June 11, 2003 It All Starts with the Data Remarks David Dodge Conference of European Statisticians Geneva, Switzerland Our statistical needs are fundamentally shaped by what we are expected to do under our mandate. The primary goal of most central banks today is to conduct monetary policy so as to achieve and maintain price stability. Low, stable, and predictable inflation is the means to our ultimate objective of solid economic performance over time. Content Type(s): Press, Speeches and appearances, Remarks
October 12, 2018 Macrofinancial Issues Workshop This workshop, hosted by our Financial Stability Department, brings together top researchers from Canada and the United States, to discuss macro-financial issues such as the housing market, banking and regulatory policies. This event will be a precursor to two-day annual meetings of academic and business professionals more broadly focused on financial systems issues. Content Type(s): Conferences and workshops
December 15, 2015 Financial System Review - December 2015 The Reports section of the Financial System Review examines selected issues of relevance to the Canadian and global financial systems. The December 2015 issue features two reports on significant developments in the financial system related to household finances: the importance of residential mortgage securitization for Canadian housing finance and the changing patterns of indebtedness of Canadian households. Content Type(s): Publications, Financial Stability Report
May 2, 2016 Bank of Canada designates Automated Clearing Settlement System under the Payment Clearing and Settlement Act Media Relations Ottawa, Ontario The Governor of the Bank of Canada has designated, effective 2 May 2016, the Automated Clearing Settlement System (ACSS) for oversight under the Payment Clearing and Settlement Act (PCSA) as a clearing and settlement system that has the potential to pose payments system risk. Content Type(s): Press, Press releases
June 25, 2009 Bank of Canada Announces Extension of Expanded Swap Facility with U.S. Federal Reserve The temporary reciprocal currency arrangements (swap lines) between the U.S. Federal Reserve and other central banks have been extended to 1 February 2010. Content Type(s): Press, Market notices
September 30, 2015 Research Update - September 2015 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
The Welfare Effects of Protection: A General Equilibrium Analysis of Canada’s National Policy Staff working paper 2017-18 Patrick Alexander, Ian Keay In this paper, we study the impact of Canada’s adoption of protectionist trade policy in 1879 on Canadian welfare. Under the National Policy the Canadian average weighted tariff increased from 14% to 21%. The conventional view is that this was a distortionary policy that negatively affected Canadian welfare. Content Type(s): Staff research, Staff working papers JEL Code(s): F, F1, F13, F14, F4, F42, F6, F60, N, N7, N71 Research Theme(s): Models and tools, Economic models, Monetary policy, Real economy and forecasting, Structural challenges, International trade, finance and competitiveness
BoC–BoE Sovereign Default Database: What’s new in 2025? Staff analytical note 2025-24 David Beers, Obiageri Ndukwe, Joe Berry The BoC–BoE database of sovereign debt defaults, published and updated annually by the Bank of Canada and the Bank of England, provides comprehensive estimates of stocks of government obligations in default. The 2025 edition highlights a decline in the US-dollar value of sovereign debt in default and provides more data about defaults on China’s official loans. Content Type(s): Staff research, Staff analytical notes JEL Code(s): F, F3, F34, G, G1, G10, G14, G15 Research Theme(s): Financial markets and funds management, Funds management, International markets and currencies, Financial system, Financial stability and systemic risk
April 1, 2016 Business Outlook Survey - Spring 2016 Business sentiment in the spring Business Outlook Survey improved but remains subdued overall. The positive impetus coming from sustained foreign demand continues to be largely offset by the persistent drag and spillovers from the oil price shock. Content Type(s): Publications, Business Outlook Survey
February 16, 2023 No two ways about it: Why the Bank is committed to getting back to 2% Remarks Paul Beaudry Alberta School of Business Edmonton, Alberta Deputy Governor Paul Beaudry discusses the benefits of being near the Bank’s 2% inflation target and the dangers of straying from it for too long. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework