March 2, 2026 Monetary policy in a turbulent world Speech summary Sharon Kozicki Norges Bank Monetary Policy Mandate Conference Oslo, Norway Deputy Governor Sharon Kozicki talks about setting monetary policy when supply shocks have more influence on inflation. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation, Inflation targeting framework
December 8, 2016 Engaging Canadians: a #bankNOTEable process Remarks Stephen S. Poloz Canadian Museum of History Gatineau, Quebec Governor Poloz, with Ministers Morneau and Hadju, announces the #bankNOTEable woman. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Currency, Bank notes
The Welfare Cost of Inflation Revisited: The Role of Financial Innovation and Household Heterogeneity Staff working paper 2018-40 Shutao Cao, Césaire Meh, José-Víctor Ríos-Rull, Yaz Terajima We document that, across households, the money consumption ratio increases with age and decreases with consumption, and that there has been a large increase in the money consumption ratio during the recent era of very low interest rates. We construct an overlapping generations (OLG) model of money holdings for transaction purposes subject to age (older households use more money), cohort (younger generations are exposed to better transaction technology), and time effects (nominal interest rates affect money holdings). Content Type(s): Staff research, Staff working papers JEL Code(s): E, E2, E21, E4, E41 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting
Canadian Repo Market Ecology Staff discussion paper 2016-8 Corey Garriott, Kyle Gray This is the first of the Financial Markets Department’s descriptions of Canadian financial industrial organization. The document discusses the organization of the repurchase-agreement (repo) market in Canada. Content Type(s): Staff research, Staff discussion papers JEL Code(s): G, G1, G18, G2, G21, G23 Research Theme(s): Financial markets and funds management, Market functioning, Market structure, Financial system, Financial institutions and intermediation, Financial system regulation and oversight
January 16, 2023 Canadian Survey of Consumer Expectations—Fourth Quarter of 2022 Results of the fourth-quarter survey show that consumers have reduced their purchases of a broad range of goods and services in response to rising inflation and increases in interest rates. High food prices are a particular source of frustration for households. Most consumers anticipate a mild or moderate recession in the next 12 months. And although labour markets continue to be strong, some early signals suggest consumers think this strength will fade. Meanwhile, short-term inflation expectations remain elevated this quarter, but consumers have varied opinions about where inflation will be in five years. More people than before the pandemic expect deflation. Content Type(s): Publications, Canadian Survey of Consumer Expectations
November 28, 2023 Moving money with confidence: Canada’s new regime for retail payments supervision Remarks Ron Morrow Central 1 Momentum Summit Vancouver, British Columbia Executive Director of Supervision Ron Morrow discusses the creation and coming into force of a new supervision regime to oversee retail payments. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Fintech, Retail payments
March 5, 2008 Proposed Criteria for Accepting ABCP as Collateral for the Bank of Canada's Standing Liquidity Facility The Bank of Canada is seeking comments from direct participants in the Large Value Transfer System (LVTS) and other interested parties on the proposed eligibility criteria for accepting asset-backed commercial paper (ABCP) as collateral for the Bank of Canada's Standing Liquidity Facility (SLF). Content Type(s): Press, Announcements
April 30, 2014 Bank of Canada announces appointment of Lynn Patterson as Deputy Governor Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced the appointment of Lynn K. Patterson as Deputy Governor effective 5 May 2014. Content Type(s): Press, Press releases
March 26, 2014 Oversight Activities during 2013 under the Payment Clearing and Settlement Act This report reviews the Bank of Canada's oversight activities during 2013 and priorities for 2014 pursuant to the Payment Clearing and Settlement Act (PCSA). This annual report is intended to provide transparency and accountability regarding the Bank's activities in this area. Content Type(s): Regulatory news
June 12, 2014 Making Banks Safer: Implementing Basel III Financial System Review - June 2014 Éric Chouinard, Graydon Paulin Éric Chouinard and Graydon Paulin review the progress to date in implementing Basel III, the new framework of global regulatory standards for the banking sector developed by the Basel Committee on Banking Supervision. The report highlights the expected net benefits of implementing Basel III, as well as the challenges in ensuring international consistency in measuring the risk-weighted capital of banks. It includes a discussion on how implementing Basel III has affected the banking system in Canada and other important jurisdictions, and demonstrates the need for ongoing assessment of the effects on the financial system and the macroeconomy. Content Type(s): Publications, Financial System Review articles JEL Code(s): G, G2, G28