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9665 Results

November 19, 2025

Canada’s weak productivity: reversing course

Speech summary Nicolas Vincent Association des économistes québécois (ASDEQ) and CFA Québec Québec, Québec
External Deputy Governor Nicolas Vincent discusses Canada’s longstanding weak productivity, what can be done to reverse the trend, and how we would all benefit if we do.
November 19, 2025

Toward a virtuous circle for productivity

Remarks Nicolas Vincent Association des économistes québécois and CFA Québec Québec, Québec
External Deputy Governor Nicolas Vincent discusses the most critical areas to focus on to improve Canada's productivity, which would make the economy more resilient and raise everyone's standard of living.

Perceived interconnections between Canadian banks and non-bank financial intermediaries under stress

Staff Analytical Note 2025-26 Javier Ojea Ferreiro
I study the links between Canadian banks and non-bank financial intermediaries (NBFIs) by observing co-movements in stock prices. Perceived interconnections increased before the COVID-19 pandemic but have since stabilized, with the strongest ties seen between large banks and NBFIs. The secured credit line extended to Home Trust, a non-bank mortgage lender that experienced severe funding stress in 2017, significantly reduced banks' risk exposure to NBFIs during this episode.
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