August 25, 2020 Our COVID-19 response: Large-scale asset purchases Paul Beaudry The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial assets. Our purchases serve two purposes. They help key financial markets work properly, and they can help increase spending in the economy. This leads to more employment and stronger economic growth. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation targeting framework
February 14, 2023 About the Bank’s interest earnings The Bank of Canada’s balance sheet reflects the unique role it plays as Canada’s central bank. It is different from the balance sheets of other financial institutions—the assets and liabilities on the Bank’s balance sheet are intended to support its core functions rather than to generate profit. Content Type(s): Background materials
February 17, 2022 CFIF Meeting (February 17, 2022) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
October 3, 2024 CFIF Meeting (October 3, 2024) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
September 14, 2021 CFEC Meeting (September 14, 2021) Conference Call Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
June 29, 2021 Bank of Canada publishes transaction-level data for its discontinued asset purchase programs As previously announced on March 23, the Bank is publishing transaction-level data for its discontinued asset purchase programs that were introduced to support key financial markets during the COVID-19 pandemic. Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility, Commercial Paper Purchase Program, Corporate Bond Purchase Program, Provincial Bond Purchase Program, Provincial Money Market Purchase Program
June 17, 2008 A Tool for Assessing Financial Vulnerabilities in the Household Sector Bank of Canada Review - Summer 2008 Shubhasis Dey, Ramdane Djoudad, Yaz Terajima In this article, the authors build on the framework used in the Bank of Canada's Financial System Review to assess the evolution of household indebtedness and financial vulnerabilities in response to changing economic conditions. To achieve this, they first compare two microdata sets generated by Ipsos Reid's Canadian Financial Monitor and Statistics Canada's Survey of Financial Security. They find that the surveys are broadly comparable, despite methodological differences. This enables them to use the combined information content for the identification of the threshold value of the debt-service ratio (DSR). The article then presents an innovative framework that uses household-level microdata to simulate changes in the distribution of the DSR under various stress scenarios. The authors show how this framework can be used by analyzing the effects of two different scenarios on the distribution of the debt-service ratio and the impact on vulnerable households. This tool will enable researchers to refine their analyses of current risks to the financial health of Canadian households. The article concludes with comments on future directions for refining the Bank's analyses of household sector risk. Content Type(s): Publications, Bank of Canada Review articles
June 7, 2010 Expectations: Definitions, graphs and data Selected definitions, graphs and historical data
June 10, 2021 CFEC Meeting (June 10, 2021) Conference Call Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee