Assessing the Resilience of the Canadian Banking System Staff analytical note 2019-16 Charles Gaa, Xuezhi Liu, Cameron MacDonald, Xiangjin Shen The stability of the Canadian financial system, as well as its ability to support the Canadian economy, depends on the ability of financial institutions to absorb and manage major shocks. This is especially true for large banks, which perform services essential to the Canadian economy. Content Type(s): Staff research, Staff analytical notes JEL Code(s): C, C6, C63, E, E2, E27, E3, E37, E4, E44, G, G0, G01, G2, G21 Research Theme(s): Financial system, Financial institutions and intermediation, Financial stability and systemic risk
June 12, 2014 Financial System Review - June 2014 The Reports section of the Financial System Review examines selected issues of relevance to the Canadian and global financial systems. The June 2014 issue features three reports on financial system initiatives: making financial benchmarks more robust; implementing the stronger Basel III capital and liquidity framework for banks; and using stress tests to assess financial system risks. Content Type(s): Publications, Financial Stability Report
July 24, 2024 Monetary Policy Report—July 2024—In focus: Drivers of inflation in core goods and services Inflation in the prices of goods excluding energy has fallen sharply across many economies, while inflation in services excluding shelter remains elevated. Examining the factors behind recent shifts can provide insights into where inflation may be headed, at least over the near term.
The Role of the International Monetary Fund in the Post-Crisis World Staff discussion paper 2016-6 Mark Kruger, Robert Lavigne, Julie McKay The International Monetary Fund (IMF, or the Fund) has undergone a number of significant policy changes and reforms in the wake of the global financial crisis. Most notably, in December 2015, the United States approved long-delayed legislation to increase the representation of developing countries in the Fund’s governance structure. Content Type(s): Staff research, Staff discussion papers JEL Code(s): F, F3, F33 Research Theme(s): Financial markets and funds management, International markets and currencies, Financial system, Financial stability and systemic risk, Financial system regulation and oversight, Structural challenges, International trade, finance and competitiveness
June 7, 2018 Release of the Financial System Review Opening statement Stephen S. Poloz, Carolyn A. Wilkins Ottawa, Ontario Press conference following the release of the Financial System Review. Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
November 19, 2025 Toward a virtuous circle for productivity Remarks Nicolas Vincent Association des économistes québécois and CFA Québec Québec, Québec External Deputy Governor Nicolas Vincent discusses the most critical areas to focus on to improve Canada's productivity, which would make the economy more resilient and raise everyone's standard of living. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation
Synthesizing Signals from the Canadian Survey of Consumer Expectations Staff discussion paper 2025-11 Jacob Dolinar, Patrick Sabourin, Matt West We introduce the Canadian Survey of Consumer Expectations indicator. This indicator provides a summary measure of consumer opinions that we can track over time. We construct three underlying sub-indexes—financial health, labour market and consumer spending—that capture different factors influencing consumers’ daily lives. Content Type(s): Staff research, Staff discussion papers JEL Code(s): D, D1, D12, D8, D84, E, E2, E21, E3, E32, E7, E71 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Real economy and forecasting, Structural challenges, Demographics and labour supply
March 17, 2025 Will asset managers dash for cash? A summary of the implications for central banks David Cimon, Jean-Philippe Dion, Jean-Sébastien Fontaine, Jabir Sandhu We consider ways central banks could adapt in the event of an increased risk of a dash for cash from asset managers. We explore ideas such as new facilities that ease asset managers’ ability to convert existing assets to cash or new assets with liquidity that central banks would guarantee. Content Type(s): Publications, Financial System Hub articles JEL Code(s): E, E5, E58, G, G0, G00, G01, G1, G2
May 4, 1999 Global financial turbulence and the Canadian economy Remarks Gordon Thiessen La Chambre de commerce de la région sherbrookoise Sherbrooke, Quebec The world economy and Canada have had to navigate some difficult straits in the past couple of years. But we have made it through. And considering the tide from the Asian financial crisis that washed around the world, the Canadian economy has coped better this time around than in the past. Content Type(s): Press, Speeches and appearances, Remarks
December 10, 1996 The maturity structure of household financial assets and liabilities Bank of Canada Review - Winter 1996-1997 Marie-Claude Montplaisir In this article, the author examines the maturity structure of the household sector's balance sheet and the degree of interest rate variability of household loans and financial assets. The bulk of households' interest-bearing assets and financial liabilities consists of medium- and long-term, fixed-rate instruments. The pattern of personal consumption is therefore influenced more by the wealth effects of interest rate changes than by their income effects, and the full impact of a permnent shift in interest rates on consumption will become apparent only after a lag. Content Type(s): Publications, Bank of Canada Review articles