May 2, 2016 Bank of Canada designates Automated Clearing Settlement System under the Payment Clearing and Settlement Act Media Relations Ottawa, Ontario The Governor of the Bank of Canada has designated, effective 2 May 2016, the Automated Clearing Settlement System (ACSS) for oversight under the Payment Clearing and Settlement Act (PCSA) as a clearing and settlement system that has the potential to pose payments system risk. Content Type(s): Press, Press releases
April 30, 2016 Research Update - April 2016 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
April 29, 2016 Independent Advisory Council announces candidates for the 2018 bank note featuring an iconic Canadian woman Media Relations Ottawa, Ontario The Bank of Canada today announced that the 2018 bank note independent Advisory Council has narrowed to 12 names the list of iconic Canadian women who could be featured on the first bank note of the next series. Content Type(s): Press, Press releases
April 29, 2016 Weekly Financial Statistics - 29 April 2016 Content Type(s): Publications, Historical: Weekly Financial Statistics
April 28, 2016 A Bank NOTE-able Canadian Woman: Selection process Learn about the process that led to the selection of Viola Desmond to be featured on the next regularly circulating $10 note.
April 28, 2016 Banking and Financial Statistics - April 2016 Content Type(s): Publications, Historical: Banking and Financial Statistics
Early Warning of Financial Stress Events: A Credit-Regime-Switching Approach Staff working paper 2016-21 Fuchun Li, Hongyu Xiao We propose an early warning model for predicting the likelihood of a financial stress event for a given future time, and examine whether credit plays an important role in the model as a non-linear propagator of shocks. Content Type(s): Staff research, Staff working papers JEL Code(s): C, C1, C12, C14, G, G0, G01, G1, G17 Research Theme(s): Financial system, Financial stability and systemic risk, Models and tools, Econometric, statistical and computational methods
Retail Order Flow Segmentation Staff working paper 2016-20 Corey Garriott, Adrian Walton In August 2012, the New York Stock Exchange launched the Retail Liquidity Program (RLP), a trading facility that enables participating organizations to quote dark limit orders executable only by retail traders. Content Type(s): Staff research, Staff working papers JEL Code(s): G, G1, G14, G2, G20, L, L1, L10 Research Theme(s): Financial markets and funds management, Market functioning, Market structure