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8939 Results

January 24, 2024

Press Conference: Monetary Policy Report – January 2024

Release of the Monetary Policy Report - Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (10:30 (ET) approx.).

January 24, 2024

Bank of Canada interest rate announcement and release of the Monetary Policy Report

On Wednesday, January 24, 2024, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision. Please note that this will take place at a new time, 09:45 (Eastern Time).
Content Type(s): Press, Media advisories
January 15, 2024

Mapping out the implications of climate transition risk for the financial system

We develop a new analytical framework to understand the system-wide implications of climate transition risk. When applying this framework to Canadian data, we find that interconnections within the financial sector could amplify the direct effects of climate transition risk on financial entities.
January 15, 2024

Flood risk and residential lending

We present key findings of a recent study that evaluates the credit risk that flooding poses to the residential lending activities of Canadian banks and credit unions. Results show that such risk currently appears modest but could become larger with climate change.
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