January 14, 2022 Using Scenario Analysis to Assess Climate Transition Risk Final Report of the BoC-OSFI Climate Scenario Analysis Pilot
February 7, 2012 Raising the House of Reform Remarks Tiff Macklem Rotman Institute for International Business Toronto, Ontario Senior Deputy Governor Tiff Macklem discusses the importance of pressing ahead with financial reforms despite the weak global recovery. Content Type(s): Press, Speeches and appearances, Remarks
November 21, 2004 Summary of the G-20 Workshop on Developing Strong Domestic Financial Markets, 26-27 April 2004 Bank of Canada Review - Autumn 2004 Joerg Stephan, James Powell, Robert Lafrance, James Haley G-20 representatives, academics, market participants, and members of international financial institutions were brought together in Ottawa to explore the connection between robust financial markets and economic growth and development, share experiences, and to develop policy recommendations, where possible. Participants identified several areas they deemed critical for fostering strong domestic financial markets and reducing external vulnerability: sound macroeconomics policies, strengthened financial infrastructures and banking systems, and exchange rate flexibility for countries with widely open capital accounts. Papers presented in the six sessions and keynote address highlighted a number of issues, including currency mismatches, the sequence of financial liberalization and supervisory reforms, the development of local financial markets, infrastructure building and governance, and appropriate incentives. Content Type(s): Publications, Bank of Canada Review articles
Stablecoin Assessment Framework Staff discussion paper 2021-6 Alejandro García, Bena Lands, Dennis Yanchus We offer relevant authorities a three-step assessment framework they can use to understand, identify and quantify the risks associated with stablecoin and other cryptocurrency arrangements. Content Type(s): Staff research, Staff discussion papers JEL Code(s): D, D7, D78, D8, D81, G, G0, G01, G1, G18, O, O3, O38 Research Theme(s): Financial system, Financial stability and systemic risk, Money and payments, Digital assets and fintech, Payment and financial market infrastructures
November 23, 2020 Financial stability and the COVID-19 pandemic Remarks (delivered virtually) Toni Gravelle Autorité des marchés financiers Montréal, Quebec Deputy Governor Toni Gravelle provides an assessment of risks to the stability of the Canadian financial system, including risks stemming from the COVID-19 pandemic. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
On-the-run Premia, Settlement Fails, and Central Bank Access Staff working paper 2025-19 Fabienne Schneider The premium on “on-the-run” Treasuries is an anomaly. I explain it using a model in which primary dealers hold inventories of Treasuries. I use the model to analyze the effects of granting access to central bank facilities. Content Type(s): Staff research, Staff working papers JEL Code(s): G, G1, G12, G19, G2, G23 Research Theme(s): Financial markets and funds management, Funds management, Market functioning, Market structure, Financial system, Financial institutions and intermediation
March 27, 2026 Notes on the financial stability indicators Take an in-depth look at the indicators related to financial stability.
December 8, 2011 Strengthening Bank Management of Liquidity Risk: The Basel III Liquidity Standards Financial System Review - December 2011 Natasha Khan, Tamara Gomes Content Type(s): Publications, Financial System Review articles
February 24, 2016 Connecting the Dots: Elevated Household Debt and the Risk to Financial Stability Remarks Lawrence L. Schembri Guelph Chamber of Commerce Guelph, Ontario Deputy Governor Lawrence Schembri discusses household debt, the risk it poses to financial stability and the role of the Bank of Canada. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Funds management, Monetary policy, Economy/Economic growth, Inflation
The Costs of Point-of-Sale Payments in Canada Staff discussion paper 2017-4 Anneke Kosse, Heng Chen, Marie-Hélène Felt, Valéry Dongmo Jiongo, Kerry Nield, Angelika Welte Using data from our 2014 cost-of-payments survey, we calculate resource costs for cash, debit cards and credit cards. For each payment method, we examine the total cost incurred by consumers, retailers, financial institutions and infrastructures, the Royal Canadian Mint and the Bank of Canada. Content Type(s): Staff research, Staff discussion papers JEL Code(s): D, D1, D12, D2, D23, D24, E, E4, E41, E42, G, G2, G21, L, L2 Research Theme(s): Money and payments, Cash and bank notes, Retail payments