February 22, 2021 CARR Meeting (February 22, 2021) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
February 17, 2021 Bank of Canada announces 2020-21 scholarship recipients Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students and students who identify as a woman or as a member of a visible minority or racialized group, or person of colour. Content Type(s): Press, Press releases Source(s): Scholarship awards
February 16, 2021 University of Alberta crowned National Champion of The Governor’s Challenge Media Relations Ottawa, Ontario The University of Alberta has won the Bank of Canada’s sixth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Press releases Source(s): The Governor's Challenge
Market Concentration and Uniform Pricing: Evidence from Bank Mergers Staff working paper 2021-9 João Granja, Nuno Paixão We show that US banks price deposits almost uniformly across their branches and that this pricing practice is more important than increases in local market concentration in explaining the deposit rate dynamics following bank mergers. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D4, G, G2, G20, G21, G28, G3, G34, L, L1, L11 Research Theme(s): Financial markets and funds management, Market structure, Financial system, Financial institutions and intermediation, Financial stability and systemic risk
February 11, 2021 Canadian universities propose designs for a central bank digital currency The Bank of Canada is researching potential system designs and business models for a digital currency that, like a banknote, would be widely accessible, secure and denominated in Canadian dollars. Content Type(s): Press, Announcements
February 10, 2021 Changing how we pay Speech summary Timothy Lane Institute for Data Valorisation Montréal, Quebec Deputy Governor Timothy Lane discusses how the pandemic has accelerated the digitalization of the economy. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Currency, Digital currency, Financial system, Financial stability, Fintech