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2996 Results

Introducing the Bank of Canada's Projection Model for the Global Economy

To complement its existing set of tools to analyze and forecast developments in the global economy, the Bank of Canada recently developed a version of the Global Projection Model (GPM) jointly with staff at the International Monetary Fund.
November 9, 2010

Looking Back, Moving Forward: Canada and Global Financial Reform

Remarks Mark Carney International Center for Monetary and Banking Studies Geneva, Switzerland
There is an old saying, “Knowledge is gained from experience, and experience is gained from mistakes.” In Canada, we made our mistakes early and often in the 1970s and 1980s. Our fiscal situation deteriorated sharply, inflation surged to double-digit levels, and a few small regional banks collapsed.
June 18, 2018

Rebooting Reference Rates

Remarks Lynn Patterson Investment Industry Association of Canada and Institute of International Finance Toronto, Ontario
Deputy Governor Lynn Patterson discusses the efforts in multiple jurisdictions to strengthen LIBOR and similar benchmarks and work underway in Canada to consider a new risk-free benchmark for the Canadian dollar market.

Cash and COVID-19: The Effects of Lifting Containment Measures on Cash Demand and Use

Staff Discussion Paper 2021-3 Heng Chen, Walter Engert, Kim Huynh, Gradon Nicholls, Julia Zhu
Using Bank Note Distribution System data on the demand for cash up to September 2020, we find that demand was strong. This is true even though cash use for payments declined early in the pandemic. When mobility restrictions and lockdown measures were eased, cash use for payments increased sharply but remained less popular than electronic methods of payment.
May 17, 2012

Conference Summary: New Developments in Payments and Settlement

The Bank of Canada’s annual conference, held in November 2011, brought together leading researchers from universities, central banks and other institutions from around the world. Divided into four sessions plus two keynote addresses, the conference covered such topics as the use of cash and other means of payment in retail transactions, large-value payments systems, and […]
March 29, 2023

The Bank of Canada’s market liquidity programs: Lessons from a pandemic

Remarks Toni Gravelle National Bank Financial Services Conference Montréal, Quebec
Deputy Governor Toni Gravelle speaks about market liquidity measures taken during the COVID-19 pandemic, and addresses recent turmoil in the US and international banking sectors.
September 12, 2007

A Clear Case for Transparency

Remarks David Dodge Canada-U.K. Chamber of Commerce London, United Kingdom
We have seen a remarkable continuation of robust global growth, fuelled by increases in international trade and facilitated by the continuing evolution and expansion of capital markets. Domestic demand began to grow more strongly in Europe and Asia and to slow in the United States, and this began to ease some of the concerns related to global imbalances that I spoke about during my last visit.
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