Search

Content Types

Subjects

Authors

Research Themes

JEL Codes

Sources

Published After

Published Before

3541 Results

Alternative Futures for Government of Canada Debt Management

This paper presents four blue-sky ideas for lowering the cost of the Government of Canada’s debt without increasing the debt’s risk profile. We argue that each idea would improve the secondary-market liquidity of government debt, thereby increasing the demand for government bonds and thus lowering their cost at issuance.

Daniel de Munnik

Daniel de Munnik is a Senior Policy Advisor in the International Economic Analysis Department (INT).

Christian Friedrich

Christian Friedrich
Christian Friedrich is a Senior Research Advisor in the Financial Stability Department at the Bank of Canada.

Jane Voll

Jane Voll was appointed Regional Director (Economics) at the Bank’s Regional Office for Ontario in September 2008.
November 25, 2016

Bank of Canada announces finalists for the second annual Governor’s Challenge

NOTE TO EDITORS: This press release has been revised to reflect the new date of the final round of The Governor’s Challenge, 4 February 2017.

The Bank of Canada announced the finalists for the 2016–17 edition of The Governor’s Challenge, a student competition in which teams simulate the role of advisor to the Bank’s Governing Council.
Content Type(s): Press, Press releases Source(s): The Governor's Challenge

Stephen Murchison

Stephen Murchison was appointed Advisor to the Governor, effective 4 May 2015.
Department(s): Executive
February 23, 2012

Household Borrowing and Spending in Canada

Understanding how much of the increased debt load of Canadian households has been used to finance household spending on consumption and home renovation is important for the conduct of monetary policy. In this article, the authors use a comprehensive data set that provides information on the uses of debt by Canadian households. They first present some facts regarding the evolution of Canadian household debt over the period from 1999 to 2010, emphasizing the increased importance of debt flows that are secured by housing. They then explore how Canadian households have used their borrowed funds over the same period, and assess the role of these borrowed funds in financing total consumption and spending on home renovation. Finally, they examine the possible effects of a decline in house prices on consumption when housing equity is used as collateral against household indebtedness.
Content Type(s): Publications, Bank of Canada Review articles JEL Code(s): E, E2, E21, E5, E51, H, H3, H31
Go To Page