March 10, 2021 Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing (QE) program, which continues at its current pace of at least $4 billion per week. Content Type(s): Press, Press releases
Model Uncertainty and Wealth Distribution Staff working paper 2019-48 Edouard Djeutem, Shaofeng Xu This paper studies the implications of model uncertainty for wealth distribution in a tractable general equilibrium model with a borrowing constraint and robustness à la Hansen and Sargent (2008). Households confront model uncertainty about the process driving the return of the risky asset, and they choose robust policies. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D3, D8, E, E2 Research Theme(s): Financial system, Household and business credit, Models and tools, Economic models, Monetary policy, Real economy and forecasting
November 7, 2013 Bank of Canada Issues $5 and $10 Polymer Bank Notes Media Relations Ottawa, Ontario The Bank of Canada has announced the entry into circulation of the new $5 and $10 polymer bank notes. Starting today, these final two notes in the new polymer Frontiers series will be available at financial institutions across Canada. Content Type(s): Press, Press releases
August 10, 2010 Bank notes: Resources for the general public This section features useful tools to help you get to know Canada's polymer bank notes and learn how to verify their security features.
July 15, 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. Content Type(s): Press, Press releases
COVID-19 and bond market liquidity: alert, isolation and recovery Staff analytical note 2020-14 Jean-Sébastien Fontaine, Hayden Ford, Adrian Walton The disruption due to COVID-19 reverberated through the bond markets in three phases. In the first phase, dealers met the rising demand for liquidity. In the second, dealers reduced the supply of liquidity, and trading conditions worsened significantly. Finally, the market returned to relative stability following several interventions by the Bank of Canada. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E4 Research Theme(s): Financial markets and funds management, Funds management, Market functioning, Financial system, Financial stability and systemic risk
June 23, 2005 On the Evolution of the Financial Safety Net Financial System Review - June 2005 Walter Engert Content Type(s): Publications, Financial System Review articles