Stress in the Press or Stress in the Market: A New Measure of Perceived Financial Stress Staff analytical paper 2026-50 Brett Barnes, Thibaut Duprey, Fred Liu We develop a news-based measure of perceived financial stress for Canada using Globe and Mail articles since 1977. We show that news shocks primarily impact unsecured households credit, consistent with household precautionary behavior. Content Type(s): Staff research, Staff analytical paper JEL Code(s): C, C5, C55, C8, C82, E, E4, E44, G, G0, G01 Research Theme(s): Financial system, Financial stability and systemic risk, Household and business credit, Models and tools, Econometric, statistical and computational methods
How Costly Are Cross-Border Payments for Firms? Staff analytical paper 2026-49 Jiaqi Li Using proprietary FXC Intelligence data on quoted prices for Canadian business-to-business cross-border payments, this note finds that banks charge firms around 2–3.5% of transaction value. Prices vary considerably across banks for the same corridor, transaction amount, and year. Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E4, E42, F, F2, F29, Y, Y1, Y10 Research Theme(s): Money and payments, Payment and financial market infrastructures, Retail payments
October 16, 2026 The Bank of Canada releases the third quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations On Monday, October 19, 2026, the Bank of Canada will release the third quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations. Content Type(s): Press, Media advisories
October 16, 2026 Fireside chat with Michelle Alexopoulos, External Deputy Governor of the Bank of Canada On Friday, October 16, 2026, Michelle Alexopoulos, External Deputy Governor of the Bank of Canada, will participate in a fireside chat at Sobey School of Business at Saint Mary’s University. Content Type(s): Press, Media advisories
October 16, 2026 Panel with Tiff Macklem, Governor of the Bank of Canada On Friday, October 16, 2026, Tiff Macklem, Governor of the Bank of Canada, will participate in a panel at the IMF Annual Meetings. Content Type(s): Press, Media advisories
October 15, 2026 Panel: Carolyn Rogers, Senior Deputy Governor Atlantic Council Bangkok, Thailand Content Type(s): Upcoming events
October 15, 2026 Sparks at Bank Sparks at Bank features insights and analysis from Bank of Canada economists and researchers. It takes its name from the intersection of Sparks and Bank streets in Ottawa where the Bank’s head office is located.
Forecasting oil prices: What works best and when Sparks at Bank article Reinhard Ellwanger Oil price forecasts help central banks assess risks to inflation and economic activity. Forecasters often rely on the latest price of oil, on futures markets or on economic models. The best approach depends on how far ahead forecasters are looking and whether they need only a forecast or also an explanation of what’s behind it. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Real economy and forecasting
October 15, 2026 Panel with Carolyn Rogers, Senior Deputy Governor of the Bank of Canada On Thursday, October 15, 2026, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, will participate in a panel at the Atlantic Council at the IMF – World Bank Week. Content Type(s): Press, Media advisories
October 14, 2026 Fireside Chat: Tiff Macklem, Governor Institute of International Finance (IIF) Bangkok, Thailand Content Type(s): Upcoming events