January 8, 2009 Financial Stability through Sound Risk Management Remarks Pierre Duguay Risk Management Association, Toronto Chapter Toronto, Ontario The extraordinary turmoil of 2007 and 2008 has brought to the fore many issues and challenges, most of which will be with us for some time as we deal with what has become the deepest financial crisis since the 1930s. Policy-makers around the world have taken bold and timely steps to deal with the financial instability and economic crisis, but it will take time for confidence to be restored and for markets to become fully functional again. Content Type(s): Press, Speeches and appearances, Remarks
Introducing Sparks at Bank Sparks at Bank article Sparks at Bank is a new platform for sharing insights, research and analysis from staff at the Bank of Canada. It’s designed for people who think deeply about the economy and policy but who also appreciate clarity and brevity. Content Type(s): Staff research, Sparks at Bank article
Time Use and Macroeconomic Uncertainty Staff working paper 2023-29 Matteo Cacciatore, Stefano Gnocchi, Daniela Hauser We estimate the effects of economic uncertainty on time use and discuss its macroeconomic implications. We develop a model to demonstrate that substitution between market and non-market work provides an additional insurance margin to households, weakening precautionary savings and labour supply and lowering aggregate demand, ultimately amplifying the contractionary effects of uncertainty. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E2, E24, E3, E32, E5, E52, J, J2, J22 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission, Real economy and forecasting
November 12, 2020 Exploring life after COVID-19: the far side of the moon Remarks (delivered virtually) Carolyn A. Wilkins Munk School of Global Affairs and Public Policy Toronto, Ontario Senior Deputy Governor Carolyn A. Wilkins discusses what the economy will need once we’re past the COVID-19 crisis. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
November 19, 2008 Building Continuous Markets Remarks Mark Carney the Canada – United Kingdom Chamber of Commerce London, United Kingdom Throughout the years, Canada has been a major beneficiary of London's innovation. Companies of adventurers, conceived and funded in London, opened up large swathes of Canada to international trade. Content Type(s): Press, Speeches and appearances, Remarks
December 31, 2021 Research Update - December 2021 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
November 15, 2024 Quarterly Financial Report - Third Quarter 2024 Quarterly Financial Report - Third Quarter 2024 - For the period ended September 30, 2024, unaudited Content Type(s): Publications, Quarterly Financial Report
May 26, 2010 Senate Committee on National Finance Opening statement Pierre Duguay Senate Committee on National Finance Ottawa, Ontario At year-end 2009, there were 1.8 billion bank notes in circulation, with a total value of $55.5 billion – approximately $1,630 per Canadian. The Bank of Canada is not responsible for coins. Decisions on coinage rest with the federal government, in particular, the Department of Finance, and with the Royal Canadian Mint. Content Type(s): Press, Speeches and appearances, Opening statements
June 26, 2024 CFIF-BATVN publishes an educational primer on Canadian Asset-Backed Commercial Paper Canadian money markets are undergoing a significant change due to the disappearance of Bankers Acceptances (BAs). BAs will no longer be issued by the major Canadian banks after the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication on June 28, 2024. Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum
March 26, 2011 Bank of Canada Governor Mark Carney discusses Challenges Posed by Globalization, Proposes Global Code of Conduct for Capital Flows Media Relations Calgary, Alberta Speaking at the Annual Meeting of the Inter-American Development Bank, Bank of Canada Governor Mark Carney called on global policymakers to work towards renewing the “rules of the game” of the international monetary system, while implementing short-term measures, such as a code of conduct for capital flows, to improve the functioning of the current system. Content Type(s): Press, Press releases