Change theme
Change theme

Search

Content Types

Topics

JEL Codes

Locations

Departments

Authors

Sources

Statuses

Published After

Published Before

8971 Results

May 9, 2024

Release: Financial System Survey

10:00 (ET)
The Bank of Canada conducts the Financial System Survey to solicit the opinions of senior experts in risk management. These experts provide their views on the risks to, and resilience of, the Canadian financial system as well as on new developments they are monitoring.

Content Type(s): Upcoming events
May 9, 2024

Publication: Financial System Review

10:00 (ET)
The Financial System Review summarizes the Governing Council’s judgment on the main vulnerabilities and risks to the stability of the Canadian financial system and highlights the efforts of the Bank and other Canadian and international regulatory authorities to mitigate those risks.

Content Type(s): Upcoming events
April 22, 2024

Release: Market Participants Survey

10:30 (ET)
The Market Participants Survey is conducted quarterly. Bank of Canada staff reach out to a diverse set of participants in financial markets to gather their views on key macroeconomic and financial variables as well as on monetary policy.

Content Type(s): Upcoming events

Unintended Consequences of the Home Affordable Refinance Program

Staff Working Paper 2024-11 Phoebe Tian, Chen Zheng
We investigate the unintended consequences of the Home Affordable Refinance Program (HARP). Originally designed to help borrowers refinance after the 2008–09 global financial crisis, HARP inadvertently strengthened the market power of incumbent lenders by creating a cost advantage for them. Despite a 2013 policy rectifying this cost advantage, we still find significant welfare losses for borrowers.
Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions JEL Code(s): G, G2, G21, G5, G51, L, L5, L51
Go To Page