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3865 Results

Unregulated Lending, Mortgage Regulations and Monetary Policy

Staff working paper 2022-28 Ugochi Emenogu, Brian Peterson
This paper evaluates the effectiveness of macroprudential policies when regulations are uneven across mortgage lender types. We look at credit tightening that results from macroprudential regulations and examine how much of it is counteracted by credit shifting to unregulated lenders. We also study the impact of monetary policy tightening when some lenders are unregulated.
February 27, 2001

Fall Consultations—2000: Summary of Comments

As it does every year during the Fall, the government sought views from market participants on a number of issues related to the design and operations of government debt programs in the next fiscal year. To allow comments to be received from a broader range of participants, the consultation documents were available on the Bank […]
February 10, 2021

Payments innovation beyond the pandemic

Remarks (delivered virtually) Timothy Lane Institute for Data Valorisation Montréal, Quebec
Deputy Governor Timothy Lane talks about how the Bank of Canada is contributing to the modernization of our payments ecosystem, and how the COVID-19 pandemic has highlighted the need to make payments more convenient for all Canadians.
April 21, 2004

Opening Statement before the House of Commons Finance Committee

Opening statement David Dodge House of Commons Finance Committee
The Canadian economy continues to adjust to developments in the global economy such as stronger world demand, higher commodity prices, and the realignment of world currencies, including the Canadian dollar. Emerging-market economies, especially China and India, are contributing to intensified competition but are also creating new trading opportunities for Canada.
January 14, 2008

Business Outlook Survey - Winter 2007-08

Overall, firms remain positive about the outlook, with the results of the winter survey showing little change from those of the autumn survey. Nonetheless, firms reported more uncertainty in light of recent developments, most notably the volatility in the value of the Canadian dollar.

Analysis of DeFi Oracles

Oracles are constructs used in decentralized finance to price assets relative to each other. However, oracles contain defects that could lead to manipulation attacks. Such attacks exploit pricing models embedded within oracles to defraud creators and users. We automatically verify defects, which if mitigated, improves the security of digital currency.
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