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 24, 2024 Publication: Summary of Deliberations 13:30 (ET)Bank of Canada 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
April 17, 2024 Introduction of one-month treasury bill In line with the announcement in the federal 2024 Budget, the Government of Canada will be introducing a temporary one-month treasury bill. Content Type(s): Press, Market notices
April 17, 2024 Prescribed supervisory information This supervisory policy provides an explanation of the prescribed supervisory information provisions and sets out the Bank of Canada’s expectations for payments service providers’ compliance with non-disclosure requirements related to prescribed supervisory information under subsection 64(1) of the Retail Payment Activities Act and sections 37 to 38 of the Retail Payment Activities Regulations.
U.S. Macroeconomic News and Low-Frequency Changes in Small Open Economies’ Bond Yields Staff Working Paper 2024-12 Bingxin Ann Xing, Bruno Feunou, Morvan Nongni-Donfack, Rodrigo Sekkel Using two complementary approaches, we investigate the importance of U.S. macroeconomic news in driving low-frequency fluctuations in the term structure of interest rates in Canada, Sweden and the United Kingdom. We find that U.S. macroeconomic news is particularly important to explain changes in the expectation components of the nominal, real and break-even inflation rates of small open economies. Content Type(s): Staff research, Staff working papers Topic(s): Central bank research, Econometric and statistical methods JEL Code(s): E, E4, E43, E44, E47, G, G1, G14
Liquidity risks at Canadian life insurance companies Staff Analytical Note 2024-7 Patrick Aldridge, Stephane Gignac, Rishi Vala, Adrian Walton We examine how life insurers manage liquidity risks created by their business model. We find that Canadian life insurers did not face significant liquidity draws and continued their usual investment behaviour during the COVID-19 crisis and as interest rates increased in 2022. Content Type(s): Staff research, Staff analytical notes Topic(s): Coronavirus disease (COVID-19), Financial institutions, Financial markets, Financial stability, Market structure and pricing JEL Code(s): D, D4, D47, D5, D53, G, G1, G12, G14, G2, G23
April 17, 2024 Record keeping This supervisory policy outlines what records payment service providers should keep and retain to comply with their record-keeping obligations under the Retail Payment Activities Act and the Retail Payment Activities Regulations.
April 17, 2024 Retail payments supervision: Supervisory policies and guidelines Access all supervisory policies and guidelines on registration and supervision related to the Retail Payment Activities Act and the Retail Payment Activities Regulations.