BoC–BoE Sovereign Default Database: What’s new in 2024? Staff analytical note 2024-19 David Beers, Obiageri Ndukwe, Alex Charron 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 2024 edition updates the historical data and revisits sovereign defaults on local currency debt. 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
February 17, 2011 Competition in the Canadian Mortgage Market Bank of Canada Review - Winter 2010-2011 Jason Allen This article begins with a brief examination of the Canadian mortgage market, focusing on the market’s evolution following changes to the Bank Act in 1992, which allowed chartered banks to enter the trust business, and the subsequent entrance of virtual banks and mortgage brokers. Content Type(s): Publications, Bank of Canada Review articles
March 26, 2013 Toward a Stronger Financial Market Infrastructure for Canada: Taking Stock Remarks Agathe Côté Association for Financial Professionals of Canada (Montreal Chapter) Montréal, Quebec Deputy Governor Agathe Côté discusses accomplishments and work still to do by public and private sector stakeholders to make financial market infrastructure more resilient. Content Type(s): Press, Speeches and appearances, Remarks
September 27, 2018 Technological Disruption and Opportunity Remarks Stephen S. Poloz Atlantic Provinces Economics Council and Greater Moncton Chamber of Commerce Moncton, New Brunswick Governor Poloz talks about how new digital technologies create opportunities in the economy and affect how the Bank conducts monetary policy. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Fintech, Monetary policy, Economic models, Economy/Economic growth, Inflation
November 19, 2009 Focus the Debate on International Monetary System Reform, says Bank of Canada Governor Mark Carney Media Relations New York, New York A well-functioning international monetary system is required to promote economic growth and prosperity, Governor Carney said, as he reviewed the evolution of the international monetary system. Content Type(s): Press, Press releases
Examining the Impact of Home Purchase Restrictions on China’s Housing Market Staff working paper 2021-18 Zhentong Lu, Sisi Zhang, Jian Hong How do “cooling measures” in the housing market—policies aimed to stabilize prices—affect the market? We use a structural model of housing demand and price competition among developers to evaluate China’s home purchase restriction policies implemented in 2010–11. Content Type(s): Staff research, Staff working papers JEL Code(s): O, O1, O18, R, R3, R31, R38 Research Theme(s): Financial markets and funds management, Market structure, Financial system, Household and business credit, Monetary policy, Real economy and forecasting
Home Equity Extraction and the Boom-Bust Cycle in Consumption and Residential Investment Staff working paper 2018-6 Xiaoqing Zhou The consumption boom-bust cycle in the 2000s coincided with large fluctuations in the volume of home equity borrowing. Contrary to conventional wisdom, I show that homeowners largely borrowed for residential investment and not consumption. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D1, E, E2, E3 Research Theme(s): Financial system, Household and business credit, Models and tools, Economic models, Monetary policy, Real economy and forecasting
July 13, 2016 Monetary Policy Report – July 2016 Canadian economic growth is projected to accelerate from 1.3 per cent this year to 2.2 per cent in 2017. Content Type(s): Publications, Monetary Policy Report
March 31, 2015 Release of the 2014 Annual Report on Bank of Canada Oversight Activities The Bank of Canada today published the 2014 annual report on its oversight of payment, clearing and settlement systems, which are also known as financial market infrastructures or FMIs. Content Type(s): Press, Market notices
January 19, 2026 Canadian Survey of Consumer Expectations—Fourth Quarter of 2025 Results of the fourth-quarter 2025 survey show that concerns over high prices and economic uncertainty related to the trade conflict continue to have a negative impact on consumers. As a result, even though labour market conditions improved somewhat, the CSCE indicator declined slightly. Expectations for near-term inflation remain higher than they were before the pandemic, while those for long-term inflation eased below pre-pandemic levels. Content Type(s): Publications, Canadian Survey of Consumer Expectations