trading venues in equity markets in Canada. New trading platforms have intensified price competition and have encouraged innovation, and they do not appear to have segmented trade. But the increasingly complex market structure has necessitated investments in expensive technology and has introduced new operational risks. Regulatory responses should be carefully adapted to retain the competition and innovation associated with this market fragmentation.2013-11-14T08:08:53+00:00enFragmentation in Canadian Equity Markets2013-11-14Liquidity and Central Clearing: Evidence from the CDS Market
https://www.bankofcanada.ca/2012/12/working-paper-2012-38/
An international initiative to increase the use of central clearing for OTC derivatives emerged as one of the reactions to the 2008 financial crisis. The move to central clearing is a fundamental change in the structure of the market.2012-12-06T13:06:17+00:00enLiquidity and Central Clearing: Evidence from the CDS Market2012-12-06Financial marketsWorking Paper 2012-38https://www.bankofcanada.ca/wp-content/uploads/2012/12/wp2012-38.pdfLiquidity and Central Clearing: Evidence from the CDS MarketJoshua SliveJonathan WitmerElizabeth WoodmanDecember 2012GG3G30G38The Canadian Approach to Central Clearing for Over-the-Counter Derivatives
https://www.bankofcanada.ca/wp-content/uploads/2012/12/fsr-1212-chande.pdf
2012-12-06T09:04:51+00:00enThe Canadian Approach to Central Clearing for Over-the-Counter Derivatives2012-12-06Access, Competition and Risk in Centrally Cleared Markets
https://www.bankofcanada.ca/wp-content/uploads/2012/11/bod-review-autumn12-fontaine.pdf
Central counterparties can make over-the-counter markets more resilient and reduce systemic risk by mitigating and managing counterparty credit risk. These benefits are maximized when access to central counterparties is available to a wide range of market participants. In an over-the-counter market, there is an important trade-off between risk and competition. A model of an over-the-counter market shows how risk and competition could be influenced by the incentives of market participants as they move to central clearing. In a centrally cleared market, there may be less risk when participation is high. This helps to explain why regulators have put in place requirements for fair, open and risk-based access criteria.2012-11-15T07:49:08+00:00enAccess, Competition and Risk in Centrally Cleared Markets2012-11-15