November 25, 2011 Summary of the 2011 Survey on Canadian Foreign Exchange Hedging Since 2004, the Bank of Canada has carried out a qualitative annual survey to assess the degree of activity in Canadian foreign exchange (FX) hedging. Content Type(s): Press, Market notices Source(s): Canadian Foreign Exchange Committee
Financial Development Beyond the Formal Financial Market Staff working paper 2018-49 Lin Shao This paper studies the effects of financial development, taking into account both formal and informal financing. Using cross-country firm-level data, we document that informal financing is utilized more by rich countries than poor countries. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E4, E44, O, O1, O17, O4, O47 Research Theme(s): Financial system, Financial institutions and intermediation, Household and business credit, Monetary policy, Real economy and forecasting
COVID-19 Crisis: Lessons Learned for Future Policy Research Staff discussion paper 2021-2 Jean-Sébastien Fontaine, Corey Garriott, Jesse Johal, Jessica Lee, Andreas Uthemann One year later, we review the events that took place in Canadian fixed-income markets at the beginning of the COVID-19 crisis and propose potential policy research questions for future work. Content Type(s): Staff research, Staff discussion papers JEL Code(s): D, D4, D47, E, E4, E41, E5, G, G0, G01, G1, G14, G2, G20, G21, G23 Research Theme(s): Financial markets and funds management, Market functioning, Financial system, Financial institutions and intermediation, Financial stability and systemic risk, Monetary policy, Monetary policy tools and implementation
December 23, 2002 The Impact of Participant Outages on Canada’s Large Value Transfer System Financial System Review - December 2002 Kim McPhail, David Senger Content Type(s): Publications, Financial System Review articles
December 21, 2006 Credit in a Tiered Payments System Financial System Review - December 2006 Alexandra Lai, Nikil Chande, Sean O'Connor Content Type(s): Publications, Financial System Review articles
June 30, 2022 Research Update - June 2022 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
February 17, 2011 Adverse Selection and Financial Crises Bank of Canada Review - Winter 2010-2011 Koralai Kirabaeva The recent financial crisis has highlighted the importance of adverse selection as a contributing factor to financial market instability. Content Type(s): Publications, Bank of Canada Review articles
Interest Rate and Renewal Risk for Mortgages Staff analytical note 2018-18 Olga Bilyk, Cameron MacDonald, Brian Peterson In this note, we explore two types of risk faced by holders of mortgages and home equity lines of credit (HELOCs) in the context of rising interest rates: interest rate risk and renewal risk. Content Type(s): Staff research, Staff analytical notes JEL Code(s): D, D1, E, E4, E5, G, G2, G21, G28 Research Theme(s): Financial system, Financial stability and systemic risk, Household and business credit
December 21, 2006 Are Canadian Banks Efficient? A Canada-U.S. Comparison Financial System Review - December 2006 Jason Allen, Walter Engert, Ying Liu Content Type(s): Publications, Financial System Review articles
April 7, 2017 Canada 150 commemorative $10 note security features Discover the security features of the $10 bank note commemorating the 150th anniversary of Confederation.