May 30, 2005 Reflections on the International Economic and Monetary Order Remarks David Dodge la Conférence de Montréal Montréal, Quebec Up to now, world capital markets have been managing these imbalances in a reasonably smooth way. In the short term, it is reasonable to expect that they will continue to do so. But over the medium term, imbalances of this magnitude are not sustainable. Content Type(s): Press, Speeches and appearances, Remarks
December 12, 2019 The Bank of Canada’s plans for 2020 Speech summary Stephen S. Poloz Empire Club of Canada Toronto, Ontario In his traditional year-end speech, Governor Stephen S. Poloz described some of the long-term forces affecting the global and Canadian economies that will shape the Bank’s work in 2020. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Currency, Digital currency, Financial system, Fintech, Monetary policy, Economy/Economic growth, Inflation targeting framework
Cyclicality of Schooling: New Evidence from Unobserved Components Models Staff working paper 2020-38 Barbara Sadaba, Sunčica Vujič, Sofia Maier What is the time-varying impact of economic cycles on decisions to invest in human capital? Content Type(s): Staff research, Staff working papers JEL Code(s): C, C3, C32, E, E3, I, I2, J, J2 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Real economy and forecasting
November 7, 2023 2023 Annual Bank of Canada Economic Conference Conference held on November 7 and 8, 2023. Content Type(s): Conferences and workshops
September 14, 2016 (S)low for Long and Financial Stability Remarks Carolyn A. Wilkins Official Monetary and Financial Institutions Forum City Lecture London, United Kingdom Senior Deputy Governor Carolyn Wilkins discusses the financial stability risks associated with slow growth and low interest rates, and explores strategies to mitigate them. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economic models, Economy/Economic growth
November 17, 2011 Modelling the Counterfeiting of Bank Notes: A Literature Review Bank of Canada Review - Autumn 2011 Ben Fung, Enchuan Shao The objective of this article is to improve our understanding of counterfeiting and its policy implications by reviewing research in this area. There has been almost no empirical work on counterfeiting because of the limited availability of counterfeiting data and related statistics. The authors therefore focus on theoretical studies that directly model the behaviour of the relevant economic agents. They first establish some stylized facts about counterfeiting to provide a general understanding of the problem. They then briefly review several models of counterfeiting and summarize their relevant insights, focusing on the implications of the findings for the incentive to counterfeit, social welfare and anti-counterfeiting policies. The authors find that the policy implications of these studies support the Bank’s comprehensive anti-counterfeiting strategy. Content Type(s): Publications, Bank of Canada Review articles
Cryptoasset Ownership and Use in Canada: An Update for 2022 Staff discussion paper 2023-14 Daniela Balutel, Christopher Henry, Doina Rusu We find that Bitcoin ownership declined from 13% in 2021 to 10% in 2022. This drop occurred against a background of steep price declines and an increasingly tight regulatory atmosphere. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C8, C81, E, E4, O, O5, O51 Research Theme(s): Money and payments, Cash and bank notes, Digital assets and fintech
January 9, 2020 Fireside Chat – Stephen S. Poloz, Governor Remarks Stephen S. Poloz Greater Vancouver Board of Trade Vancouver, British Columbia Governor Stephen S. Poloz talks about key issues for the Bank at the beginning of 2020. Content Type(s): Press, Speeches and appearances, Remarks
January 14, 2022 Bank of Canada/OSFI pilot helps Canadian financial sector assess climate change risks Media Relations Ottawa, Ontario The Bank of Canada and Office of the Superintendent of Financial Institutions today released the results of a pilot project on climate scenario analysis. Content Type(s): Press, Press releases