June 14, 2007 Bank of Canada Review - Summer 2007 Cover page Decimalization in Great Britain The Victorian florin on the cover is part of the National Currency Collection of the Bank of Canada. Content Type(s): Publications, Bank of Canada Review
Seasonal Adjustment of Weekly Data Staff discussion paper 2024-17 Jeffrey Mollins, Rachit Lumb The industry standard for seasonally adjusting data, X-13ARIMA-SEATS, is not suitable for high-frequency data. We summarize and assess several of the most popular seasonal adjustment methods for weekly data given the increased availability and promise of non-traditional data at higher frequencies. Content Type(s): Staff research, Staff discussion papers JEL Code(s): C, C1, C4, C5, C52, C8, E, E0, E01, E2, E21 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Real economy and forecasting
June 21, 2007 Financial System Review - June 2007 The Financial System Review is one vehicle that the Bank of Canada uses to contribute to the strength of the Canadian financial system. The Developments and Trends section of the Review aims to provide analysis and discussion of current developments and trends in the Canadian financial sector. Content Type(s): Publications, Financial Stability Report
March 31, 2025 Quarterly Research Update – 2025 Q1 This 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
Tracking Heterogeneous Spending Patterns with Credit Card Microdata Staff analytical paper 2026-38 Jia Qi Xiao, Jackson Reid, Joey Daniels We present a measure of account-level credit card spending constructed using credit bureau microdata, capturing monthly spending for approximately 80% of adults in Canada. Our measure offers higher frequency than other publicly available consumption metrics, and can be disaggregated by age, geographic location and credit history. Content Type(s): Staff research, Staff analytical paper JEL Code(s): C, C5, C55, C8, C81, D, D1, D14, E, E2, E21, E3, E32, G, G5, G51 Research Theme(s): Financial system, Financial stability and systemic risk, Financial system regulation and oversight, Household and business credit, Monetary policy, Real economy and forecasting
September 2, 2010 Guideline Related to Bank of Canada Oversight Activities Under the Payment Clearing and Settlement Act This Guideline, which is subject to periodic revisions at the Bank’s discretion, was last updated in April 2018.
Understanding the Cross‐Country Effects of US Technology Shocks Staff working paper 2017-23 Thuy Lan Nguyen, Wataru Miyamoto Business cycles are substantially correlated across countries. Yet most existing models are not able to generate substantial transmission through international trade. We show that the nature of such transmission depends fundamentally on the features determining the responsiveness of labor supply and labor demand to international relative prices. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E3, E30, F, F4, F41, F44, F6, F62 Research Theme(s): Models and tools, Economic models, Monetary policy, Real economy and forecasting, Structural challenges, International trade, finance and competitiveness
November 13, 2014 The Use of Financial Derivatives by Canadian Firms Bank of Canada Review - Autumn 2014 Teodora Paligorova, Rhonda Staskow In Canada, about one-third of publicly listed non-financial firms use financial derivatives. The use of derivatives is widespread across all sectors of the economy and increases during periods of greater uncertainty. Non-financial firms that use derivatives are typically larger and more profitable and have lower volatility of earnings than those that do not use derivatives. Overall, the firm characteristics of Canadian hedgers seem to be consistent with those found in other jurisdictions. Content Type(s): Publications, Bank of Canada Review articles JEL Code(s): G, G1, G10, G3, G32
A Barometer of Canadian Financial System Vulnerabilities Staff analytical note 2017-24 Thibaut Duprey, Tom Roberts This note presents a composite indicator of Canadian financial system vulnerabilities—the Vulnerabilities Barometer. It aims to complement the Bank of Canada’s vulnerabilities assessment by adding a quantitative and synthesized perspective to the more granular (distributional) analysis presented in the Financial System Review. Content Type(s): Staff research, Staff analytical notes JEL Code(s): C, C1, C14, C4, C40, D, D1, D14, E, E3, E32, E6, E66, F, F0, F01, G, G0, G01, G1, G15, G2, G21, H, H6, H63 Research Theme(s): Financial markets and funds management, Market functioning, Financial system, Financial stability and systemic risk, Household and business credit, Models and tools, Econometric, statistical and computational methods
March 21, 2025 Administrative monetary penalties This supervisory policy provides an overview of the Bank of Canada’s administrative monetary penalties (AMPs) regime and how the Bank determines administrative monetary penalty amounts. Content Type(s): Retail payments materials, Supervisory policies Subject(s): Retail payments, Enforcement, Registration