May 5, 2022 Supporting Indigenous prosperity Speech summary Lawrence L. Schembri National Aboriginal Capital Corporations Association Gatineau, Quebec In his final speech before retiring from the Bank of Canada, Deputy Governor Lawrence Schembri talks about the Bank’s contribution to advancing economic inclusion and opportunity for Indigenous peoples. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Fiscal policy, Monetary policy
May 5, 2022 Bank of Canada Media Interview – APTN Lawrence Schembri, Deputy Governor of the Bank of Canada, spoke to Dennis Ward of APTN. Please check local listings or go to https://aptnnews.ca/ for more information. Content Type(s): Press, Media advisories
More Than Words: Fed Chairs’ Communication During Congressional Testimonies Staff Working Paper 2022-20 Michelle Alexopoulos, Xinfen Han, Oleksiy Kryvtsov, Xu Zhang We measure soft information contained in the congressional testimonies of U.S. Federal Reserve Chairs and analyze its effect on financial markets. Increases in the Chair’s text-, voice-, or face-emotion indices during these testimonies generally raise stock prices and lower their volatility. Content Type(s): Staff research, Staff working papers Topic(s): Central bank research, Financial markets, Monetary policy communications JEL Code(s): E, E5, E52, E58, E7, E71
May 5, 2022 Economic reconciliation: Supporting a return to Indigenous prosperity Remarks Lawrence L. Schembri National Aboriginal Capital Corporations Association Gatineau, Quebec Bank of Canada Deputy Governor Lawrence Schembri discusses economic reconciliation with Indigenous peoples. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Fiscal policy, Monetary policy
May 5, 2022 Speech by Lawrence Schembri, Deputy Governor of the Bank of Canada On Thursday, May 5, 2022, Lawrence Schembri, Deputy Governor of the Bank of Canada, will speak before the National Aboriginal Capital Corporations Association (NACCA). Content Type(s): Press, Media advisories
May 3, 2022 Bank of Canada Media Interview – Financial Post Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, gave an interview to the Financial Post. The story will appear both online and in print. For more information: financialpost.com. Content Type(s): Press, Media advisories
Identifying Financially Remote First Nations Reserves Staff Discussion Paper 2022-11 Heng Chen, Walter Engert, Kim Huynh, Daneal O’Habib Chen et al. (2021) show that almost one-third of First Nations band offices in Canada are within 1 kilometre (km) of an automated banking machine (ABM) or financial institution (FI) branch and more than half are within 5 km. Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Digital currencies and fintech, Financial institutions, Financial services, Payment clearing and settlement systems JEL Code(s): E, E4, E41, E42, E5, G, G2, G21