November 20, 1996 Monetary Policy Report – November 1996 This Report outlines recent developments in the Canadian economy that affect the rate of inflation and provides an account of the measures taken by the Bank of Canada to control inflation. Content Type(s): Publications, Monetary Policy Report
The Direct Effect of China on Canadian Consumer Prices: An Empirical Assessment Staff Discussion Paper 2007-10 Louis Morel The author investigates the direct effect of Chinese imported goods on consumer prices in Canada. On average, over the 2001–06 period, the direct effect of consumer goods imported from China is estimated to have reduced the inflation rate by about 0.1 percentage points per year. This disinflationary effect is due to two causes: first, the […] Content Type(s): Staff research, Staff discussion papers Research Topic(s): Inflation and prices JEL Code(s): E, E3, E31
October 3, 2007 Liquidity, Liquidity, Liquidity Remarks David Longworth Investment Industry Association of Canada Toronto, Ontario Sound financial investment is important to individuals, to firms, and to society as a whole. By definition, investment is forward looking, and thus our future financial well-being is shaped by the soundness of the investment decisions we make today. Content Type(s): Press, Speeches and appearances, Remarks
Procyclicality in Central Counterparty Margin Models: A Conceptual Tool Kit and the Key Parameters Staff Discussion Paper 2023-34 Alper Odabasioglu Regulators need to provide effective procyclicality guidance, and central counterparties must design and calibrate their margin systems and procyclicality frameworks appropriately. To serve these needs, we provide a novel conceptual tool kit. Further, we highlight that the focus should be on the key margin system parameters in determining procyclicality. Content Type(s): Staff research, Staff discussion papers Research Topic(s): Coronavirus disease (COVID-19), Credit risk management, Financial institutions, Financial markets, Financial stability, Financial system regulation and policies JEL Code(s): G, G0, G01, G2, G23, G28
May 22, 2008 Principles for Liquid Markets Remarks Mark Carney New York Association for Business Economics New York, New York Over the past year, both private sector financial market participants and public sector authorities have been preoccupied with the topic of liquidity as never before. Throughout the financial market turbulence, private liquidity management has become tremendously important. Content Type(s): Press, Speeches and appearances, Remarks
May 18, 2023 Financial System Review—2023 Tiff Macklem, Carolyn Rogers, Paul Beaudry, Toni Gravelle, Sharon Kozicki, Nicolas Vincent The adjustment to higher interest rates is exposing vulnerabilities in the global financial system. Recent banking sector stresses serve as a reminder that risks can arise and spread quickly. Key areas of concern are bank funding, liquidity in fixed income markets, and households’ ability to service their debts. Other financial system concerns relate to cyber attacks, climate change and cryptoasset markets. Content Type(s): Publications, Financial Stability Report
October 21, 2004 Monetary Policy Report – October 2004 The Canadian economy continues to adjust to major global developments. Content Type(s): Publications, Monetary Policy Report
February 17, 2010 Bank of Canada Liquidity Facilities: Past, Present, and Future Remarks David Longworth C.D. Howe Institute Toronto, Ontario Thank you for inviting me here today. It is a pleasure to be with you. This afternoon, I would like to talk about liquidity and the role of the Bank of Canada. Content Type(s): Press, Speeches and appearances, Remarks
June 8, 2006 Floating Dollar, Anchored Inflation: The Role of the Exchange Rate in Canada's Monetary Policy Framework Remarks Tiff Macklem Lunenburg Board of Trade Lunenburg, Nova Scotia The two key components of the Bank's monetary policy framework are an "anchor," the inflation target, and a "float," the flexible exchange rate. Living by the ocean, you know better than I that a good mooring is one that keeps a boat in place, yet allows some give and take for the wind and the tide. Content Type(s): Press, Speeches and appearances, Remarks
December 21, 2008 The Impact of Sovereign Wealth Funds on the International Financial System Financial System Review - December 2008 Tamara Gomes Content Type(s): Publications, Financial System Review articles